2461-2470 of 4474 results
Allens advises Vicinity Centres on $1.4 billion capital raising
The capital raising comprises a fully underwritten $1.2 billion placement and a securities purchase plan targeting to raise up to $200 million, and the proceeds will be used to reduce debt and ...
Retail banking and responsible lending during COVID-19
The sudden and unknown nature of COVID-19 has triggered a global economic shock, and disrupted Australia's economy. As we enter a national state of economic 'hibernation', banks and lenders are grappling with a sudden influx of relief requests from consumer and business customers. ...
Arbitration agreements – don’t play chicken with imprecise drafting
The decision in Inghams Enterprises Pty Ltd v Hannigan [2020] NSWCA 82 found that a dispute was improperly referred to arbitration because the claim for unliquidated damages was not a dispute that fell within the scope of the arbitration agreement. This decision highlights the importance of precise drafting for all dispute resolution clauses. ...
Targeting net zero: a climate change guide
Even in a COVID-19 affected world, climate change remains a material consideration for most businesses. The challenge of reaching net zero by 2050, in particular, will increasingly demand the attention of in house legal and compliance teams. ...
In search of consistency: state schemes and policies
State and territory governments are increasingly willing to take action separate to the Federal Government to address climate change through state schemes, policies and, in some cases, legislation. This represents a change in approach at the state and territory level over the past decade, as climate ...
Full Federal Court dismisses ACCC appeal against Pacific National rail merger ruling
The Full Federal Court has dismissed the ACCC's appeal against Aurizon's proposed sale of the Acacia Ridge rail terminal to Pacific National. The ACCC is using this outcome to advocate for merger law reforms. ...
Good practice for exchange traded products: ASIC updates INFO 230 'Exchange traded products: Admission guidelines'
On 15 April 2020, the Australian Securities and Investments Commission (ASIC) released updated INFO 230 Exchange traded products: Admission guidelines (INFO 230) which outlines ASIC's view of good practices to help ensure that admission and monitoring standards for exchange traded products (ETPs) continue to support fair, orderly and transparent markets. ...
OAIC's landmark case against Facebook to have major implications on Privacy Act
As Privacy Awareness Week this year called for individuals to #rebootyourprivacy and debate continues over the privacy protections for the COVIDSafe application, another step has been taken in the Australian Information Commissioner's (Commissioner) landmark case against Facebook, Inc and Facebook Ireland Ltd (together, Facebook) which will have major implications for the Privacy Act 1988 (Cth) (Privacy Act) and digital businesses operating from offshore entities. ...
RBA expands repo eligibility to include corporate bonds
The RBA has announced changes aimed at kick-starting demand for corporate bonds in the COVID-19 environment. To take advantage of the RBA's support, corporate treasurers and their financial advisers should consider applying to have their securities eligible for purchase by the RBA, bearing in mind the eligibility criteria we have summarised in this note. ...
Transforming the WA energy market
In WA, the development of distributed energy resources (DER) technologies and new business models that weren’t contemplated by the current regulatory regime can pose safety and security issues to the South West Interconnected System. The WA Government has addressed these and other issues through various work streams delivered (and anticipated) in 2020, paving the way for a new-look energy future. ...