Involved in an online business – are you aware of your obligations?

Online businesses are subject to a comprehensive legal framework. Key factors that all businesses should consider when selling goods and services online include: Be aware of your consumer law obligations. Broadly, laws which apply to face to face dealings equally apply to online transactions. There are numerous rules which apply to the marketing of your…

Innovation focus results in a win for startups

“Right now in Australia, start-ups and small businesses can’t actively access retail investors due to significant upfront and ongoing compliance costs and red tape” This was the statement made by Small Business Minister Kelly O’Dwyer in announcing proposed changes to rules around equity crowd funding. At present, equity crowd funding in Australia is limited to “wholesale…

Changes impacting foreign buyers

Involved in a transaction involving the sale of property to a foreign buyer? If you are, please note that the days of no cost applications to Australia’s Foreign Investment Review Board (FIRB) are gone.  From 1 December 2015, the following fees apply when seeking FIRB transaction approval: Residential property valued under AUD1 million: fee of…

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