4071-4080 of 4405 results
A blow to class action judgments achieving finality
In a recent decision, the High Court considered that a successful class action defendant cannot rely on mere failure by members of a class action to opt out of group proceedings to establish that these members are subsequently prevented from raising other claims ...
Further wide-ranging reforms of groundwater extraction regulation in Queensland
Resource sector operators need to be aware of further proposed changes to how the take of groundwater is regulated in Queensland The proposed changes will impact existing new and expansion operations Partner Bill McCredie and Senior Associate Gobind Kalsi consider the proposed amendments and their ...
Updated fee and cost disclosure - transition period extended
ASIC has today announced that superannuation fund trustees and responsible entities will have until 1 October 2017 to comply with the updated fee and cost disclosure rules for PDSs set out in ASIC Regulatory Guide 97 and ASIC Class Order 141252 - but only if they comply with certain conditions ...
ASIC announces fintech licensing exemptions
As part of its implementation of the regulatory sandbox for fintech companies ASIC is providing relief for certain fintech businesses from the obligation to hold an Australian financial services or Australian credit licence Relief may be available for up to 12 months and may be useful to businesses ...
Successor Fund Transfers - all aboard!
APRA yesterday released a draft guide on transferring a member's benefit from one superannuation fund to another without their consent. The interpretation adopted provides minimal protection to superannuation fund members. ...
Queensland foreign stamp duty surcharge - relief guidelines issued
New relief guidelines have been issued on Queensland's foreign stamp duty surcharge ...
Spotlight: (almost) everything you need to know about ransomware
Almost half of all companies experienced at least one cyber ransom incident in 2016 - either a ransomware attack or a ransom denial-of-service attack That same year ransomware attacks cost businesses more than US1 billion worldwide1 a figure expected to reach US5 billion in 2017 and exceed US115 ...
It’s only ‘natural’
While considering hair oils, cosmetics and trade marks, Justice Katzmann may have inadvertently given the food industry something to worry about by proposing that natural ingredients cannot be labelled ‘natural’ if they have been chemically altered. ...
OAIC concludes investigation into Precedent Communications
The OAIC has concluded its investigation into Precedent Communications following a massive data breach that rocked the Australian Red Cross Blood Service ...
ACCC's Enforcement and Compliance priorities for 2018
A number of industries and issues are in the spotlight following release of the ACCCs 2018 Enforcement and Compliance Priorities by ACCC Chairman Rod Sims on 20 February 2018 The financial services energy commercial construction and agriculture sectors will be a focus in 2018 as well as the ...