2391-2400 of 2618 results
The CDR is coming to the energy sector – have your say now
The Australian Government has commenced consultation on the Consumer Data Right (Energy Sector) Designation 2020, which will apply the CDR to the energy sector. Entities should consider the impact of the CDR on their business, including whether they would like to apply to be an Accredited Data Recipient to obtain access to such energy data. ...
RG 272 – bringing order through product intervention
Following its consultation in June last year, ASIC has now published RG 272, setting out ASIC's approach to using its product intervention powers. In this update, we examine the scope of this power and the accompanying regulatory guidance. ...
Superannuation, funds and insurance sector reforms: the year ahead in 2020 and beyond
As the dust settles on a raft of COVID-19 related disruptions to various proposed legislative and regulatory reforms, the Allens team takes stock of the current regulatory reform proposals in the superannuation, funds and insurance sectors which have been mooted for the tail end of 2020 and early 2021. ...
Financial advice relief – all talk and no-action
We said at the outset of this pandemic that financial advice will play an important role in supporting members who are considering whether to access their super early. Alive to that, ASIC recently released a series of measures to facilitate access to financial advice ...
The simple case of the SIS Act 'best interests' obligation
Commissioner Hayne's comments in his final report, and the surge of community interest in super, have resulted in a renaissance of sorts for the 'best interests' obligation. ...
Officer without office: High Court rules persons can be company officers despite absence of official title
The recent decision of the High Court of Australia in ASIC v King considers the meaning and scope of the term 'officer', as defined in s9 of the Corporations Act 2001 (Cth), and contains important if non-binding observations on how the term may catch bankers and other third parties. ...
1 July 2020: new financial year, new increases to minimum wages
Employees need to be mindful of increases to minimum rates of pay, as well as the impact of increases to the high income threshold and the maximum super contribution base. ...
Federal Court opts to rule on Qantas stand down case
The Federal Court has decided to adjudicate a dispute between Qantas and its aircraft engineers about the legality of Qantas' and Jetstar's decision to stand down employees during the COVID-19 pandemic. ...
Legislating the right to work – an overview of ACT's Human Rights (Workers Rights) Amendment Act 2020
The new right to work protections mean that ACT legislatures, government agencies and the Legislative Assembly will need to consider these additional HRA rights when developing and implementing legislation and policy. ...