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Round 1: Experiences with consumer lending practices
Issues 10 Feb 2019

In the Final Report, the Commissioner has found that, for the most part, whilst the legislative tools necessary to protect borrowers are already available, there have been significant shortcomings in their application and enforcement. ...

Payments regulation reform update: the Government consults on the regulation of payment service providers
Insight 19 Dec 2023

The Treasury recently published a further consultation paper in connection with its proposal to introduce a new licensing framework for payments-related activities. It refines and clarifies the proposals in the previous consultation paper published in June 2023. ...

Australian Treasury commences consultation on possible changes to Australia's merger clearance rules
Insight 14 Dec 2023

Possible changes to Australia's merger control rules have been on the table for some time and are now being considered by a Competition Taskforce within the Australian Treasury. On 20 November 2023, the Taskforce issued a consultation paper on possible merger clearance changes. ...

Allens advises Pacific Equity Partners on FirstCape investment
News 14 Dec 2023

The proposed transaction sees PEP acquire a 35% stake in FirstCape, with NAB and Jarden Wealth retaining shareholdings of 45% and 20% respectively. Allens advised on all Australian law aspects of t ...

FIRB fee changes aimed at increasing affordable housing supply
Insight 11 Dec 2023

On 10 December 2023, the Federal Government announced changes to the Foreign Investment Review Board residential land fee rules, designed to 'improve housing affordability and supply'. ...

The Federal Government issues its final response to the Quality of Advice review
Insight 07 Dec 2023

The Federal Government has provided its final response to the Quality of Advice review, as part of its 'Delivering Better Financial Outcomes' package of reforms. ...

Allens advises Great Barrier Reef Foundation on investment to protect reef biodiversity
News 06 Dec 2023

The investment will help fund the development of an innovative method of calculating the value of coral reef biodiversity, which is expected to stimulate a market for nature rehabilitation and spur ...

Allens advises on sale of Honan Insurance Group to Marsh
News 05 Dec 2023

'We are pleased to have worked with TA Associates on this sale to a global strategic buyer which demonstrates that good assets can still be traded, despite continuing caution around the M&A market, ...

Treasury consults on the retirement phase of superannuation
Insight 05 Dec 2023

The government has released a discussion paper which seeks industry and community views on how the superannuation system can best provide the security and income Australians need in retirement. ...

More than just window shopping: unboxing recent M&A activity in the Australian retail sector
Insight 04 Dec 2023

From 'just browsing' to buying In this Insight, we look at recent M&A trends in the consumer and retail sector, which has not escaped the challenging economic environment. We also highlight some key legal considerations for targets and investors looking at consumer and retail M&A transactions. ...

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