The Federal Government has released a consultation paper which takes action on Recommendation 4.8 of the Banking Royal Commission's Final Report. If implemented, the handling and settlement of insurance claims will become a 'financial service' under the Corporations Act 2001 ...

ASIC's 'why not litigate?' approach to enforcement activities and its change in tone confirm the new era of regulatory engagement has arrived. In particular, its recent actions in the Federal Court place the waiving of legal professional privilege under the spotlight. ...

Intellectual Property Office of New Zealand announced a number of patent and trade mark fee changes including a significant increase in official fees throughout the lifecycle of a patent, and moderate fee reductions for trade marks to take effect later in 2019 ...

The Australian Law Reform Commission has released its long-anticipated final report on serious invasions of privacy The report proposes that a new statutory cause of action be implemented in a new stand-alone Commonwealth Act If adopted the proposal would have far reaching ramifications for ...

A representative proceeding can only be commenced where seven or more group members have claims against the same person In proceedings with multiple respondents there has been conflicting authority as to whether each group member is required to have a claim against each respondent Last week in Cash ...

we look at the ACCCs current enforcement activities on credence claims in food labelling the development of a national information standard for the contentious area of free-range eggs in light of the industrys failure to selfregulate a Federal Court decision that provides some welcome clarification ...

The Queensland Government has introduced amending legislation that will significantly reform all parts of water regulation in Queensland The reform introduces significant streamlining opportunities but also new obligations particularly for those in the resources industry Partner Bill McCredie ...

We have previously reported on ASICs submission to the Financial System Inquiry FSI and in particular its assertion that it needs a broader range of more onerous financial penalties in order to punish and deter corporate wrongdoing ASIC made similar submissions to the recent inquiry by the Senate ...

After talks of introducing a special tax regime for employee options in start-ups, the Federal Government has reverted back to the global norm of employee options granted by all companies generally being taxed on exercise ...

FTSE 100 companies have consulted far more widely with their shareholders on board pay and there have been far fewer shareholder revolts on pay as a result These are among the key findings of a Linklaters report analysing how FTSE 100 companies - throughout the 2014 AGM season - have reacted to the ...