The recent decline in class action filings might suggest a corresponding decrease in risk. However, class action risk is far from subsiding. The reality is that class action lawsuits remain a significant and ongoing risk for all businesses operating in Australia ...

Contract law is at the core of almost every lawyer's practice. We prepare the Contract Law Update by reviewing every contract law decision handed down by Australian appellate courts during the year and preparing summaries of those most relevant to lawyers in commercial practice. ...

Filings: what have we seen and what's to come? Before the publication of the Final Report, the matters raised during the Royal Commission resulted in either the commencement or investigation of class actions in relation to: Superannuation ...

Covered in this webinar:  Further information on topics and speakers will be released in the new year.  ...

Covered in this webinar: APRA enforcement update – In July 2024, APRA announced it had agreed to accept an enforceable undertaking from OnePath Custodians, and that OnePath had paid $10.7 million under infringement notices issued by APRA. This webinar takes a look at the case in detail, including some of the key takeaways for superannuation trustees and other APRA-regulated entities. DDO enforcement update – ASIC has successfully prosecuted the first two design and distribution obligations cases. This webinar takes a look at some key findings from those cases, including the court's view on what constitutes 'reasonable steps' for issuers and distributors of financial products and an issuer's obligation to monitor and review data. ...

Covered in this webinar: Consultation on the first tranche the Albanese Government's 'Delivering Better Financial Outcomes' package of reforms, addressing several recommendations from the Quality of Advice Review; and ASIC's civil penalty proceedings against Telstra Super Pty Ltd, being the first case to test the application of the internal dispute resolution obligations in s912A of the Corporations Act. ...

Covered in this webinar: a fast transition, in which gas is quickly replaced with other sources of energy; and a softer transition, in which gas is used as a fuel source over the longer term, in conjunction with renewable sources. ...

Covered in this webinar: The latest from the Court of Appeal on conflicted remuneration and financial product advice The Financial Accountability Regime ...

Preparing your business to respond Although dealing with regulators will never be an exact science, there are steps you can take now to navigate this new regulatory enforcement landscape. We have been assisting clients with: preparing a ...

The response to the Final Report The Government's initial response to support the Recommendations was met with intense dissatisfaction and criticism from the mortgage broking industry. Industry groups argued that banning trail commissions ...