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FebRecent Court of Appeal Decision highlights the importance of careful contract drafting and ensuring consistency, or at least an understanding, of the difference between the statutory and contractual definitions of “business days”, “calendar days” and “days” The main purpose of the Building Industry Fairness (Security of Payment) Act 2017 (Qld) (BIF Act) pursuant to section 3(1) is […]
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JanThe Australian Accounting Standards Board (AASB), have announced new standards which change the way certain for-profit entities must conduct their reporting. The changes mean that for these affected entities, the previous minimum reporting requirements, being Special Purpose Financial Statements (SPFS), are replaced with General Purpose Financial Statements (GPFS) resulting in significantly more work in order to meet[…]
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FebIf you receive an adjudication decision that may be subject to being set aside for jurisdictional error, do you have to pay? Another recent QLD case Low v MCC Pty Ltd [2018] QSC 006, Jackson J considered, inter alia, an argument that the interlocutory injunction sought – which was to restrain the enforcement of adjudication decisions which[…]
