2351-2360 of 2689 results
Act fast, act well: Federal Court decision reinforces the importance of robust compliance programs for banks and other financial services licensees
Chief Justice Allsop of the Federal Court recently imposed on a bank, by consent of ASIC and the bank, civil penalties totalling $10 million for unconscionable conduct in carrying out an inadequate customer remediation process. It highlights the importance of banks and other financial services licensees having in place robust compliance programs and taking prompt and comprehensive action where possible non-compliance is identified. ...
Yes, government should fast-track infrastructure spending. But wisely.
There is no question that more public spending and job creation will help, but how that money is spent, where and on what type of projects should be carefully scrutinised. Our latest research unpacks the issues. ...
Privacy Act Review – what you need to know
We consider the key implications arising from the Attorney-General's long-awaited review of the Privacy Act - a key part of the Government's response to the ACCC's Digital Platforms Inquiry. The review seeks to strengthen privacy protections for individuals and streamline compliance for businesses working across international borders. ...
WA Court of Appeal determines meaning of 'feasibility study' in the context of a joint venture agreement
In the recent decision of Pilbara Iron Ore Pty Ltd v Ammon [2020] WASCA 92, the WA Court of Appeal considered a farm-in agreement where one party had to pay for a 'feasibility study' in order to acquire an interest in a mining tenement. The primary question for the Court of Appeal was whether the feasibility study had to be 'bankable' or if it could be of a lower standard. ...
Changes ongoing for product liability and compliance during COVID-19
Amidst increased scrutiny by the Therapeutic Goods Administration and the ACCC, Australian businesses which manufacture personal protective equipment (PPE), detergents and hand sanitiser must remain on top of changes to product laws in the healthcare space in order to avoid potential liability. ...
Changes to the JobKeeper scheme
The JobKeeper scheme will be modified, and extended from 28 September 2020 until 30 March 2021. ...
JobKeeper enabling directions – a focus on 'reasonableness'
In a recent decision of the Fair Work Commission (the FWC), an employer has been chastised for unreasonably directing an employee to work only 60% of their pre-COVID hours. ...
No 'ordinary and customary turnover in labour' where there is a reasonable expectation of ongoing work
An employee's reasonable expectation of continued employment is relevant to determining whether the termination was 'due to the ordinary and customary turnover of labour' for the purpose of exemption from statutory redundancy entitlements. ...
Redundancy unfair after employer fails to consult
The Fair Work Commission (the FWC) has found a failure to consult meant an employee who was made redundant missed out on receiving the JobKeeper wage subsidy, which could have kept her working for longer. Her dismissal was therefore unfair. ...
Australia rebranded? A new logo in tough times for trade and travel
Australia's new 'wattle' logo is intended to represent Australia in the international trade arena. Detailed arrangements governing its use are still to come. Stay alert for details of forthcoming governance arrangements which will define the circumstances in which the new logo can be applied. ...