We examine the progress of new and existing rule change requests to the AEMC across July. We take a closer look at the AEMC's draft framework to apply an emissions reduction component to its rule-making and review processes in line with proposed changes to the national energy objectives. ...

Crestone was established in 2016 following a management buyout at UBS Wealth Management’s Australia unit, and provides wealth advice and portfolio management services to high net worth clients, ...

It is now accepted that ESG risks need to be taken into account in the same way as any other investment-related risk for superannuation trustees, fund managers and institutional investors when developing and implementing their investment strategies (and in making individual investment decisions). ...

Updates to the State code 23: Wind farm development (proposed Code) and associated Planning Guidance (proposed Guidance) were released for public consultation on 7 August 2023. Submissions close on 4 September 2023. ...

Two recent decisions - Hornsby Shire Council v Commonwealth; and Landcom v Commissioner of Taxation - have rejected constitutional challenges to the notional goods and services tax (GST) voluntarily paid by the Commonwealth, states, local councils and statutory authorities. ...

Software is increasingly being used as a medical device and in medical devices. It is crucial that businesses understand the regulations that can apply to software-based medical devices, the IP considerations if they wish to protect such devices and the privacy-related risks associated with the collection and use of data from such devices. This Insight explores each of these issues in turn. ...

Given the tight timeframes proposed, APRA regulated entities should begin to review their operational risk management processes and arrangements against draft CPS 230 – see our practical implementation guide here. ...

Operational risk has been a headline issue in the superannuation, insurance and banking industries over recent years, so it is no surprise to see APRA sharpening its focus on operational resilience with the release of a new draft prudential standard, CPS 230. In this Insight we provide an overview of CPS 230 and what it will mean for you. ...

In exciting news for foreign financial service providers (FFSPs), the Australian Government has announced new proposals to reform the foreign financial services licensing regime following a lengthy period of uncertainty and ongoing transitional arrangements. ...

We have summarised below some of the key features of the new legislation and the associated benefits for eligible startups and other proprietary companies. ...