“We thought the contract was pretty straightforward.” It’s something we hear regularly from manufacturing businesses. A contract might seem perfectly fine when everything is going smoothly. But when a supplier doesn’t deliver, a customer doesn’t pay, a project changes direction or a business relationship starts to break down, the wording of that contract can suddenly [...]
Businesses sometimes enter long-term contracts without specifying an end date. But does that mean either party can simply bring the arrangement to an end by giving reasonable notice? A recent Queensland Court of Appeal decision shows why businesses should not make that assumption. In Impact Healthcare Pty Ltd v St Vincent’s Private Hospitals Ltd [2026] [...]
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 [...]