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Fumens Lawyers
As you know, in order to support and drive the economy, the Reserve Bank of Australia has lowered the Cash Rate several times. Cash Rate is the interest rate on unsecured overnight loans between banks. The decrease in Cash Rate will cause other interest rates to fall. Although interest rates have fallen, the banks’ requirements...
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Recently the Victorian government formally passed the Sale of Land Amendment Act 2019. The Act has substantial impacts on the sunset clause in off-the-plan Contracts. What is a Sunset Clause Sunset Clause is commonly included in residential off-the-plan contracts. As the development of residential properties encounter multiple uncertain factors, a sunset clause allows both the...
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