Lawyers Notes
Legal Insights & Resources for Business & Individuals
Welcome to our lawyer’s notes - bite-sized pieces of simple legal know-how, straight from Law Team’s desk.
Getting Paid, Not Chasing Paid: How the Security of Payment Act Actually Works
Chasing unpaid invoices for weeks is exhausting, and often unnecessary. The Security of Payment Act gives NSW builders, subcontractors, and suppliers a fast, statutory pathway to get paid without heading to court. Miss a deadline as the respondent, though, and you could end up liable for the full claimed amount. Here's how it works.
SMSF Residential LRBA Ban: What Happens to Your Off-the-Plan Property Purchase?
Imagine finding the perfect investment property for your Self-Managed Super Fund (SMSF), signing the contract, and eagerly waiting for construction to wrap up. Then, news breaks that the Australian Government has banned limited recourse borrowing arrangements (LRBAs) for residential super investments. If your off-the-plan settlement is still 6 to 12 months away, you are left asking a very natural and stressful question: Is my loan going to fall through before settlement?
Navigating Australia’s New AML Laws: What Real Estate Professionals Need to Know Now
If you run a real estate agency or work across the Australian property sector, you’ve probably heard the buzz about the new anti-money laundering (AML) laws that just kicked in on 1 July 2026. These changes are a massive step forward in protecting our property market, but they also mean a bit of extra homework for you and your team. We want to break down exactly what this means for your day-to-day operations so you can feel completely in control.
Planning Ahead: Why a Will Isn't Enough to Protect Your Future
When you think about estate planning, a Will is usually the very first thing that comes to mind. But here's a reality check that many people miss: a Will does nothing for you while you're alive. It only speaks for you after you've passed away. If an unexpected accident, temporary illness, or sudden injury renders you unable to make your own decisions, a Will cannot intervene.
Payday Superannuation: What Changed in 2026
On 1 July 2026, the Treasury Laws Amendment (Payday Superannuation) Act 2025 fundamentally changed how employers pay superannuation in Australia. This landmark legislation updated the existing Superannuation Guarantee (SG) framework to require you to pay super contributions on each payday, replacing the quarterly payment cycle that many businesses relied on for decades.
Protecting Your Legacy: What You Need to Know About the Latest Testamentary Trust Rules
While the government introduced a 30% minimum tax on certain trusts, discretionary testamentary trusts remain completely exempt. Read our comprehensive estate planning guide to understand the new compliance boundaries, asset protection benefits, and tax-free distribution limits for your beneficiaries.
Protecting Your Family’s Inheritance Under the 2026 Testamentary Trust Changes
Future-proof your family’s inheritance against the proposed 2026 “death tax” on testamentary trusts. This guide explains what the new 30% baseline tax could mean for minor and low‑income beneficiaries, why Testamentary Discretionary Trusts still offer powerful asset protection, and how to keep your estate plan flexible ahead of the 1 July 2028 changes.
Cooling-Off Notice Updates: What's Changing in NSW Residential Contracts This June
In March 2026, the Law Society of New South Wales released an updated Contract for Sale and Purchase of Land, officially superseding the 2022 edition. The most critical shift for real estate professionals involves the updated mandatory cooling-off period notice. While the cooling-off rules remain unchanged, the statutory wording in the contract is changing.
Joint Venture Agreements: How to Protect Your Interests and Maximise Profit in Property Development
Discover how joint venture agreements protect landowners and developers in NSW and QLD, reduce risk, and increase profit in property developments. Learn the must-have clauses and real case studies of success and failure.
Why Every Developer Needs a Development Management Agreement (DMA) to Protect Their Project
Need to protect your development project? Learn why a Development Management Agreement is essential for clarity, risk management and profitability. Understand how it differs from a Joint Venture Agreement and when you might need both.
Why Developers and Builders Need a Will and Estate Plan to Protect Their Business and Family (Even if You're Young and Healthy)
You're running a successful development or construction business. You've got deals in the pipeline, projects underway, and equity tied up in companies and trusts. But have you ever stopped to think: what happens to all of this if something happens to you?
Privacy Act Changes 2025: What NSW & QLD Construction Firms Must Do Now
With the biggest shake-up to Australia’s privacy laws in decades now in force under the Privacy and Other Legislation Amendment Act 2024, the way businesses collect, store, use and disclose personal information has fundamentally changed.
Emerging Laws to Tackle Deepfake AI
In this day and age of rapid technological advancements, deepfake AI is reshaping how we perceive digital content. Deepfake AI can produce highly realistic yet fake images, videos, and audio, which can be useful for creative and educational content; however, when misused, it can cause serious legal and ethical concerns.
Changes to Australia’s Unfair Contract Terms
In November 2023, Australia’s strengthened unfair contract terms (UCTs) laws came into effect with the Treasury Laws Amendment (More Competition, Better Prices) Act 2022. Before this change in law, the risk was that UCTs would be void and unenforceable. However, now UCTs are illegal, and businesses and individuals can face substantial penalties.
Understanding Wills in Australia: The Basics Explained
Just like your home needs a strong foundation, having a legally valid will is the foundational step to protecting your legacy. It is easy to put off making a will, but without one, the government decides how your assets are distributed, not you or the people you care about the most. Secure the future of your loved ones with a legally valid will.
Queensland’s Stamp Duty Exemption (May 2025)
From 1 May 2025, Queensland has introduced a significant change to its property tax system, offering substantial savings for first-time home buyers. This move aims to make homeownership more accessible and reduce the financial barriers for those entering the property market.
Protecting Kids in the Digital Age
With algorithms constantly bombarding us with content, social media has become a challenge for both children and adults. However, many parents, educators, and lawmakers have expressed concerns about the growing risks posed by social media for underage children. As of 10 December 2025, Australia has taken a step towards safer online spaces for children by banning social media for kids under 16, as enforced by the Online Safety Amendment (Social Media Minimum Age) Act 2024.
BNPL Is Changing—Is Your Business Ready?
Australia is moving towards more tightly regulated Buy Now, Pay Later (BNPL) services, bringing them closer in line with traditional credit products such as credit cards. If your business offers or relies on BNPL services, these changes may directly affect your operations and compliance obligations.