Victorian State Revenue Office. A stamp duty waiver of up to 50% on purchases of residential property in Victoria with a dutiable value of up to $1 million, applying to contracts entered into on or after 25 November 2020 and before 1 July 2021. A waiver of 50% is planned for new build and “off-the-plan”...

2020Unfair Contracts

16 November 2020

The Federal and state governments reached a historic agreement to make “unfair contracts” illegal. (Nov 2020) The Commonwealth and state and territory governments had agreed to strengthen existing unfair contract term protections in the Australian Consumer Law, by making unfair terms unlawful (not simply void) and giving courts the power to impose a civil penalty;...