1541-1550 of 2699 results
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. ...
Casual employees: High Court confirms that post-contractual conduct has no role to play in interpreting wholly written contracts of employment
In WorkPac Pty Ltd v Rossato & Ors (Rossato), the High Court found that Mr Rossato was a casual employee under each of the six employment contracts he performed when he was employed by WorkPac Pty Ltd (WorkPac). He was not a permanent employee because the express terms of the contracts between ...
Casuals – requirement to provide casuals with a FWO information statement
The Fair Work Ombudsman (FWO) has issued guidance regarding the recent amendments to casual employment in the Fair Work Act 2009 (Cth). ...
Final report from the Parliamentary Joint Committee on Corporations and Financial Services Inquiry into litigation funding and the regulation of the class action industry
The Parliamentary Joint Committee on Corporations and Financial Services (the Committee) has completed its inquiry into litigation funding and the regulation of the class action industry and released its much-anticipated final report earlier this week. ...
RCEP: Australia signs largest free trade agreement in the world
On 15 November 2020, Australia, China, Japan, Korea and New Zealand joined the Association of Southeast Asian Nations (ASEAN) to sign the Regional Comprehensive Economic Partnership (RCEP), currently ...
Industrial relations reform bill introduced by Federal Government
The Federal Government introduced the Fair Work Amendment (Supporting Australia's Jobs and Economic Recovery) Bill 2020 into Parliament. This omnibus Bill aims to reform five areas of industrial relations which have been the focus of the IR reform roundtables held by the Government. ...
The health and economic crisis shines a spotlight on the need for greater social and affordable housing
The pandemic has laid bare Australia's overextended and under-invested social and affordable housing market. We look at some of the investment initiatives that have been pursued to date by the state governments. We  also suggest some regulatory and planning changes that can be made. ...
National Electricity and Gas rules update: October 2020
In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of October, as well as take a closer look at the Data Strategy proposed by the ESB. ...
APRA's revised Prudential Standard CPS 511 on remuneration frameworks and incentives for ADIs, superannuation funds and insurers
After 17 months of consultation and internal review, APRA has released its revised draft prudential standard on remuneration (CPS 511) seeking to regulate incentive structures across all APRA-regulated entities. ...
Pandemic caused stoppage of work, says Federal Court in Qantas stand down dispute
The Federal Court has confirmed that government restrictions on travel and quarantine measures stemming from the COVID-19 pandemic caused a stoppage of work for the purpose of stand downs initiated by Qantas and Jetstar under their enterprise agreements. ...