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Competition in electricity and financial services markets - common issues, common solutions?
Insight 30 Aug 2018

The level of competition in both the electricity and financial services sectors has been closely scrutinised by the Australian Competition and Consumer Commission and the Productivity Commission While there are fundamental differences in market structures in both sectors the respective commissions ...

Full Federal Court speaks on competing class actions
Insight 30 Aug 2018

In the latest instalment in the attempts to deal with competing shareholder class actions the Full Federal Court has ordered the transfer of four shareholder class actions against AMP to the Supreme Court of New South Wales where a fifth class action is already pending In doing so the court gave the ...

Key trends in the Australian products liability space - 2018
Insight 10 Aug 2018

We have seen in recent years an increasing level of activity in the Australian regulatory landscape The current Banking Royal Commission is just one example of many dominating boardrooms and newsfeeds Regulators are taking action more often are seeking higher penalties and are seeking to expand the ...

Competing class actions - a problem in need of a solution
Insight 20 Aug 2018

As fertile ground for class actions the Royal Commission has highlighted an ongoing problem with Australia's class action regime - there is no clear consistent means for resolving competing class actions. ...

Counsel Assisting the Royal Commission alleges significant superannuation misconduct
Insight 27 Aug 2018

The list of alleged breaches are divided into breaches of the SIS Act the Corporations Act and the ASIC Act we consider each of these and what it might mean ...

Does casuals' service count for redundancy pay purposes?
Insight 05 Sep 2018

A Full Bench of the Fair Work Commission has again considered the issue of whether prior service as a casual or seasonal worker counts as service when calculating redundancy pay, and found that such prior service need not be recognised. ...

The Workpac decision – are your casuals really casual?
Insight 05 Sep 2018

The Full Federal Court in WorkPac Pty Ltd v Skene [2018] recently decided that a casual fly-in fly-out labour hire worker was not really a casual and was therefore entitled to annual leave. ...

ASIC consultation on fees and costs disclosure reform following expert review
Insight 18 Mar 2019

Its been a long five years or so of amendments to and consultation on the fees and costs disclosure regime for superannuation and managed investments products And industry might be forgiven for feeling a sense of dj vu with the release earlier this year of ASICs consultation paper on the regime ...

Superannuation - 'not a product to be sold'?
Insight 18 Mar 2019

In his typically blunt way Commissioner Hayne declared Superannuation is not a product to be sold As Mr Hodge QC was fond of saying I would like to tease that out a little ...

ACCC releases draft Consumer Data Right Rules for consultation
Insight 15 Apr 2019

In preparation for the implementation of the first phase of the Consumer Data Right on 1 July 2019 the ACCC has released draft CDR Rules for consultation The draft rules detail how the CDR will function across all designated sectors in practice including how data is to be shared the criteria for ...

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