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Repurposing existing medicines – industry to have its say in reshaping Australia's regulatory future
Insight 25 Mar 2021

The Therapeutics Goods Administration (the TGA) is consulting with the public and industry to potentially reform regulatory and reimbursement frameworks, to incentivise the repurposing of existing medicines. Off-label use (where a medicine is used for a disease or medical condition for which it does ...

Proposed new responsible lending laws pass the House of Representatives
Insight 24 Mar 2021

On Monday 15 March 2021, the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 passed the House of Representatives, and was introduced in the Senate the following day. This followed the release of the Senate Economics Legislation Committee Report on the Bill. ...

'Remediation' as a legal term
Insight 24 Mar 2021

ASIC's recent consultation paper (CP335) on proposed changes to its remediation guidance (RG256) may have created further space between what is legally required of remediations and what ASIC may expect of them. ...

Nucleus – corporate law developments: ASIC restricts effectiveness of certain director resignations; new ASIC whistleblower immunity policy; and other updates
Insight 22 Mar 2021

ASIC restricts effectiveness of director resignations and introduces new whistleblower immunity policy; FIRB commences evaluation of changes to foreign investment laws; ACCC flags further reform of merger review process in 2021; lapsing of electronic signing and virtual meeting protocols ...

National Electricity and Gas rules update: February 2021
Insight 17 Mar 2021

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of February, as well as take a closer look at the release of Victoria's Renewable Energy Zones Development Plan. ...

Privacy disclosure incident leads to largest ever award of compensation for non-economic loss.
Insight 16 Mar 2021

The determination issued by the OAIC for breaches of the Privacy Act by the Department of Home Affairs confirms that compensation can be ordered to be paid for non-economic losses related to data breaches. ...

Investor state arbitration and the environment: preparing for change in 2021 and beyond
Insight 15 Mar 2021

The overlap between international investment and environmental protection is expanding, eg with environmental protection provisions featuring in recent International Investment Agreements (IIAs) and international Free Trade Agreements (FTAs), and environment-related investor-state disputes. ...

The end is more nigh: FCA announces official LIBOR cessation dates
Insight 12 Mar 2021

On 5 March the UK LIBOR regulator, the FCA, announced cessation dates for the vast majority of LIBOR settings. As expected, the key date will be end of this year (ie 31 December 2021) for most ...

Clarity from the High Court on competing class actions
Insight 12 Mar 2021

The High Court of Australia has provided much-needed clarity on competing class actions, handing down its decision in Wigmans v AMP Limited [2021] HCA 7. ...

Maintaining a REZ-ilient electricity grid
Insight 10 Mar 2021

Significant investment in network infrastructure will be required to ensure there is sufficient network capacity in the National Electricity Market (NEM) to support the broader electricity system and meet the needs of new generators. ...

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