GALLO & GALLO-SEMMENS

This matter concerned an application for final property orders between a husband and wife. The dispute centred on the division of property available for distribution, with the court considering the parties' initial contributions and the wife's greater future needs.

The court was required to determine the just and equitable division of the parties' property. This involved assessing the contributions made by each party to the marriage, both financially and non-financially, and considering the future needs of each party, particularly in relation to financial circumstances, parenting responsibilities, and age.

In reaching its decision, the court applied the principles of the *Family Law Act 1975* (Cth), balancing the parties' contributions against their future needs to achieve a just and equitable outcome. The court ordered the husband to pay the wife $200,000 within 60 days, in exchange for the wife relinquishing her interest in two properties. The orders also stipulated terms for the sale of one property in the event of default, and outlined the parties' responsibilities regarding the properties and other assets pending the payment.