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The financial advice industry in Australia is regulated by ASIC, which requires advisors to be licensed and comply with the Corporations Act 2001.;Advisors must adhere to the Best Interests Duty, which mandates that t...

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Compensation law covers physical injuries, such as fractures, burns, and sprains, as well as some psychological injuries.;Injuries resulting from workplace accidents, motor vehicle accidents, and public incidents are...

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Staying informed about changes in trade regulations and seeking legal advice can help businesses maintain compliance.;Implementing robust internal compliance programs and conducting regular audits are also recommended...

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Tenants can send a formal request for repairs and, if ignored, apply to a tribunal for orders.;In some cases, tenants may also be able to undertake repairs themselves and deduct the cost from the rent.

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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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An agreement is a mutual understanding between parties, while a contract is a legally binding agreement enforceable by law.;Contracts must contain all essential elements, whereas agreements may lack enforceability.

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Debt consolidation options in Australia include personal loans, balance transfer credit cards, and debt agreements.;Consolidating debts can simplify payments and potentially reduce interest rates, making it easier to...

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Family provision claims allow eligible family members to seek a share of the estate if they believe they have not been adequately provided for.;The claim must be made within a specified time frame after the death, and...

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Visa extensions in Australia depend on the visa type; some visas allow for onshore applications for extension, while others may require applying for a different visa.;Applicants must provide evidence of their continue...

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Tax evasion in Australia can lead to severe penalties, including fines, interest on unpaid taxes, and imprisonment for serious offences.;The ATO conducts audits and investigations to detect and prevent tax evasion, an...