2341-2350 of 2716 results
FCA declares insurer in breach of duty of utmost good faith
The Federal Court has declared that Youi Pty Ltd (Youi) breached its duty of utmost good faith under section 13 of the Insurance Contracts Act 1984 (Cth) (ICA) in relation to its handling of an insurance claim for damage to an insured's home. The decision is an important reminder of the broad scope and potential reach of the duty. ...
Full Federal Court dismisses Commissioner's transfer pricing appeal against Glencore
On 6 November 2020, the Full Court of the Federal Court of Australia handed down its much anticipated decision dismissing the Commissioner's appeal (save for one issue) against Glencore Investment Pty Ltd in a significant transfer pricing dispute. ...
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. ...
In Touch: Federal Court orders penalties against Viagogo; ACCC commences new civil proceedings; Rod Sims continues to advocate for law changes; and other developments
Federal Court orders penalties against Viagogo and iSelect; ACCC commences new civil proceedings; Rod Sims continues to advocate for law changes; and other developments ...
Retirement Income Review
Our key takeaways from the Government's Retirement Income Review (with a focus on the superannuation implications). ...
ACCC releases its first Digital Platform Services Inquiry Interim Report
The ACCC recently published the Digital Platform Services Inquiry Interim Report as part of its role in monitoring the impact of digital platforms on competition and consumers. The Interim Report examines the privacy / data handling, competition, consumer and small business implications related to the increasing use of online private messaging services. ...
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. ...
Federal court awards largest ever adverse action payout
A senior employee was awarded $5.2m after he was dismissed, with the Federal Court deciding his employer took adverse action against him and hence breached his employment contract. ...
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. ...
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. ...