In today’s digital age, social media has become integral to people’s daily lives. Everything can be posted online with minimum restrictions, from meals to travel experiences and personal milestones to intimate moments. While this openness allows for increased...
The growing reliance on the “Bank of Mum and Dad” to help children enter the property market is becoming more common due to high property prices. The term refers to financial support provided by parents or grandparents to younger family members, usually to...
Australia has a no-fault system regarding divorce, meaning that there are no reasons required to be argued to obtain a divorce. Likewise, adultery/infidelity unlike other countries around the world may not affect the property division of matrimonial assets in...
What are Court Orders? Court orders are legally binding directives issued by a court. These orders must be complied with by the parties involved. The failure to comply can result in disciplinary action, including penalties or sanctions. In the context of Family Law,...
In Australia, a prenuptial agreement, is one type of a “Binding Financial Agreement” (BFA), pursuant to section 90B of the Family Law Act 1975. These agreements enable couples to protect specific assets brought into the relationship, ensuring they retain...
Superannuation Simply defined, superannuation is an enforced form of saving, so that the working members of the community can financially save funds to support themselves when they grow older. Types of superannuation Defined benefit interest: Within a defined benefit...
