1541-1550 of 2692 results
APRA finalises its guidance on investment governance in superannuation (SPG 530)
After two years of consultation on investment governance practices in superannuation, APRA has recently released the final Prudential Practice Guide (Investment Governance) (SPG 530). ...
National Electricity and Gas rules update: July 2023
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. ...
MAC conditions: more disclosure but no real change to market practice
MAC conditions have long been a feature of managing completion risk in public M&A transactions in Australia—utilising triggers based on either or both quantitative and qualitative measures. However, in 2022 ASIC published its concerns on the formulation of these conditions and, in particular, its expectation that MAC conditions include objective and 'quantifiable' triggers. ...
In Touch: Meta cleared to acquire Kustomer; and other developments
Mereenie gas field joint marketing; Meta's acquisition of Kustomer; Alkaloids of Australia pleads guilty to criminal cartel charges; no appeal for Volkswagen; Please Hold agrees to amend contracts; Bare Cremation pays penalty for allegedly misleading consumers ...
In Touch: Honeysuckle and nib granted conditional authorisation; and other developments
The ACCC authorises Honeysuckle Health and nib Health Funds to form a buying group; Bunnings' to acquire Beaumont Tiles; Microsoft to acquire Nuance Inc; Qantas and Emirates seek extension to cooperative agreement; ACCC to investiate Qube Logistic’s acquisition of Newcastle Agri Terminal; NSW and ACT unis permitted to collaborate on travel arrangements for the return of internationals students. ...
Avoid, minimise, offset and adapt – greater scale helps Australian agriculture build climate resilience
Over recent decades, the number of farmers in Australia has been decreasing and the size of farms has been increasing. According to the Federal Department of Agriculture, Water and the Environment, larger farms tend to be more profitable, invest more in innovation, and generate a higher rate of return on capital than smaller farms. ...
A glimpse into the future of electricity capacity markets: ESB 2025 NEM reforms
With many of the key capacity mechanism design elements yet to be resolved, we take the opportunity to explore the magnitude of the proposed changes via a hypothetical glimpse into the future. What might the electricity market look like in a Physical RRO world, from the perspective of a generator, a retailer and the market? ...
Reviewing Australia’s payment system review: the major recommendations
The Final Report of the Treasury's Review of the Australian Payments System (Final Report) was released on 30 August 2021, following a consultation process with stakeholders from November to December 2020. Treasury has indicated that further consultation on the recommendations in the Final Report will be conducted ahead of the Government finalising a response. ...
Targeting ESG outcomes in investment strategies
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). ...
Commissioner victorious in taxing cross-border trust distributions of capital gains
The Full Federal Court has confirmed a controversial view held by the Commissioner of Taxation (the Commissioner) on the taxation of capital gains from non-taxable Australian property made by Australian resident discretionary trusts that are distributed to foreign resident beneficiaries. ...