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International tax treaties aim to avoid double taxation and prevent tax evasion on income and assets that cross borders between treaty countries.;Australia has tax treaties with many countries, providing mechanisms for resolving tax disputes and allocating taxing rights.

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Product safety regulations in Australia require businesses to ensure products meet safety standards and to conduct recalls if products are found to be unsafe.;The ACCC oversees product recalls and provides guidelines for businesses to follow in order to protect consumers from unsafe products.

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The Telecommunications (Interception and Access) Act 1979 mandates data retention for certain telecommunications data for a minimum of two years.;Businesses must ensure compliance with data retention requirements to assist law enforcement and national security investigations.

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Defaulting on a mortgage in Australia can lead to the lender taking legal action to repossess and sell the property to recover the debt.;Borrowers may also face a negative impact on their credit rating, making it more difficult to obtain credit in the future.

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Arbitration can resolve commercial disputes, employment conflicts, and international trade issues.;It is also used in construction disputes and consumer matters.

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The use, storage, and disposal of hazardous materials and chemicals in Australia are regulated by laws such as the Hazardous Substances Information System (HSIS) and state-specific legislation.;These regulations ensure that hazardous materials are managed safely to protect human health and the environment, with strict penalties for non-compliance.

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Australian law mandates reasonable accommodations for individuals with disabilities.;These protections are designed to ensure equal access to opportunities and services.

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A bankruptcy trustee is responsible for managing your bankruptcy, including selling assets and distributing proceeds to creditors.;The trustee also investigates your financial affairs and ensures compliance with bankruptcy laws.

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Bankruptcy applies to individuals, while liquidation is the process of winding up a company's affairs.;Both processes involve selling assets to pay creditors, but the legal implications and procedures differ.

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Small businesses must register for an ABN and possibly GST, and they need to comply with payroll tax and superannuation requirements.;Income tax returns must be filed annually, and businesses should keep accurate financial records for compliance.