191-200 of 459 results
Round 5: Superannuation
Perhaps the biggest issue dealt with in the superannuation hearings is how various forms of conflicts create perverse incentives for trustees to not comply with their duties. ...
Round 4: Experiences with financial services entities in regional and remote communities
During the agricultural round of hearings, and in his Interim Report, the Commissioner asked if there should be special rules for farmers to address the particular challenges of the sector, and if so, who should bear the added cost? ...
Payments regulation reform update: the Government consults on the regulation of payment service providers
The Treasury recently published a further consultation paper in connection with its proposal to introduce a new licensing framework for payments-related activities. It refines and clarifies the proposals in the previous consultation paper published in June 2023. ...
No sticker shock for automakers as High Court unpeels labelling case
Earlier this week, the High Court handed down its unanimous judgment in the Mitsubishi fuel consumption labelling case, finding in favour of Mitsubishi. ...
Allens advises Pacific Equity Partners on FirstCape investment
The proposed transaction sees PEP acquire a 35% stake in FirstCape, with NAB and Jarden Wealth retaining shareholdings of 45% and 20% respectively. Allens advised on all Australian law aspects of t ...
Courts refuse to order disclosure of insurance and financial documents for use in mediation in class actions
In this Insight, we consider some decisions in the Federal Court and Victorian Supreme Court that provide examples of how plaintiffs are framing applications for documents in the context of mediation, and when courts will consider it inappropriate to order their production. ...
Cyberwashing: a key focus for data breach class actions
It has now been a year since the Medibank and Optus data breach incidents that led to a surge in data breach class action filings in Australia. ...
ESG contract clauses — drafting tips to reduce your exposure to disputes and complaints
Interest in environmental, social and governance (ESG) is continuing to grow at a rapid pace, including ESG-related goods and services. ...
The Federal Government issues its final response to the Quality of Advice review
The Federal Government has provided its final response to the Quality of Advice review, as part of its 'Delivering Better Financial Outcomes' package of reforms. ...
High Court provides guidance on class action waiver clauses
The High Court of Australia has unanimously found that a class action waiver clause sought to be invoked in the Ruby Princess class action was an unfair term under the Australian Consumer Law. We examine the reasoning behind the decision and assess its implications for class action defendants. ...