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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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A testamentary trust is created through a will and comes into effect upon the testator's death, whereas a living trust is established during the testator's lifetime.;Testamentary trusts are often used for managing ass...

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Domestic violence allegations can significantly impact child custody decisions, as the court prioritizes the safety and wellbeing of the child.;If there is evidence of domestic violence, the court may limit or restric...

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Businesses can improve debt recovery success by conducting thorough credit checks and maintaining clear payment terms.;Effective communication and prompt follow-up on overdue accounts are also key strategies.

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An employment contract in Australia must include the terms and conditions of employment, such as job duties, salary, work hours, and leave entitlements. It should also comply with the minimum standards set by the NES...

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You can apply for legal aid by contacting your local legal aid office and submitting an application form along with the required documents.;Applications can also be submitted online through the Legal Aid website in yo...

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The Goods and Services Tax (GST) in Australia is a 10% tax on most goods and services sold or consumed, with some exemptions.;Businesses must register for GST if their annual turnover exceeds the threshold, and they c...

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Common types of work claims include workers' compensation, unfair dismissal, and workplace injury claims.;These claims cover various workplace issues affecting employee rights and benefits.

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Businesses must honor consumer guarantees for the quality, safety, and performance of their products and services under Australian Consumer Law.;They are responsible for providing remedies if goods or services fail to...

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Australia combats illegal gambling through enforcement actions by state and territory gambling regulators and the ACMA.;Penalties for illegal gambling activities can include fines, imprisonment, and the forfeiture of...