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Modern Slavery Bill introduced - how will this impact Australian businesses?
The Modern Slavery Bill has been introduced into Federal Parliament If it passes Australian entities or entities carrying on business in Australia with at least 100 million global consolidated revenue will be required to submit a statement on risks of modern slavery in their operations and supply ...
Update on the Royal Commission
A lot has happened since our most recent update The Royal Commission has published the submissions received from ASIC and industry participants on policy questions posed by Counsel Assisting at the end of the financial advice hearings And the small business lending hearings have been held ...
What you need to know about the national energy guarantee and demand response
Following the Energy Security Boards release of the National Energy Guarantee Draft Detailed Design Consultation Paper Partner Kate Axup Associate Mark Leersnyder and Lawyer Mohamed Khairat consider the challenges and opportunities surrounding demand response as an alternative form of dispatchable ...
ACCC makes 56 recommendations for sweeping energy sector reform
The ACCC today released its final report on the Retail Electricity Pricing Inquiry The report finds the national electricity market is not functioning effectively and that extensive reform is required to bring down prices and restore consumer confidence It makes 56 significant recommendations aimed ...
Corporate Purchase Power Agreements
As electricity prices rise and we move towards a carbon‑constrained future, companies are looking for ways to manage their exposure to changing electricity prices and to purchase electricity from renewable sources. ...
How will the food & groceries market adjust to the rise of digital platforms?
Digital platforms, such as Amazon, have the potential to transform the food and grocery industry. The amended misuse of market power provision aims to protect smaller competitors without stifling innovation. Does the new law have any role to play in the ascent of digital platforms? ...
New Zealand tightens its belt on high-calorie advertising to youth
The New Zealand Advertising Standards Authority has been enforcing a new code since October 2017 that governs all advertising targeted to children and young people. It outlines specific rules for food and beverage advertisements, including for high-calorie ‘Occasional Food and Beverage Products’ ...
Has the ATO tolled the bell for demerger and acquisition scheme structures?
The Deputy Commissioner of Taxation has formally refused a request from AMA Group Limited for demerger relief in connection with a demerger and acquisition transaction involving private equity firm Blackstone casting doubt on the availability of capital gains and income-tax relief for transactions ...
Competition news
In Touch looks at what's been happening in Competition this month and what it means for your business ...
ACCC's plan to lower network costs for consumers
The ACCCs Retail Electricity Pricing Inquiry Final Report includes a number of recommendations to lower network costs for consumers We take a look at the ACCCs concerns and recommendations for reform ...