3401-3410 of 4390 results
The year to come for Australia's Anti-Money Laundering and Counter-Terrorism Financing regime
Having recently acquired a new CEO and a significant funding boost AUSTRAC is being closely watched by reporting entities for an indication of its future direction and priorities both at the policy and the enforcement level In light of this and with major review reports pending 2015 promises to be a ...
Federal Government passes wide-ranging data retention laws
Telecommunications and internet service providers will incur significant new compliance costs under the Federal Government's controversial new data retention laws. ...
Will Australia serve up a Chilean-style super system?
The Financial System Inquirys final report was blunt in its assessment of the current state of Australias super system noting that the superannuation system is not operationally efficient due to a lack of strong price-based competition The Inquirys concern with super fees and costs led to one of the ...
Indirect costs - where to from here for superannuation trustees?
As many in the superannuation and managed investments industries are well aware there has been a number of significant changes to the manner in which indirect costs will need to be calculated and disclosed in PDSs that are on issue after 1 January 2016 While parts of the industry are continuing to ...
What do smoked fish have to do with retirement incomes?
The final report of the Financial System Inquiry recommended that APRA-regulated superannuation trustees be required to offer a comprehensive income product for retirement This rather modest recommendation in the final report stands in stark contrast to the retirement phase policy options canvassed ...
Revisions to FIRB Guidance Note 23: clarity for foreign government investors
Recent reforms to the Foreign Acquisitions and Takeovers Act 1975 Cth introduced new provisions that deem foreign government investors of the same country to be associates of each other These provisions have created practical difficulties for foreign government investors who risk unintentionally ...
Access regulation application sinks at the Newcastle shipping channel
The acting Federal Treasurer has made a determination under Australias national access regime to not declare access to the Newcastle shipping channel The decision is a reminder of the limits of the national access regime in challenging the pricing of infrastructure owners Partner John Hedge and ...
Court refuses to approve class action settlement
In a recent Federal Court decision Justice Murphy refused to approve the settlement agreement between the parties to the Willmott class action finding that the terms of the settlement were not fair and reasonable ...
The ACCC will be watching you pass on the bucks
The ACCC has been given powers to monitor and enforce compliance with new laws prohibiting merchants from charging excessive payment surcharges Partner Carolyn Oddie Associate Theodore Souris and Lawyer Emma Gorrie report ...
Queensland resource legislation is 'back to the future'
The Queensland Government is continuing its review of mineral and energy resource legislative reforms with proposed amendments currently before Parliament many of which undo earlier proposed reforms Partner Ben Zillmann Senior Associate Giselle Kilvert and Associate Andrea Moffatt consider the ...