This question comes up quite a lot in business sales. The buyer and seller often reach an agreement between themselves that an employee with accrued long service leave will be paid out at settlement. The aim is to start with a clean slate for the buyer when continuing the employment of that employee. Caution: It is only possible to cash out long service leave if the applicable employment award allows it. Worst case scenario: the employee has their long service leave paid ou...

I think one of the biggest lessons to learn from 2019's Ultra Tune case  is not to be an ar$3. Ultra Tune could have avoided the ACCC going through them like a fox in a hen house if they had refunded the $33,000 they were legally obliged to refund to a potential franchisee. This is a truly rollicking story of what not to do as a franchisor.  It is a story of heavy handed conduct, why you shouldn't lie in evidence, why you should try to make your story at least a l...