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Finkel Review - Electricity: Design for a market in transition
Insight 18 Jul 2017

In the fifth of our series analysing the Finkel Review we look at signals for new investment in the National Electricity Market The Reviews responses to this issue reject sweeping changes to the wholesale market structure but call for more immediate and targeted measures to support the transition of ...

Is it finally safe to eat frozen berries?
Insight 25 Jul 2017

The frozen berries contamination scare that unfolded in 2015 and its 2017 repeat has exposed a regulatory gap at the Australian border. That incident has prompted the introduction of the Imported Food Control Amendment Bill 2017 which, if enacted, will amend the Imported Food Control Act 1992 (Cth). ...

Spotlight: Cyber breach at Yahoo
Insight 16 Oct 2017

2016 was the Year of the Data Breach for Yahoo, as it announced three separate and significant data breaches. Although the consequences of these breaches are still unfolding, the financial cost to Yahoo is already significant – in 2017, Verizon slashed the price of its deal to buy Yahoo by US$350 mi ...

Spotlight: Cyber breach at Target
Insight 05 Sep 2017

There's a joke in the cyber security industry that there are two types of companies: those that know they have been hacked, and those that haven't yet found out. In November 2013, Target Corporation in the US learned this the hard way when it was told by law enforcement agencies that it had been sub ...

Why we need to do more to fix our class action regime
Insight 03 Oct 2017

The Victorian Law Reform Commissions inquiry into litigation funding and group proceedings provides an important and timely opportunity to reflect on the current operation of our class action regime The regime recognises and was designed to balance competing interests We believe more can be done to ...

Implications of High Court ruling for mining lease applications in WA
Insight 23 Aug 2017

The High Court has found the mining warden did not have jurisdiction to hear applications for mining leases over certain Minderoo pastoral holdings, because they were not accompanied by either a mining proposal or a mineralisation report. ...

Stamp duty and land tax developments - Victoria and Northern Territory
Insight 18 May 2017

Victoria is proposing to limit its off-the-plan duty concession; extend the scope of its sub-sale duty provisions; and introduce a vacant residential property tax ...

Rising from the ashes - Treasury seeks input on combating illegal phoenix activity
Insight 06 Oct 2017

Keeping up the momentum from the recent passing of its insolvent trading safe harbour and ipso facto legislation the Federal Treasury has released a consultation paper containing a package of reforms to deter and disrupt illegal phoenix activity Partner Alf Pappalardo and Lawyer Belinda Hennessy ...

FX global code update
Insight 04 Oct 2017

The FX Global Code was launched in Australia earlier this year and applies to market participants including most financial institutions bank asset managers brokers and E-trading platforms The Code sets out 55 best practice principles and although compliance is voluntary it is expected that these ...

LNG destination clauses under scrutiny by Japanese competition regulator
Insight 07 Sep 2016

Part of the Japanese Ministry of Economy Trade and Industrys strategy for LNG market development which aims to achieve stability in LNG supply and lower prices is to abolish or relax destination clauses with the view that this would lead to lower prices through increased reselling and arbitrage ...

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