Practice area

Commercial & Business Law.

Commercial law guidance for owners and directors — contracts, structures, sales and acquisitions, franchising, leasing, business succession and the legal infrastructure of a well-run business.

Featured in this area

All articles in commercial & business law.

How Are Businesses Valued in Australian Family Law Proceedings?

How business valuers determine value in Australian family law property proceedings — fair market value versus value to the owner, future maintainable earnings, capitalisation multiples and rates, normalisation add-backs, goodwill and personal goodwill, minority and marketability discounts, surplus assets and shareholder loans, latent CGT under the Rosati principles, and the single expert process under the Federal Circuit and Family Court of Australia (Family Law) Rules 2021.

37 min readReviewed by JULIAN McINTYRE, Associate
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Personal Guarantees in Australian Commercial Transactions

A practical Australian guide to personal guarantees given by directors, shareholders and family members in commercial transactions — enforceability, unconscionability, independent legal advice, joint and several liability, negotiation points, spouse and family exposure, release and enforcement risk.

21 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Retail Lease Disputes in Victoria

A practical Victorian guide to resolving retail lease disputes — notices of default, rent and outgoings, repairs and maintenance, make good, disclosure disputes, options to renew, VSBC mediation and VCAT or court pathways for landlords and tenants under the Retail Leases Act 2003 (Vic).

9 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Selling a Business in Victoria: A Complete Legal Guide

A vendor-focused Victorian legal guide to selling a business — preparation, confidentiality, buyer due diligence, structuring share vs asset sales, contract, employees, retail lease assignment, warranties and indemnities, GST going-concern, settlement mechanics and post-completion obligations.

16 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Enforcing Post-Employment Restraints of Trade in Australia: An Employer's Guide

A practical Australian guide for employers on enforcing post-employment restraints of trade — legitimate interests, reasonableness, valid implementation, solicitation and dealing, state-law differences, garden leave, confidential information, lawful evidence preservation, interlocutory relief and the September 2026 draft non-compete reforms.

32 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Wage Underpayments, Payroll Audits and Employer Liability in Australia

A practical Australian employer guide to preventing, detecting and remediating wage underpayments — payroll audit methodology, the hierarchy of employment entitlements, civil and accessorial liability, the criminal underpayment offence from 1 January 2025, the Voluntary Small Business Wage Compliance Code, Payday Super from 1 July 2026 and Victorian long-service-leave exposure.

48 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Managing Ill and Injured Employees in Australia: An Employer's Guide

A practical Australian guide for employers on managing ill and injured employees — personal leave, extended absence, current medical evidence, the requirements of the role compared with the employer's preferred method, reasonable adjustments under the Disability Discrimination Act 1992 (Cth) and the Equal Opportunity Act 2010 (Vic), consultation, privacy, Victorian return-to-work obligations, and procedurally fair termination on capacity grounds.

37 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Property Law in Victoria: A Complete Guide

A Parke Lawyers map of Victorian property law — Torrens title, Section 32 disclosure, cooling off, duty and State property taxes, caveats and priority notices, co-ownership under Part IV, easements and covenants, mortgagee sale, adverse possession, owners corporations, leasing, off-the-plan purchases and settlement.

42 min readReviewed by JULIAN McINTYRE, Associate
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How Are Family Trusts Treated in Divorce and Property Settlements?

Definitive Australian guide for spouses, controllers, trustees and third parties on how family trusts are treated in divorce and property settlements — discretionary, fixed, unit, hybrid and testamentary trusts; control, Kennon v Spry, property vs financial resource, disclosure, valuation, evidence, third-party rights, post-separation restructures, Consent Orders and BFAs, tax and stamp duty interaction, and coordination with estate planning.

38 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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First Home Buyers in Victoria: A Complete Legal Guide

Definitive Victorian guide for first home buyers — finance pre-approval, deposits and contracts, Section 32 disclosure, building and pest inspections, auctions versus private sales, cooling-off rights, stamp duty concessions, the First Home Owner Grant, off-the-plan, settlement, insurance, common mistakes and when to get legal advice.

32 min readReviewed by JULIAN McINTYRE, Associate
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Heads of Agreement vs Letter of Intent in Australia: Key Legal Differences

Definitive Australian guide to heads of agreement, letters of intent, memoranda of understanding and term sheets — Masters v Cameron, subject-to-contract wording, exclusivity, confidentiality, deposits, due diligence and finance conditions, and use in business sales, share and asset sales, commercial property, franchising and joint ventures.

33 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Representations, Warranties and Indemnities in Australian Commercial Contracts: A Complete Guide

How representations, warranties and indemnities work in Australian commercial contracts — the causes of action each engages, misrepresentation and section 18, warranty drafting, knowledge and materiality qualifiers, disclosure, indemnity construction, damages and consequential loss, caps, baskets and survival, limitation periods, consumer guarantees, unfair contract terms, MAC clauses, W&I insurance and the tax and GST treatment of payments.

36 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Business Due Diligence in Australia: A Complete Legal Guide

Buyer's guide to Australian business due diligence — how scope, materiality and reporting are agreed, confidentiality and data-room governance, what ASIC, PPSR, court and title searches can and cannot establish, corporate, financial and tax workstreams, employees and contractors, IP, privacy and cyber, regulatory, safety and environmental review, and how findings become price, warranty, indemnity, condition and completion terms on share and asset sales.

46 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Tax and Capital Gains Tax in Divorce and Property Settlements

Authoritative Australian guide to tax and capital gains tax in divorce and property settlements — marriage-breakdown CGT rollover under Subdivision 126-A, the main-residence exemption, investment property, latent tax, sale versus transfer, state transfer duty, shares, private companies, Division 7A, trusts, SMSFs, superannuation splitting, GST, overseas assets, cryptocurrency, Consent Orders, Binding Financial Agreements, indemnities and tax-aware drafting and implementation.

22 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Building and Pest Inspections in Victoria: A Complete Legal Guide

Definitive Victorian legal guide to building and pest inspections for residential property purchasers — why inspections matter, what inspectors do, typical structural, pest, moisture and illegal-works defects, auction and cooling-off timing, finance interaction, negotiating after an adverse report, vendor disclosure, new versus established homes, commercial inspections and a practical checklist.

26 min readReviewed by JULIAN McINTYRE, Associate
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How Are Assets Valued in Divorce and Property Settlements?

Authoritative Australian guide to how assets are valued in divorce and family-law property settlements — valuation date, single experts, instructions, the family home, investment and specialised property, businesses, professional practices, companies, trusts, partnerships, shares, superannuation, SMSFs, cryptocurrency, overseas assets, latent tax and transaction costs, double counting, disclosure, Consent Orders and Binding Financial Agreements.

11 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Buying Plant and Equipment in Australia: A Complete Legal Guide

Cornerstone Australian guide to buying plant and equipment — new vs used, asset vs share purchase, PPSR, finance leases, chattel mortgages, hire purchase, retention of title, warranties, due diligence, delivery, risk, insurance, installation, training, maintenance, IP in embedded software, imported equipment, OHS, Australian Standards, product liability, default, repossession, limitation of liability and dispute resolution.

16 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Estate Tax in Australia: A Guide for Executors

Pillar Australian guide to deceased estate taxation for executors, administrators, beneficiaries, accountants and financial advisers — the deceased's final affairs and final return, estate tax file numbers and trust returns, estate income and deductions, present entitlement and IT 2622, sections 97, 98, 99 and 99A ITAA 1936, Division 128 capital gains tax and the deceased's dwelling, superannuation, state duty and land tax, executor exposure under section 254 and Subdivision 260-E, testamentary trusts, distributions, record keeping and a staged executor tax checklist.

61 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Urgent Injunctions in Victoria: When Court Orders Are Needed Quickly

When assets, confidential information or transactions are at imminent risk, an urgent injunction may be an important remedy. A plain-English Victorian guide to interim and final injunctions, ex parte applications, the integrated serious-question and balance-of-convenience approach under ABC v O'Neill, the undertaking as to damages, and costs and contempt considerations.

17 min readReviewed by JULIAN McINTYRE, Associate
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Redundancy in Australia: Genuine Redundancy, Consultation and Employer Risk

A practical Australian guide for employers on redundancy — what makes a redundancy 'genuine' under section 389, consultation obligations under modern awards and enterprise agreements, redeployment, selection criteria, redundancy pay and notice, sham redundancy and the interaction with unfair dismissal and general protections claims.

23 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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PEXA and Electronic Conveyancing in Victoria Explained

Definitive Victorian legal guide to PEXA and electronic conveyancing — how electronic settlement works, workspaces, verification of identity, client authorisation forms, financial settlement, lodgement and registration, refinancing, executor settlements, commercial transactions, cybersecurity, digital signatures and the practical settlement workflow.

24 min readReviewed by JULIAN McINTYRE, Associate
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Employee or Contractor? The Risks of Getting It Wrong

An Australian guide for employers on the employee versus contractor distinction — the Fair Work Act whole-of-relationship test from 26 August 2024, where the contract-focused High Court approach still matters, and the separate superannuation (including Payday Super from 1 July 2026), PAYG, payroll tax, WorkCover and sham contracting consequences of getting classification wrong.

43 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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What Happens to a Family Trust When the Appointor Dies?

A practical Australian guide for business owners, family groups, trustees, appointors, executors and advisers on what happens to a family trust when the appointor dies — the appointor role, succession clauses in trust deeds, the executor's involvement, control of family businesses after death, asset protection, taxation considerations and common mistakes.

21 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Buying Commercial Property in Victoria

A purchaser's roadmap to buying commercial property in Victoria — entity and contract decisions, Section 32 review, title, planning, building, contamination and lease due diligence, GST and going concern, duty and CIPT, land tax and windfall gains tax, foreign investment and withholding, finance and settlement.

31 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Lost Share Certificates in Deceased Estates

A practical Australian guide for executors, administrators and beneficiaries on lost or missing share certificates in deceased estates — CHESS vs issuer-sponsored holdings, HINs and SRNs, locating share records after death, transmission applications, replacement certificate processes with Computershare, MUFG Corporate Markets and Boardroom, and how to resolve missing share records.

12 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Private Company Shares in Deceased Estates

A practical Australian guide for executors, beneficiaries, directors, shareholders, accountants and advisers on private company shares in deceased estates — how they differ from listed shares, transmission to the legal personal representative, the role of the company constitution and shareholder agreement, valuation, control issues, sole director risk, dividends, tax and disputes.

10 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Can an Executor Distribute an Estate Before Tax Is Finalised?

A practical Australian guide for executors, beneficiaries, accountants and advisers on whether an executor can distribute a deceased estate before tax is finalised — the difference between authority and readiness, the deceased's final return, estate income tax returns, CGT, super death benefit issues, ATO assessments, interim and final distributions, beneficiary indemnities, retention amounts, executor personal liability, over-distribution risks and how to manage beneficiary pressure.

32 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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When Does a Deceased Estate End for Tax Purposes?

A practical Australian guide for executors, beneficiaries, accountants and advisers on when a deceased estate ends for income tax purposes — the difference between estate administration continuing and an estate being fully administered for tax, present entitlement, the administration period, partly and fully administered estates, ATO guidance, CGT, testamentary trusts, delays, ongoing litigation, rental properties and share portfolios, and the executor mistakes we see most often.

12 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Dividend Reinvestment Plans and Deceased Estates: The Hidden Capital Gains Tax Trap

A practical Australian guide for executors, beneficiaries, accountants and advisers on dividend reinvestment plans (DRPs) in deceased estates — how DRPs operate after death, Division 128 rollover, why rollover relief does not apply to post-death DRP shares, cost base consequences, CGT on transfers to beneficiaries and on sales by executors, estate income tax returns, record keeping and the executor mistakes we see most often.

25 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Capital Gains Tax in Deceased Estates: Common Executor Mistakes

A practical Australian guide for executors, beneficiaries, accountants and advisers on capital gains tax in deceased estates — Division 128 rollover, the main residence exemption, investment property, shares and post-death DRP units, in specie transfers, testamentary trusts, cost base record keeping and the executor mistakes we see most often.

29 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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When Is an Estate Income Tax Return Required?

A practical Australian guide for executors, beneficiaries and accountants on when a deceased estate must lodge an income tax return, when one is not required, how the estate return differs from the deceased's final personal return, estate TFNs, executor obligations, common mistakes and penalty risks.

20 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Who Pays Tax on Estate Income in Australia?

A practical Australian guide for executors, beneficiaries, accountants and family members on who pays tax on estate income during administration — the administration period, executor obligations, beneficiaries presently entitled, trustee assessment, interest, dividends, rent, capital gains and testamentary trusts.

12 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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What Happens to a Company When a Director or Shareholder Dies?

A practical Australian guide for executors, surviving directors, shareholders, accountants and family business owners on what happens to a company when a director or shareholder dies — ASIC, transmission of shares, sole director companies, replacement directors, the company constitution, shareholders agreements, buy/sell agreements and estate administration.

23 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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Taxation of Testamentary Trusts Explained

A practical Australian guide for will-makers, executors, trustees, beneficiaries, accountants and advisers on the taxation of testamentary trusts — present entitlement, excepted trust income for minors, streaming franked dividends and capital gains, sections 99 and 99A, TFNs, trust tax returns, anti-avoidance limits and common trustee mistakes.

34 min readReviewed by JIM PARKE, Lawyer & Chartered Accountant
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