1501-1510 of 2668 results
Copyright in software – the latest word from the Federal Court
The Federal Court has handed down its judgment in Campaigntrack Pty Ltd v Real Estate Tool Box Pty Ltd [2021] FCA 809 in a decision with important implications for copyright enforcement in software under Australian law. ...
In Touch: Multiple Federal Court rulings on unconscionable conduct and false and misleading representations; and other developments
Brownes Dairy's non-compliance with Dairy Code; Captain Cook College acted unconscionably; Nine Entertainment Co pays penalties; proposed ACCC authorisation of Country Press Australia collective bargaining agreement; Federal Court orders $1.2 million penalty on Sumo; and Geowash appeal dismissed ...
Allens advises Vocus Group on $3.5bn acquisition
Macquarie Infrastructure and Real Assets (MIRA) and Aware Super comprised the consortium that agreed the take-private transaction for Vocus Group in a deal valued at approximately $3.5 billion. Voc ...
Recovering settlement amounts arising from misconduct of an employee and setting off against statutory entitlements
The Full Federal Court of Australia has decided that an employer could not only recover amounts paid to settle proceedings arising from the misconduct of a former CEO, but could also set off those amounts against the statutory entitlements that were owed to that individual upon their dismissal. ...
Key developments for APRA-regulated entities in managing climate risks
Recently released guidance from the Australian Prudential Regulation Authority (APRA) and two new barrister opinions re-emphasise the need for banks, superannuation trustees, insurers, and other organisations, to respond to, and appropriately manage, financial risks associated with climate change. ...
Proposed new responsible lending laws pass the House of Representatives
On Monday 15 March 2021, the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 passed the House of Representatives, and was introduced in the Senate the following day. This followed the release of the Senate Economics Legislation Committee Report on the Bill. ...
Proposed changes to Credit Risk Management Prudential Standard (APS220)
In the absence of the Responsible Lending Obligations, lending by Australian banks will be regulated by APRA. This means the new Credit Risk Management Prudential Standard (APS220) will be the central legislative guidance in designing consumer assessment and lending protocols. ...
Insurance sector reform under the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020
After several months of delay due to COVID-19, the Bill implements a large number of the Hayne Royal Commission recommendations, and in particular picks up several of the recommendations that are aimed at reforming the insurance sector. ...
Western Australia's WHS Act to introduce industrial manslaughter laws
Western Australia has joined the harmonised work health and safety (WHS) regime, in line with New South Wales, Queensland, South Australia, the Northern Territory and Tasmania. Victoria will continue to operate under a separate regime. The Work Health and Safety Act 2019 (WA) (the Act) passed through the Legislative Assembly on 3 November 2020. ...
JobKeeper enabling directions – a focus on 'reasonableness'
In a recent decision of the Fair Work Commission (the FWC), an employer has been chastised for unreasonably directing an employee to work only 60% of their pre-COVID hours. ...