Recently passed legislation part of a package of reforms designed to protect Australians superannuation savings from undue erosion by fees and insurance premiums introduces a series of important changes that will create challenging implementation timeframes for funds and administrators ...

In the 2023 Federal Budget, the Government announced that legislation would be enacted to apply the narrow meaning of 'exploration' for PRRT purposes. This will be retrospective legislation as it will apply the narrow meaning of exploration for PRRT purposes with effect from 21 August 2013. ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of March, as well as take a closer look at the AER's review of its Compliance Procedures and Guidelines. ...

The latest issues, decisions and proposed changes impacting business and workplace risk. ...

A US appeals court has now thrown out those Rules in their entirety, finding that the SEC exceeded its statutory authority in adopting the Rules in August 2023 (given it was not empowered under either of provisions it relied upon to adopt the Rules). ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the months of December and January, as well as take a closer look at Reliability Panel's 2022 reliability standard and settings review. ...

In response to the COVID-19 pandemic, ASIC has provided relief reminiscent of the GFC to allow hardship withdrawals from frozen funds.  The COVID-19 version of hardship-relief goes further than its GFC predecessor in many respects. We provide an overview of the issue. ...

The proposed 4th edition of the ASX Corporate Governance Principles amp Recommendations includes substantial changes to Principle 3 Instil the desired culture to focus squarely on social licence to operate with stronger reference to stakeholders beyond shareholders and specific recommendations on ...

ASIC has said it will grant relief to assist responsible entities RE of registered schemes to make changes to their constitutions to qualify for the new attribution managed investment trust or AMIT regime without holding a unitholders meeting Partner Marc Kemp and Law Graduate Antonia Ross review ...

Nature-related risks and opportunities have fast become a hot topic of discussion in Australian boardrooms. Investors have warned that boards and executives need to be upskilled on nature-related risks to be ready for what is to come. ...