On 1 November 2019, new laws about gift cards came into effect. Previously, there was no nationally uniform law regarding minimum expiry dates, and it has been estimated that $70 million is lost annually by consumers due to gift cards expiring before consumers had a chance to redeem them. On the flip side, gift card expiry dates are important for businesses so that they are not hindered by carrying liabilities year on year. So, the new rules aim to balance the needs of business with the interests of consumers. There are three main changes in the laws about gift cards that now apply to the whole of Australia: Firstly, gift cards must have a minimum three-year expiry period; Information about
Real Estate Agents - let us deal with the legal side of things so that you can put all of your energy into your business – focusing on sales, retaining and growing your property management portfolios and building your revenue. Here's a list of the top 5 issues we see Real Estate Agents try to handle themselves, taking precious minutes away from their businesses. 1. Contracts and Agreements Ever heard the expression ‘A stitch in time saves nine’? Well, the concept applies to contracts or agreements that seem straightforward. You could talk to us about a fixed price contract review - our lawyers can run their eyes over an agreement before you sign it up, so that we can point out things for you