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Bankruptcy significantly impacts your credit rating, making it difficult to obtain credit in the future.;The record of bankruptcy remains on your credit report for up to five years or longer in some cases.

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Workplace discrimination in Australia is governed by the Fair Work Act, the Sex Discrimination Act, and the Racial Discrimination Act, among others. Employees are protected from discrimination based on race, gender, a...

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The process begins with consulting a lawyer, gathering evidence, and notifying the healthcare provider of the claim.;This is followed by negotiations or mediation, and if necessary, litigation in court.

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Intellectual property includes patents, trademarks, copyrights, and trade secrets.;You can protect it by registering patents and trademarks, using nondisclosure agreements, and securing copyrights.

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Options for raising capital include bootstrapping, seeking investors, applying for grants, and taking out loans.;Crowdfunding and venture capital are also viable options for startups looking for substantial funding.

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Redundancy and severance pay in Australia are governed by the Fair Work Act, which sets out minimum entitlements based on the employee's length of service and other criteria.;Employers must provide notice of redundanc...

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Employers can be held liable for defamatory statements made by employees if the statements were made in the course of their employment.;Employers should have policies and training in place to prevent defamatory statem...

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In Australia, the legal ground for divorce is the irretrievable breakdown of the marriage, evidenced by 12 months of separation.;No-fault divorce is practiced, meaning that neither spouse has to prove wrongdoing by th...

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Australian law classifies cryptocurrencies as digital assets, not currency or money.;This classification impacts how regulations and laws apply to cryptocurrency transactions.

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Common methods for resolving intellectual property disputes in Australia include negotiation, mediation, arbitration, and litigation.;Seeking legal advice and considering alternative dispute resolution methods can hel...