Upcoming changes to unfair contract term legislation

Unfair contracts legislation came into effect around November 2016 targeting standard form contracts of large businesses that were unfair to and taking advantage of the consumer.  Since its introduction there have been a few amendments, the biggest being extending the definition of consumer to include small businesses. 2021 is bringing further amendments which are quite [...]

2021-02-11T00:12:37+00:00February 11th, 2021|Business Advice, Contracts, Corporate Advisory|Comments Off on Upcoming changes to unfair contract term legislation

Should I formally document my arrangements with suppliers? The (not so) obvious commercial advantages of Supply Agreements

Should we bother with a Supply Agreement? For a lawyer, the above question is akin to asking “should I tie my shoe laces?” but putting the legal ‘nerd alert’ to one side, there are many good commercial reasons why it is important to have a supply agreement in place. Whilst the list of benefits is [...]

2021-01-27T00:47:15+00:00January 27th, 2021|Business Advice, Contracts, Corporate Advisory|Comments Off on Should I formally document my arrangements with suppliers? The (not so) obvious commercial advantages of Supply Agreements

Like buying a 1999 Saab convertible: The importance of understanding the commercial lease obligations when buying a bargain business

Like in other times of economic turmoil, bargain businesses are now increasingly on the market. However, just like buying an old car, sometimes the alluringly low upfront price of a business obscures the painful reality of extraordinary costs you’ll have to bear down the track. As commercial lawyers, we are often asked to assist to [...]

2020-09-13T22:37:52+00:00September 13th, 2020|Business Advice, Contracts, Corporate Advisory, Property|Comments Off on Like buying a 1999 Saab convertible: The importance of understanding the commercial lease obligations when buying a bargain business

Wording is so important in employment law – meaning of the word “day”

The High Court decision in the matter Mondelez v AMWU [2020] HCA 29 was handed down on 13 August 2020.  It overturned the August 2019 Full Federal Court decision and restored the primary objectives of the Fair Work Act which embody flexible working and fairness at work. Problems with the Full Federal Court decision: There [...]

2020-08-23T23:56:15+00:00August 23rd, 2020|Business Advice, Compliance, Contracts, Corporate Advisory, employees|Comments Off on Wording is so important in employment law – meaning of the word “day”