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Changes in PNG's energy laws
Insight 12 May 2021

On 21 April 2021, the PNG Parliament passed the National Energy Authority Act 2020 and the Electricity Industry (Amendment) Act 2020. In this Insight we examine the changes made and assess their likely impact on the energy industry. ...

National Electricity and Gas rules update: April 2021
Insight 12 May 2021

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of April, as well as take a closer look at a new draft determination on system strength frameworks in the NEM. ...

Federal Budget 2021-22 – Superannuation
Insight 12 May 2021

Super fund trustees will likely breathe a sigh of relief that there are no new significant reforms to the superannuation system on the Government's budget agenda. ...

Surprising 2021-22 Budget backflip leaves the new Foreign Financial Services Provider regime in limbo
Insight 12 May 2021

The Government's Budget announcement has come as a surprise for Foreign Financial Services Providers (FFSPs) in 2021-22 Federal Budget. ...

Key developments for APRA-regulated entities in managing climate risks
Insight 11 May 2021

Recently released guidance from the Australian Prudential Regulation Authority (APRA) and two new barrister opinions re-emphasise the need for banks, superannuation trustees, insurers, and other organisations, to respond to, and appropriately manage, financial risks associated with climate change. ...

The new 'fit-for-purpose' electricity system – four critical reforms
Insight 11 May 2021

The uptake of small and large-scale renewable energy, and the growth of demand-side technologies, has necessitated a new, fit-for-purpose electricity system that can recognise and respond to the changing energy landscape. In this insight, we discuss the key changes from the ESB. ...

Toksave - PNG regulatory update: Twinza suspends Pasca A offshore operations and other developments
Insight 06 May 2021

Twinza suspends Pasca A offshore operations; public consultation on new Digital Transformation Bill commences; Parliament adjourned to August 2021; and other developments ...

Worker not immune to job loss
Insight 06 May 2021

The Fair Work Commission (FWC) has upheld the dismissal of an employee who refused to comply with a mandatory influenza vaccine policy, however made the observation that this decision turned on the facts of this particular case and the industry in which the employee worked. ...

Casuals – requirement to provide casuals with a FWO information statement
Insight 06 May 2021

The Fair Work Ombudsman (FWO) has issued guidance regarding the recent amendments to casual employment in the Fair Work Act 2009 (Cth). ...

Superannuation rate increase
Insight 06 May 2021

The Superannuation Guarantee rate is scheduled to increase from 9.5% to 10% on 1 July 2021, although a final decision will be made in the May 2021 Budget. ...

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