1091-1100 of 4382 results
Product rationalisation - again
The FSI report recommended that the Government facilitate rationalisation of legacy products in the life insurance and managed investment scheme industries The need for ways to close legacy products has been kicking around for at least a decade and in 2007 Treasury released a very thorough options ...
A new era of environmental governance: national agencies and tougher penalties
Following announcements in April about next steps in the Federal Government's 'Nature Positive' reforms (see our previous Insight here), three Bills have been tabled in Parliament to implement Stage 2 of the three stages of amendments to the Environment Protection and Biodiversity Conservation Act 1 ...
Allens advises QIC on investment to build world's first quantum computer in Brisbane
The investment, to be managed by QIC on behalf of the Queensland Government, will see PsiQuantum secure its Asia-Pacific headquarters in Brisbane, supporting Australia's manufacturing and productio ...
Victorian stamp duty for industrial and commercial properties transitions to annual tax from 1 July 2024
From 1 July 2024, under the Commercial and Industrial Property Tax Reform Act 2024 (Vic) (the Act), which seeks to implement 'transformational' tax reform for commercial and industrial property, such property will be subject to stamp duty for a final time when it is next sold or otherwise transacted ...
ASIC continues to prioritise compliance with financial hardship obligations
Lenders need to respond effectively to hardship notices. ASIC reviewed ten large home loan lenders to understand how they are supporting customers experiencing financial hardship. ...
Allens advises Penten on investment from Five V Capital
Five V Capital, an Australian private equity firm, will invest $50 million into the tech business, taking a significant minority interest. Penten is expected to use part of the proceeds to support ...
ACCC's 2021 product safety priorities
The ACCC announced its Product Safety Priorities for 2021, including: Button batteries, Quad bikes, Toppling furniture and infant sleeping products, and E-commerce and the Australian Product Safety Pledge. ...
ASIC issues hardship withdrawal relief to responsible entities
In response to the COVID-19 pandemic, ASIC has provided relief reminiscent of the GFC to allow hardship withdrawals from frozen funds. The COVID-19 version of hardship-relief goes further than its GFC predecessor in many respects. We provide an overview of the issue. ...
Using tech and data in a crisis – contact tracing
Data analysis, and the technology that facilitates it, is currently playing a critical role in the global and national efforts to combat the COVID-19 pandemic. Alongside the front-line health response, it has become a core part of the daily calculations made by governments and health organisations. ...