Legal Insights
Federal Government releases draft reforms to the unfair contract terms regime
The Federal Government has unveiled an exposure draft of the Treasury Laws Amendment (Measures for a later sitting) Bill 2021: Unfair contract term reforms (Exposure Draft) which seeks to amend the Australian Consumer Law (ACL) to improve the unfair contract terms (UCT) regime.
Defective clause in trust deed triggers duty surcharge
State and federal tax provisions often result in different tax outcomes for trustees depending on what type of trust is involved.
COVID-19 charity support
On 6 May 2020, the government announced here that they will incentivise charities to provide increased support in response to the COVID-19 situation, after studies revealed that the effects of COVID-19 had already seen a decrease in charitable giving, which was only likely to further decrease in 2021.