Category Commercial Law

The Only Way Out Was In — When Every Road Under a Put and Call Option Looks Bad

This article was written by Nancy Wang Principal Solicitor at W & G Lawyers.

Picture the moment. You hold a call option over a development site. The deposit, a substantial sum, was paid to the owner months ago and the deed says it is non-refundable unless the owner is in breach. The option expires in a matter of days. During the option period a government proposal has surfaced that may take a strip of the frontage, and with it the viability of the project. Nobody has breached anything. The owner is sympathetic, and the owner has your money.

You are standing at a crossroads where every road appears to lead somewhere you do not want to go. This article is about that crossroads, and about the counter-intuitive road that a buyer took in a 2024 Supreme Court of Queensland decision to recover a $275,000 deposit. The buyer did not step back from the deal. It stepped further in.

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When Household Budgets Tighten — What the Latest CommBank Spending Data May Mean for Queensland Homeowners

This article was written by Nancy Wang Principal Solicitor at W & G Lawyers.

Each month the Commonwealth Bank publishes its Household Spending Insights report, built from the de-identified transactions of around seven million of its customers, roughly 30 per cent of all consumer transactions in Australia. The August 2026 edition, released on 22 September 2026, paints a picture that many Queensland families will recognise. Spending is still growing, but only just, and the growth that remains is going on the things you cannot avoid rather than the things you enjoy.

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