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Impact of COVID-19 on superannuation
Insight 25 Mar 2020

Like all industries, the superannuation industry is facing some immense challenges in light of the rapidly developing COVID-19 pandemic. This Insight considers some of the more topical issues the industry is facing ...

In Touch: ACCC's 2020 enforcement priorities; Vodafone/TPG merger to proceed; and ACCC to investigate digital advertising
Insight 09 Mar 2020

The ACCC releases its enforcement priorities for 2020; the Federal Court clears a merger between Vodafone Hutchison Australia and TPG Telecom; ACCC starts an inquiry into the supply of digital advertising technology and agency services; ACCC consults on divestment undertaking in CUB / Asahi deal; Weldclass' RPM notification raises ACCC concerns; and two proposed mergers in the paper industries receive the regulator's blessing. ...

Two safe harbours for the storm of COVID-19
Insight 24 Mar 2020

The COVID Safe Harbour will provide useful immediate relief for companies and their directors, particularly those who need time to assess the company's position before developing a turnaround plan or pursuing an insolvency administration if that becomes necessary. ...

Allens视界– 新冠病毒(COVID-19)促使FIRB体制发生重大变化
Insight 01 Apr 2020

2020年3月29日,澳大利亚联邦政府财政部长宣布对澳大利亚的外国投资审查批准(FIRB)体制进行重大修改,以应对由新型冠状病毒(COVID-19)爆发引起的风险。这些修改虽然是暂时的,但大幅度地扩展了需要获得FIRB批准的交易范围,并大大延长了FIRB申请的审查期限。 ...

Continuous disclosure during COVID-19: shining the spotlight on earnings and debt
Insight 06 Apr 2020

In its latest compliance update, ASX reiterated that entities in financial difficulty (including with respect to their debt arrangements) will receive no special treatment. On earnings guidance, it was acknowledged that many listed entities have taken the opportunity to withdraw guidance issued before the outbreak of COVID-19. ASX also strongly encouraged entities to review their published guidance in light of COVID-19 and to either update it if it was not current or withdraw it in this highly uncertain climate. ...

Joint ASIC and APRA letter to superannuation trustees, on the impact of COVID-19
Insight 02 Apr 2020

ASIC and APRA have written to all RSE licensees, reminding trustees of their continuing obligations, in light of COVID-19. ...

Toksave – PNG regulatory update: Covid-19 and state of emergency in PNG; Income Tax Act rewrite; Kumul submarine cable network and other developments
Insight 02 Apr 2020

First case of Covid-19 and state of emergency announced in PNG; significant proposed changes to Income Tax Act; Phase 2 of Kumul submarine cable network project initiated; and new tariffs and service standards for ports. ...

Conducting a consumer-facing business biggest indicator of class action risk
News 05 Mar 2020

According to the report, more than 40% of the class actions filed in 2019 were filed on behalf of consumers. This result is a change from recent years in which being an ASX-listed company was the ...

Allens advises syndicate of lenders to gold miner Resolute on US$300m debt refinancing
News 26 Mar 2020

The facility will be used to repay the US$63 million secured project loan facility from Taurus Funds Management Limited, which funded the initial construction of the Mako Gold Mine in Senegal and ...

Allens advises LOGOS Group on acquisition by ARA Asset Management
News 09 Mar 2020

The deal combines ARA’s global fund management capabilities with LOGOS’ extensive logistics, property and development expertise to create a leading investment management platform in the Asia region ...

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