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Recent anti-corruption developments in Papua New Guinea
Insight 08 Apr 2014

The Papua New Guinean Government has continued to take significant steps in progressing its anti-corruption agenda in the first quarter of 2014 Partner Allan Mana Senior Associates Sarah Kuman and Michael Gomm and Lawyer Anthony Graham report on recent developments in Papua New Guinea and their ...

Government moves to abolish ACNC
Insight 04 Apr 2014

The Federal Government has taken the first step towards achieving its announced intention of abolishing the Australian Charities and Not-for-profits Commission and transferring some of its functions to the Australian Taxation Office and the yet-to-be-established National Centre for Excellence ...

Competition policy 'root and branch' review final terms of reference released
Insight 01 Apr 2014

The Federal Government has released the final Terms of Reference for the root and branch review of Australias competition law and policy and announced the members of the expert panel who will lead the review over the next 12 months Partner Jacqueline Downes and Lawyer Lauren John look at the final ...

Pricing and repeal of the carbon tax
Insight 28 Mar 2014

The legislation that will repeal Australias carbon pricing scheme will also introduce some significant new prohibitions and confer some extensive enforcement and price monitoring powers on the Australian Competition and Consumer Commission to ensure that the repeal of the scheme is accompanied by a ...

Dodd Frank - promoting financial stability and other purposes
Insight 07 Mar 2016

The Dodd Frank Act is a bit like the US financial system it is trying to regulate - vast complex and hard to wade through It creates a bunch of new regulators on top of what was already a pretty solid cast and gives them wide-ranging powers They can not only set capital and liquidity requirements ...

Senate may disallow FoFA regulations
Insight 19 Nov 2014

Senators Jacqui Lambie and Ricky Muir this morning joined a group of cross-bench Senators in announcing that they would vote with Labor and the Greens to disallow the Governments FoFA regulations made in June this year - the Corporations Amendment Streamlining Future of Financial Advice Regulation ...

Retirement phase of superannuation
Insight 08 Aug 2014

The Financial System Inquirys interim report has identified the retirement phase of superannuation as a priority issue that requires change If the Federal Government decides to implement various policy options to encourage the development of more suitable products it could result in significant ...

ASIC's proposed competition objective
Insight 08 Jul 2014

In its submission to the Financial System Inquiry the Australian Securities and Investments Commission has proposed the addition of a statutory objective to enable ASIC to consider the impact of its decision making on competition when exercising its statutory powers and functions This paper explores ...

Government releases FOFA regulations
Insight 30 Jun 2014

The Governments much anticipated FOFA regulations were registered today and provide significant relief for benefits provided to employees and representatives of product issuers who provide general advice They also expressly allow bonuses to be linked to successful product sales providing the bonus ...

Federal Government announces FOFA changes
Insight 20 Jun 2014

The Federal Government has announced that it will press ahead with changes to the future of financial advice provisions, initially by regulation and then by legislation ...

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