The Building and Construction Industry Security of Payment Act 2002 (Vic) (“the Act”) has been significantly amended and updated, with new rules taking effect from 15 April 2026. These new rules can affect all construction contracts, including contracts entered into before 15 April 2026, subject to the transitional provisions outlined in the amended Act. If [...]
Hard as it is to believe, the end of financial year (EOFY) is almost upon us once again; it’s the time of year in business to tie up the loose ends, get the books in order, shift any surplus or miscellaneous stock, and approach a new financial year with a clean slate and with your [...]
At Rankin Business Lawyers, we do law differently: and one of the pillars that underpins the way we go about this lies in our longstanding partnership with B Corp. Rankin Business Lawyers is proudly a certified B Corp company, an accreditation it has successfully maintained since 2017; the “B” in B Corp stands for “benefit,” [...]
For many small supply and manufacturing businesses, securing a contract with a major retailer or distributor is a significant commercial milestone. It can mean volume, credibility and growth. However, it often comes with a non-negotiable “standard form” agreement that shifts disproportionate risk onto the smaller party. Under Australia’s unfair contract terms (UCT) framework, certain terms [...]