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Shaun B.
Shaun B.
Westleigh, NSW
2 Likes
1 Followers

Hi there,

I have been working for the same company for 9 years and have been offered a redundancy package. I’m trying to calculate my entitlements and I’d like to ask if I should do the calculations from the time they made the offer or to my last day which would be in 6 weeks. Do I include a percentage long service leave as an entitlement even though I’m 6 months away from 10 years’ service?

last month
Dan D.
Dan D.
Maidstone, VIC
2 Likes
1 Followers

Hi

Submitted to 'Real Estate' page but also a 'Legal' question:

6 months ago I purchased a house off the plan. I negotiated a 5% deposit but will have to pay the remainder next month.

I recently enquired in the same development for a relative and realised that they are now selling the same property as mine for a significantly lower price, a large financial rebate, many added features thrown in for free and even a $12k gift card. Whilst it is not ideal, I'm considering the opportunity this may present. My question is - what are my legal rights in terms of selling before settlement or forfeiting the contract and then repurchasing in the same development with the new terms? If it is simply a matter of forfeiting my deposit, then I would still be significantly better off. Are there other ramifications which would stop people doing this? I take it they won't simply amend my contract.

Any advice would be much appreciated!
Dan

last month
Matt A.
Matt A.
Williamstown, VIC
3 Likes
1 Followers

I would like to get the opinions of other business owners to how long before a new staff member needs to be working for the business before they become part of the employee share options. We introduced it last year for staff who have been with the business almost from the start 4 years ago but not sure whether new employees should have to wait 1, 2 or 3 years. What do people think?

last month

Hi, I was made redundant on 21 Dec and was expecting the final payout to be provided in the next pay run a fortnight later. The company then went into Voluntary Administration on 24 Dec and all remaining employees were sent a termination letter on that very day.

My question here is, do I stand in the same priority line as the terminated employees when the Administrator disburses any remaining funds? Am I one step down the line because the Administrator is not responsible for me? Or is this something I CAN take up with Fairwork and claim my rights?

last month
Aleisha R.
Aleisha R.
Menai, NSW
3 Likes
0 Followers

We have been researching websites like RateCity and Finder where they saw home loan rates can be as low as 3.44%. Our rate is 3.99% and we contacted our broker and they said because we have only had the loan for a year we shouldn’t refinance. They said we could refinance but it would cost them money if we did and we would have to pay the fees on their behalf. Is this normal for brokers?

2 months ago
Tim S.
Tim S.
Taren Point, NSW
0 Likes
0 Followers

Hi, I would like to ask a question about buying a franchise/licence. The parent company is not calling it a franchise (just a licence) but the agreement looks and feels like a franchise and we have to commit to KPI’s and a 3 year term. If it is just a licence agreement does that mean the parent company is required to pay tax on our behalf or is that our responsibility – thank you?

2 months ago
Do A.
Do A.
Keysborough, VIC
1 Likes
0 Followers

Hi,

I have purchased a property in 2010 and used my first home buyers grant. Now, my partner (never had a property under his name) and I are thinking of buying a apartment as an investment property together. What I would like to know is

1. In future, if my partner can afford to buy a property purely only with his name on the title and use as his primary residence, will he be entitled to the first home buyers grant?

2. What happens if both our name with be on the loan just not both name on the title.

Hope someone can help me out!

Regards,

3 months ago
Fae B.
Fae B.
Reservoir, VIC
1 Likes
0 Followers

Hello everyone. I'm a first homebuyer looking into buying an apartment before this year ends. I have requested a section 32 and contract of sale from the vendors of 2 apartments. I'm more interested with the 2-BR unit and would like to put an offer (although it is below the selling price). Do I need a conveyancer to review both contracts for the 2 apartments, or is it OK to put an informal offer for the first one, and if the vendor agrees, I'd have a conveyancer review the contract before I formally sign it?

3 months ago
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