2461-2470 of 4399 results

Buyers and sellers beware! Expenditure deductions denied and gains taxed as income
Insight 19 May 2020

Recent decisions handed down by both the High Court and Federal Court in relation to the 'income/capital distinction' and 'blackhole expenditure' have produced a mix of predictable and unexpected, but generally unfavourable, outcomes for taxpayers. Most buyers have been denied deductions for the pur ...

Carrots and sticks: enforcement of the Consumer Data Right
Insight 15 May 2020

The Australian Competition and Consumer Commission (ACCC) and the Office of the Australian Information Commissioner (OAIC) have published a joint Compliance and Enforcement Policy (the Policy) for the Consumer Data Right (CDR). ...

Good practice for exchange traded products: ASIC updates INFO 230 'Exchange traded products: Admission guidelines'
Insight 12 May 2020

On 15 April 2020, the Australian Securities and Investments Commission (ASIC) released updated INFO 230 Exchange traded products: Admission guidelines (INFO 230) which outlines ASIC's view of good practices to help ensure that admission and monitoring standards for exchange traded products (ETPs) continue to support fair, orderly and transparent markets. ...

The COVIDSafe Bill – good progress, but there's more to do
Insight 06 May 2020

The COVIDSafe app has been marketed as offering privacy 'protected by law'. On Sunday, the Federal Government released an exposure draft of legislation designed to put those protections in place, and to dispel lingering doubts about the app. ...

Transforming the WA energy market
Insight 14 May 2020

In WA, the development of distributed energy resources (DER) technologies and new business models that weren’t contemplated by the current regulatory regime can pose safety and security issues to the South West Interconnected System. The WA Government has addressed these and other issues through various work streams delivered (and anticipated) in 2020, paving the way for a new-look energy future. ...

Full Federal Court dismisses ACCC appeal against Pacific National rail merger ruling
Insight 12 May 2020

The Full Federal Court has dismissed the ACCC's appeal against Aurizon's proposed sale of the Acacia Ridge rail terminal to Pacific National. The ACCC is using this outcome to advocate for merger law reforms. ...

Navigating the way forward: steps to prepare your business for the COVID-19 rollback
Insight 06 May 2020

We have prepared a selection of recommendations to help businesses and their senior in-house advisors navigate the challenges arising from a rollback of COVID-19 restrictions and, equally, to identify potential opportunities presented by this rapidly changing legal landscape. ...

Nucleus corporate law developments: rapid legal and regulatory responses to COVID-19 continue; ASX updates temporary COVID-19 class waivers and issues guidance on cancelling dividends; ACCC develops code of conduct for digital platforms and media companies; interim Home Loan Pricing Inquiry report released; and other corporate law developments
Insight 07 May 2020

Rapid legal and regulatory responses to COVID-19 continue; ASIC shifts regulatory and enforcement focus; ASX updates temporary COVID-19 class waivers and issues guidance on cancelling dividends; FIRB releases new compliance-related guidance notes; ACCC develops code of conduct for digital platforms and media companies and releases interim Home Loan Pricing Inquiry report; and temporary amendments made to Fair Work Act and modern awards. ...

Toksave - PNG regulatory update: emergency Parliament sitting; K5.6 billion stimulus package passed; two-month extension of state of emergency; and other developments
Insight 06 May 2020

PNG Parliament convened urgent session and passed K5.6 billion stimulus package; 14-day state of emergency extended by another two months, to June 2020; new emergency laws enacted; Bank of PNG announced new monetary and fiscal measures; IRC granted tax exemptions; IPA waived certain company statutory obligations; superannuation funds announced proposed amendments to superannuation law; PNG Government refused extension of Barrick special mining lease; and proposed plan for freight subsidies for air and sea transport. ...

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