Many entrepreneurs who start a small business possess limited knowledge of the Australian legal system and how legal rules and principles shape their daily operations. When undertaking the process to ‘start-up’ and then operate business, it is important for entrepreneurs and their staff to understand how the key features of Australia’s legal system will impact their activities.

In Part B of your report you must:

Identify the key legal changes required by the Uluru Statement from the Heart. Describe the importance of the Uluru Statement in recognising indigenous peoples in the Australian legal system. Evaluate the Constitutional reforms needed to implement the key legal changes in the Uluru Statement.

Describe the key features of the separation of powers doctrine. In your answer you need to also identify the purpose of the doctrine and how it is embedded in the Australian Constitution.

Identify and describe the key features of the common law. Evaluate how the common law can change. In your answer provide one example of a common law that regulates business.