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Consequences of bankruptcy include loss of assets, impact on credit rating, and restrictions on obtaining credit.;You may also face limitations on running a business and certain travel restrictions.

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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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Clients receiving legal aid must cooperate with their lawyer, provide accurate information, and notify the legal aid office of any changes in their circumstances.;Failure to comply with these obligations can result in...

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A rental agreement should include the rent amount, payment terms, duration, and tenant/landlord obligations.;It should also cover the rules for terminating the lease and handling security deposits.

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Government surveillance in Australia is regulated by laws such as the Telecommunications (Interception and Access) Act 1979.;These laws balance the need for security with the protection of individual privacy rights.

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A building defect is a failure in the construction that results in the property not being fit for use or not meeting quality standards.;This can include structural issues, water leaks, or other faults that arise after...

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Digital products and services are covered by the same consumer guarantees as physical goods under the ACL, ensuring they meet quality and performance standards.;Consumers can seek remedies for defective digital produc...

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Cryptocurrency is treated as property for tax purposes, subject to capital gains tax.;Gains from cryptocurrency transactions are taxable, while losses may be claimed as deductions.

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The ACSC leads efforts to improve cybersecurity practices, provides advice and support to businesses and individuals, and coordinates responses to cyber incidents.;It works with government, industry, and the community...

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To file a civil lawsuit in Australia, you must first prepare and file a statement of claim with the relevant court, detailing the facts and legal basis of your claim.;After filing, the defendant must be served with th...