The new Unfair Contract Terms regime (introduced by the Treasury Laws Amendment (More Competition, Better Prices) Act 2022 (Amending Act), which amends the Competition and Consumer Act 2010 (Cth) [...]
The new unfair contract terms regime commences on 9 November 2023, which prohibits unfair contract terms in contracts and introduces significant pecuniary penalties. This article explores the new [...]
This article explores the significant changes that have been made by the Building and Construction Industry Security of Payment Amendment Act 2018 (NSW). Broadly, these changes affect how payment [...]
This article explains what is an 'ipso facto' clause, how these clauses are problematic for companies that are struggling and what a stay on these clauses will mean for Australian companies.
On 7 September 2017, the parliament of Queensland passed the Queensland Labour Hire Licensing Bill 2017 (the Bill), which will require any person who provides labour hire services in Queensland [...]
The much-anticipated release of the Australian Standards “General conditions of contract” AS11000 was, on Tuesday 4 April 2017 abandoned by the Standards Development and Accreditation Committee [...]
An indemnity is a contract by one party to keep another harmless against loss. It transfers risk from one party to another to compensate for loss. Some businesses assume that throwing in a broad, [...]
The Building and Construction Industry Security of Payment Act 1999 (NSW) (the Act) is designed to streamline the process to getting paid in the building and construction industry. The Act [...]
