The art deco doors of the Paragon café remained open throughout two world wars, three transfers of business and multiple financial crises. Now, despite purchase offers in multiples of the owner's asking price, the business's 102 years of operation is set for a tragic end. What/who could be responsible for the death of such a [...]
THE RECENT CASE OF CASDAR PTY LTD V JOSEPH FANOUS[1] reminds us of the hazards of non-binding and informal agreements. In that case, a Landlord, relying on a signed Heads of Agreement as the source of his rights, sought damages against a tenant. The court dismissed the claim on the basis that the Heads of [...]
The new unfair contracts legislation came into effect in November of 2016 and will affect hundreds of thousands of business contracts. Many of the contracts impacted by the legislation are grossly unfair to the small enterprise and contain provisions which enable the larger contracting party to unilaterally change the contract. Where the small business does [...]
Urban Development Institute of Australia have recently released a ‘State of Land’ report based on the National Land Survey Program (NLSP) by Charter Keck Cramer and Research 4. The report looks at the current state of the greenfield land market across the five main capital cities in Australia. There are some really interesting findings which, [...]
