News

The Real Estate Institute of Western Australia (“REIWA”), in conjunction with the Law Society of Western Australia, recently released the 2018 Joint Form General Conditions for the Sale of Land (“2018 JFGC”) which replaces the former 2011 version.

A recent decision in the Supreme Court of Queensland has highlighted the need for attention to detail in drafting demands and notices under contractual instruments.

Employers now have amnesty until May 2019 to voluntarily disclose any of their outstanding superannuation guarantee liabilities without penalty.

The Federal Government is offering tax concessions for “greenfield mineral exploration” investment in Australia for the period commencing 1 July 2017 to 30 June 2021.

On 15 March 2018, ASX issued a revised Guidance Note 8 (Continuous Disclosure). This key update relates to guidance provided to ASX listed entities in relation to the disclosure of market sensitive contracts for an acquisition or disposal.

Since 2010, the Australian Consumer Law has provided consumers with protection against unfair contract terms imposed on them by businesses in standard form contracts (known as business-to-consumer or “B2C”).

The Australian Taxation Office has today announced that it will commence random audits of taxpayers’ claims for work related deductions.

As of 22 February 2018, many businesses owing obligations under the Privacy Act 1988 will be subject to the new notifiable data breach scheme (NDB Scheme). These obligations include safeguarding all information about a person that would identify them or allow them to be reasonably identified.

Zafra Legal welcomes Alana Salsano to its team as a Senior Associate.

 

The recent decision of Sarich v Sarich from the Supreme Court of Western Australia again shows that a lack of clear drafting and legal advice in a Will can result in unintended consequences on the beneficiaries of the estate.