371-380 of 878 results
Annual members' meetings for superannuation funds – physical, electronic hybrid or virtual?
In May, the Federal Treasurer used emergency powers to temporarily modify the Corporations Act 2001 (Cth) to facilitate the holding of public company shareholder meetings virtually, without any attendees required to be physically present. We take a look at the SIS Act requirements, ASIC statements, and the implications for holding members' meeting in the current environment. ...
EU Commission publishes AIFMD report – what does this mean for Australian wholesale fund managers?
The European Commission has finally published its report on AIFMD and, in doing so, considered the impact of AIFMD on AIFMs, AIFs and investors. The report is short, but gives some insight into how the key features of AIFMD have worked and the effect this has had on the market. ...
Allens advises on Australia's largest super fund merger
Following the merger on 30 June 2020, FSS Trustee Corporation now manages over $125 billion on behalf of more than 1.1 million members from similar industries, such as education, healthcare and the ...
Allens advises Vicinity Centres on $1.4 billion capital raising
The capital raising comprises a fully underwritten $1.2 billion placement and a securities purchase plan targeting to raise up to $200 million, and the proceeds will be used to reduce debt and ...
NOPSEMA issues safety alert for COVID-19 roster changes
On 7 April 2020, the National Offshore Petroleum Safety and Environment Management Authority (NOPSEMA), issued a Safety Alert to all operators of offshore facilities who may be considering modified roster arrangements to reduce the spread of COVID-19 among members of the offshore workforce. ...
COVID-19: a work health and safety perspective
The progression of COVID-19 continues at pace and businesses are facing an array of challenges and difficult decisions. While there are a number of issues for businesses to work through at this time, this article touches on the key work health and safety (WHS) duties employers need to be aware of. ...
COVID-19: Fair Work Act changes and JobKeeper scheme
Businesses that are eligible for the JobKeeper scheme will have more flexibility under the Fair Work Act to make changes to manage the workplace impacts of the COVID-19 pandemic, such as standing down employees or reducing their hours. ...
Fair Work Commission agrees to vary the Clerks Award in light of COVID-19
On Saturday 28 March 2020, the Fair Work Commission introduced temporary changes to the Clerks – Private Sector Award in response to the impacts of COVID-19 on clerical and administrative employees. An employer can now agree (in writing, including by email) with an individual employee to reduce the employee's hours (including by more than 25%) or to move the employee temporarily from full-time to part-time hours of work, and reduce their pay proportionately. ...
OAIC releases new privacy guidelines for employers in response to spread of COVID-19
Employers should collect, use and disclose as little information as is reasonably necessary to prevent and manage the spread of COVID-19 in the workplace. This includes taking the temperature of employees and visitors entering the workplace for the limited purpose of preventing or managing COVID-19 risks in the workplace (provided that as little information as is reasonably necessary should be collected for that purpose). ...