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Trust vs Company – What’s best for commercial property investment
When considering commercial property investment, investors often ask what’s the difference between owning property through a Trust, as opposed to a company? And what are the tax implications for both? Commercial Property Investment Through a Trust Let’s start with Trusts. By putting your assets into a Trust, you don’t own them in your name. The...
Top 5 Mistakes Made when Buying a Business
Buying a business can be an exciting opportunity – the chance to be your own boss, do work you enjoy and build something successful. However, buying an established business also involves financial, commercial and legal risks. Failing to properly investigate what you are purchasing can create problems long after the transaction is complete. If you...
Non-disclosure and Misrepresentation – Obligations for Sellers
When selling property in Queensland, there are several legal obligations you must abide by. And for buyers, it’s important to know what you’re entitled to from the seller, and to know the difference between non-disclosure and misrepresentation. Non-disclosure is when a seller fails to give important information that could influence someone’s decision to...
GLG Legal advises Austral Resources Australia Ltd on Restructuring,...
Following their reinstatement to trading on the Australian Securities Exchange in November 2025, Austral Resources Australia Limited experienced financial and operational transformations with the legal advice from GLG Legal. The corporate advisory team, led by Managing Director Michael Hansel and supported by Practice Leader Roland Leong and Graduate Solicitor Josiah Hall, was engaged to provide...
Top 5 Mistakes made when Selling a Business
Selling your business is a big decision. Whether you’re planning to retire, return to working for someone else, or pursue your next business idea. Here are the top five common mistakes to avoid when selling a small business: 1. Overlooking due diligence – Due diligence is a critical process for the buyer and the...
Buying Off-Market – Risks and due diligence
Off-market property acquisitions in Queensland can indeed offer benefits such as privacy and reduced competition. However, they also come with significant risks that buyers should carefully consider. In August 2025, the Queensland Government introduced a mandatory seller disclosure scheme under the Property Law Act 2023. This scheme applies to both on-market and off-market property...
Paying duty when buying a business
Buying a business in Queensland comes with several costs, and one of those costs is duty. It’s an issue that’s often overlooked, and if you’re a buyer from interstate, duty costs on business sales can come as a bit of a shock. New South Wales currently has nominal duty costs, and Victoria has none....
Selling your café in Brisbane: tips for a successful business sale
Selling a café in Brisbane requires more than simply listing the business on the market. Owners should prepare financial records, organise legal documents, maintain strong business performance and present the café professionally to potential buyers. With the right preparation and professional advice, café owners can improve their chances of achieving a smooth sale and securing...
The do’s and don’ts of commercial lease agreements
Commercial leases contain important terms that define the rights and responsibilities of both landlords and tenants. Understanding clauses such as subletting, rent review and break clauses can help businesses avoid disputes and manage lease obligations more effectively. When negotiating a commercial lease, it is important to understand the essential terms that should appear in the...
Top 5 Ways to Mitigate Legal Risk for Your Company
Running any kind of business, large or small, comes with risk and it’s important you know the right strategies to keep that risk level to a minimum. Here are our top five ways to mitigate legal risks for your business: 1. Contract management – firstly, you should only sign contracts you genuinely understand. Also,...
What to do when a business partnership turns sour
There’s nothing better than a harmonious business partnership, and unfortunately, few things can be worse if that relationship turns sour. To avoid disputes, it’s crucial that every member of the partnership understands their responsibilities and what to do if disputes arise. Disagreements in business can happen for a few reasons, including: Profit...
Buying Australian property and business from overseas
Australia has strict rules and regulations about foreign investment. The Australian government classifies you as a foreign person if you intend to buy residential or commercial property in this country if you are not: A citizen of Australia A permanent resident of Australia A New Zealand citizen with a special category visa A permanent resident...