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In Touch: Rod Sims marks 10th anniversary of the CCA; Full Federal Court clarifies the law on unconscionable conduct; Federal Court affirms $125m penalty against Volkswagen; and other developments
Rod Sims marks 10th anniversary of the CCA; Full Federal Court clarifies the law on unconscionable conduct; Federal Court affirms $125m penalty against Volkswagen; and other developments ...
Another decision on adverse costs orders in employment class actions: should you expect a 'chilling effect' on employment class action risk?
Duck v Airservices Australia (No 3) is the latest in a series of cases that have grappled with the intersection of employment class actions, litigation funders and the traditionally 'no costs' jurisdiction of the Fair Work Act. We examine the decision and its potential impacts on employment class action risk. ...
Less than one year before the new foreign financial services providers regime begins
The key changes to the existing foreign financial services regime are the repeal of 'Sufficient Equivalence Relief' and 'Limited Connection Relief'. It's time for FFSPs to think about what your options are and what actions need to be taken to be ready for the new regime. ...
What does the new Decommissioning Bill mean for you?
The Australian Government has released an exposure draft of the Offshore Petroleum and Greenhouse Gas Storage Amendment (Titles Administration and Other Measures) Bill 2021. In particular, the Bill proposes that the Titles Administrator will have approval rights in relation to changes of control of titleholders (defined by reference to a 20% rather than 50% ownership benchmark), introduces trailing liability for prior titleholders in respect of decommissioning, and enhances the assessment criteria for entities applying to operate, or increase their activities, in offshore oil and gas. ...
Proposed Design and Place SEPP – creating further complexity in our planning system?
The Explanation of Intended Effect for the proposed Design and Place SEPP, presently on public exhibition, signals major change to the assessment requirements for all development in NSW. Improving design outcomes in the built environment is important, but will the proposed SEPP be the right vehicle to achieve this objective, or will it add another layer to an already complex planning system? ...
Vietnam merger control guide
Vietnam's new merger control regime took effect from 15 May 202. The new regime substantially expands the scope of transactions subject to the merger filing requirement and thereby captures more M&A transactions in Vietnam offshore. ...
Class action risk in 2021
Australia’s class action landscape remains dynamic and complex. 2020 was characterised by an increase in filings, continuing uncertainty around the impact of COVID-19, and a consistently high level of consumer claims. ...
ACCC's 2021 product safety priorities
The ACCC announced its Product Safety Priorities for 2021, including: Button batteries, Quad bikes, Toppling furniture and infant sleeping products, and E-commerce and the Australian Product Safety Pledge. ...
Will negative price risk increase following changes to dispatch obligations under the National Electricity Rules?
Semi-scheduled generators, such as wind and solar farms, will face increased exposure to negative price risk following a new rule made by the Australian Energy Market Commission (AEMC). ...