Artificial intelligence is fundamentally reshaping how we access information and work. The emergence of generative AI has pushed the boundaries of what technology can achieve raising important questions about the potential for artificial intelligence to replace human professionals, including lawyers. In this article, our commercial law team considers the question of whether generative AI can replace us. Read More.
New legislation coming into effect later this year will significantly expand the scope of unfair contract term provisions under the Australian Consumer Law (ACL). These changes, coupled with stronger enforcement measures, will profoundly impact consumers and businesses. This article delves into the current unfair contract term regime, upcoming changes, and their implications. In light of these developments, seeking legal advice and conducting contract reviews become crucial steps for businesses to mitigate the risks associated with the new unfair contract term provisions. Read More.
Price increases in "fixed fee contracts" have become common in today's market, especially in the building and construction sector, where the cost of materials is ever rising, and labour shortages plague the industry. In the recent case of Perera v Bold Properties (QLD) Pty Ltd  QDC 99, the court considered the enforceability and lawfulness of a price escalation clause contained within a Queensland building contract, with the court ruling that the clause in question was void and unenforceable. In this article, our commercial law team explores the background and implications of this case and the key takeaways for consumers and builders. Read More.
With property prices declining due to interest rate hikes, commercial property owners must exercise caution when selling their properties. The Commercial team at Ramsden Lawyers provides valuable insights on what sellers should be aware of to prepare for prospective sale contracts and safeguard their interests during negotiations. Read More.
Testamentary trusts offer substantial benefits and savings for those looking to best provide for their loved ones once they are gone. To learn more about this type of structure and whether it suits you, continue reading. Read More.
Property law in Queensland will soon see landmark changes, with the nearly 50-year-old Property Law Act set to be replaced. To learn more about these changes and what they will mean for you, continue reading. Read More.