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Update on the Royal Commission
Insight 19 Jul 2018

Have you been wondering what the Royal Commission will make of the numerous witness statements and vast amounts of other information collected from superannuation trustees in recent times You will find out soon enough But first there are some curiosities from the Round Four hearings to consider - ...

Where we are with superannuation retirement income changes
Insight 19 Jul 2018

The Government has slowly been changing the superannuation retirement income system with the aim of increasing the range of retirement products available to Australians A number of changes have already been implemented and more are to come with the proposed Comprehensive Income Products for ...

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. ...

Treasury proposes tougher penalties for corporate and financial sector misconduct
Insight 26 Sep 2018

The Federal Government has released exposure draft legislation for public consultation that if enacted will implement many of the recommendations of the ASIC Enforcement Review Taskforce to strengthen the penalty regime for corporate and financial sector misconduct Partner Simun Soljo and Lawyer ...

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