The new Pay Scale raises many uncertainties that are yet to be fully tested. If you are considering engaging an employee on a commission
only arrangement, you should give serious consideration to the employee's ability to reach the sufficient income threshold.

VCAT decision has consequences not intended by the Retail Leases Act.

Most real estate sold in Victoria is sold without any warranties or guarantees being given regarding faults in buildings on the land. Why t
hen do most people buy real estate without having the building properly inspected before they buy?

Under the new Act, any lot owner or occupier (including former owners and occupiers), the manager, an insurer and even a mortgagee can seek to have the Owners Corporation's rules enforced.

A bank guarantee is an agreement by a bank to pay to a named beneficiary a predetermined amount of money on demand by that
beneficiary.

Property developers typically have full control of an Owners Corporation (the new name for a body corporate) before they sell lots in a development. That’s a lot of power.