From www.khq.com.au: The Family Law Amendment Act 2024 introduces significant changes to property settlements in Australia, effective from June 10, 2025, particularly emphasizing the impact of family violence and economic abuse in these determinations.

Key updates include the requirement for courts to consider family violence in property division, heightened financial disclosure obligations, and provisions for the ownership of family pets post-separation.

The amendments aim to streamline the family law process and ensure a fairer outcome for those affected by family violence, although they do not apply retroactively.

Filed under: SME & Family Business