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Government introduces the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020
The government yesterday introduced into Parliament the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020 to implement a large number of the Hayne Royal Commission recommendations. Many provisions have a start date of 1 January 2021, and some don't have a transition period. ...
Down-scheduling CBD and growing Australia's cannabis industry
The Therapeutics Goods Administration is proposing amendments to the Poisons Standard to permit pharmacists to sell low-dose cannabidiol (CBD) products without a prescription. Businesses intending to import, manufacture and supply cannabis products in the Australian market should monitor these developments closely. ...
Allens and Urbis urge action on build-to-rent
According to the report, Australia must strike now if it is to unlock the full potential of BTR, which could not only play a key role in Australia's economic recovery from COVID-19, but could addre ...
Build-to-rent: stimulating recovery, ensuring resilience
Build-to-Rent (BTR) helps drive economic productivity, and with the right government intervention, could not only play a key role in Australia’s economic recovery from COVID-19, but also ensure the future liveability and resilience of our cities. ...
Foreign influence – from education to enforcement
A heightened risk of foreign interference and a shift towards enforcement of the new foreign influence and interference legislation means it is now critical to consider any compliance risks your business may face. ...
Privacy Act Review – what you need to know
We consider the key implications arising from the Attorney-General's long-awaited review of the Privacy Act - a key part of the Government's response to the ACCC's Digital Platforms Inquiry. The review seeks to strengthen privacy protections for individuals and streamline compliance for businesses working across international borders. ...
Nucleus – corporate law developments: ASIC concludes stub equity consultation; FIRB amending legislation introduced; FIRB updates guidance on tax conditions; proposal to make electronic signing and virtual meetings permanent; and other corporate law developments
ASIC concludes position on use of stub equity in control transactions; ASX extends emergency class waivers and clarifies ability to ratify use of additional placement capacity; FIRB amending legislation introduced to Parliament; FIRB updates guidance on tax conditions; ACCC to examine competition in mobile apps; Fair Work Commission extends temporary COVID-19 flexibilities in 99 modern awards; Federal Government proposes to make electronic signing and virtual meetings permanent. ...
Allens advises TransGrid on $61.9M Wallgrove Grid Battery
The battery will be designed, constructed and maintained by Tesla, with dispatch control provided to Infigen as part of a 10-year services agreement for energy arbitrage and Frequency Control ...
Allens launches legal accelerator in partnership with Collective Campus
Auctus – Allens Legal Accelerator is seeking startups with solutions to two identified challenges: contract creation and management; and risk assessment and compliance. Solutions may include, but ...
Copyright in the Aboriginal flag
A Senate Select Committee established to look into the flag's copyright and licensing arrangements recently rejected an approach that would that would see the Government compulsorily acquire the copyright of an Aboriginal artist. ...