2251-2260 of 2658 results
2020 employment law highlights
This article highlights the three particularly significant cases that have informed some of the major industrial law reforms proposed by the Government in December 2020, incl: Rossato, Mondelez and Qantas stand downs. ...
International Arbitration: Spain's claim for sovereign immunity rejected?
The Full Court of the Federal Court has held that foreign sovereign immunity did not apply to prevent parties from seeking recognition of an arbitral award against Spain. We examine Kingdom of Spain v Infrastructure Services Luxembourg S.Ã .r.l. and its implications. ...
National energy laws: higher penalties and stronger powers
New laws came into effect from 29 January 2021 which significantly increase the penalties payable for breaches of Australia's electricity, gas and energy retail laws. They also provide the Australian Energy Regulator (AER) with stronger powers when investigating and enforcing contraventions. ...
Final report from the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into litigation funding and the regulation of the class action industry
The Parliamentary Joint Committee on Corporations and Financial Services (the Committee) has completed its inquiry into litigation funding and the regulation of the class action industry and released its much-anticipated final report earlier this week. ...
Government introduces the Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020
The Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 aims to implement the Hayne Royal Commission recommendations in relation to changes to ongoing advice fee arrangements, superannuation trustees passing on advice fees and requiring AFSL holders or authorised representatives (providing entity) to disclose a lack of independence when providing personal advice to retail clients. ...
Proposed changes to Credit Risk Management Prudential Standard (APS220)
In the absence of the Responsible Lending Obligations, lending by Australian banks will be regulated by APRA. This means the new Credit Risk Management Prudential Standard (APS220) will be the central legislative guidance in designing consumer assessment and lending protocols. ...
Changes to Regulatory Guide 256
ASIC has released a first-round consultation paper on proposed changes to Regulatory Guide 256: Client Review and Remediation Conducted by Advice Licensees. The proposed changes are substantial, and will apply to new entities including super fund trustees. ...
Industrial relations reform bill introduced by Federal Government
The Federal Government introduced the Fair Work Amendment (Supporting Australia's Jobs and Economic Recovery) Bill 2020 into Parliament. This omnibus Bill aims to reform five areas of industrial relations which have been the focus of the IR reform roundtables held by the Government. ...
Court calls last drinks on URBAN ALE trade mark
Is URBAN ALE a distinctive trade mark? Would you consider the words URBAN PALE (displayed prominently on your stubby) to merely describe the type of beer? Are inner-city breweries 'cool', 'trendy' and ...
National Electricity and Gas rules update: November 2020
In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of November, as well as take a closer look at the latest ring-fencing issues paper published by the AER. ...