You might be getting tired of all of the talk about innovation and keen to see some of it actually happen The Governments recent announcements could help but there is a long way to go before the mining boom becomes the ideas boom ...

The FSI report recommended that the Government facilitate rationalisation of legacy products in the life insurance and managed investment scheme industries The need for ways to close legacy products has been kicking around for at least a decade and in 2007 Treasury released a very thorough options ...

Are you interested in the financial system and how it is regulated The Federal Governments response to the Financial System Inquiry was recently handed down but it can be hard to work out where exactly things are heading We have put together a table that sets out what is likely to happen and when ...

The Federal Government has taken the first step in fulfilling its promise to introduce a mandatory data breach notification scheme Under an exposure draft of the proposed legislation companies will be required to notify the Office of the Australian Information Commission and affected individuals of ...

In this edition we look at the Federal Governments proposed Country of Origin Labelling that may be rolled out next year the impact on food producers of the broader reach for the health claims standard how ACCC proceedings and a new enforcement guide will give producers and consumers a clearer ...

The new package of legislation overhauling Australias foreign investment laws the first major revision in 40 years commenced on 1 December 2015 While many features of the previous regime have been retained and sometimes re-named there are also a number of significant changes Partners Jeremy Low ...

The Government released yesterday an exposure draft of the Corporations Amendment Life Insurance Remuneration Arrangements Bill 2015 The Government says the Bill removes the current exemption in the Corporations Act from the ban on conflicted remuneration for benefits paid in relation to certain ...

Water Services Association of Australia and Infrastructure Partnerships Australia the peak bodies for water utilities and infrastructure respectively have released a joint report that calls for major reform in the provision of urban water services across Australia The report suggests that there is a ...

The Federal Court has found that Jetstar Airways Pty Ltd and Virgin Australia Airlines Pty Ltd contravened the Australian Consumer Law by engaging in drip pricing In doing so the Federal Court differentiated between the types of conduct that will be considered misleading or deceptive under the ACL ...

The Governments Future of Financial Advice Bill was passed by the Senate yesterday While the Bill began its life as the so-called Streamlining Bill introduced by the Government on 19 March 2014 the Bill as passed yesterday bears very little resemblance to the Bill as originally introduced It is ...