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Close and continuous monitoring - the new ASIC approach of embedding its officers in banks
Insight 19 Sep 2018

ASIC has recently announced a new supervisory approach that involves embedding ASIC officers in the four major banks and AMP ...

You asked, they listened (mostly) - Treasury's proposed revisions to the Consumer Data Right Bill
Insight 12 Oct 2018

On 24 September Treasury released for public consultation its revised version of the exposure draft legislation that will give effect to the new Consumer Data Right CDR in Australia Reflecting feedback from public consultation on the first tranche of draft legislation that was released on 15 August ...

Changes to open and transparent sale process requirement for foreign persons acquiring agricultural land
Insight 22 Oct 2018

On 25 September 2018 the Foreign Investment Review Board released revised guidance on the application of the requirement for an open and transparent sale process for foreign persons acquiring agricultural land Partner Wendy Rae Senior Associate Julian Barendse and Lawyer Bianca Sacco examine these ...

Albert Namatjira's family wins decades-long battle for compensation
Insight 31 Oct 2018

The descendants of one of Australia's most well-known artists, Albert Namatjira, have finally received compensation for decades of missed royalties. ...

New third-party enforcement rights in the Victorian Environment Protection Amendment Act 2018
Insight 15 Oct 2018

This Insight examines the third-party enforcement rights introduced into the Environment Protection Act 2017 (Vic) by the Environment Protection Amendment Act 2018 (Vic), which passed Victorian Parliament in August 2018 ...

A global snapshot of data breach class actions
Insight 17 Oct 2018

While we are yet to see a successful data breach class action in Australia, data breach class actions have become all too real for many major companies overseas ...

Requirements and responsibilities under the EPA Act's new contaminated land regime
Insight 31 Oct 2018

This Insight explores the new contaminated land regime introduced into the Environment Protection Act 2017 (Vic) by the recently passed Environment Protection Amendment Act 2018 (Vic) ...

Third tranche of draft CCIV legislation released
Insight 18 Oct 2018

Draft legislation intended to address some of the continuing gaps in the proposed corporate collective investment vehicle framework has been released with submissions on it closing soon Partner Marc Kemp and Associate Mai Go report ...

Royal Commission: Round 3 - experiences with SME lending
Insight 02 Oct 2018

The third round of the Royal Commissions hearings concerned lending practices to small and medium enterprises SMEs The hearings considered a range of case studies ...

Competing class actions - no 'one size fits all' solution
Insight 22 Nov 2018

The Full Federal Court has held that when the court is faced with multiple competing class actions in relation to the same issue it can choose one to proceed and stay the others In doing so it said that there is no one size fits all solution to the problem of competing class actions and that ...

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