421-430 of 440 results
Overhaul of Victorian environmental laws delayed until 1 July 2021
The Environment Protection Amendment Act 2018 (Vic) (EP Act), which was set to commence on 1 July 2020 (and overhaul environmental laws in Victoria) will now commence on1 July 2021 as part of a suite of emergency measures in response to COVID-19. Our team looks at the COVID-19 Act and how it relates ...
Raising equity in a COVID-19 environment
This Insight: provides commentary on matters Boards, supported by management, may wish to consider in raising equity; makes some observations about what we are seeing in the market to date or expect to see; and outlines some of the recent regulatory changes in light of COVID-19. ...
Retail banking and responsible lending during COVID-19
The sudden and unknown nature of COVID-19 has triggered a global economic shock, and disrupted Australia's economy. As we enter a national state of economic 'hibernation', banks and lenders are grappling with a sudden influx of relief requests from consumer and business customers. ...
Round 6: Insurance
The sixth round of public hearings considered issues associated with the sale and design of life insurance and general insurance products, the handling of claims under life insurance and general insurance policies, and the administration of life insurance by superannuation trustees. ...
Coming this spring: ACCC to monitor large merchants' payment surcharges
The Reserve Bank has now released a Standard which sets out what payment surcharges will be permitted for the purposes of the new Part IVC of the Competition and Consumer Act 2010 Cth The aim of the Standard is to improve competition and efficiency by providing to consumers price signals associated ...
Allens advises on Sydney Airport's market-leading sustainability linked loan
The A$1.4 billion loan is sustainability linked, incentivising Environment, Social and Governance ( ESG ) outcomes by Sydney Airport group members by reference to an independently assessed ...
Treasury's Exposure Draft Bills introduce important and significant changes
On Friday the Government released a large package of Exposure Draft Bills to implement the last of the Financial Services Royal Commission recommendations. There are some important and significant changes and Treasury is consulting widely (although not for very long) and seeking feedback. ...
Proposed changes to NSW Independent Planning Commission – major reform or tweaking around the edges?
Following a review by the NSW Productivity commission, the NSW Government has announced major reforms to the Independent Planning Commission. However, some are left wondering whether the proposed changes address concerns regarding inefficiency and inconsistency in IPC decision-making. ...
Fighting to protect Fintech innovations
The growth of financial services technology or Fintech as it is now called has exploded in recent years yet many of its creators dont realise that their innovations are patentable ...
Hayne report – first impressions
Commissioner Hayne's recommendations may initially seem somewhat modest – they do not undo vertical integration, impose limits on executive remuneration or ban bonuses and they do not recommend that directors prefer the interests of their customers. But, while it is true that the recommendations are not radical, there is much in the report that will mean some real changes for financial services companies, their Boards and their executives, as well as for their regulators and advisers. ...