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What's ahead for home loans in 2019
Insight 20 Dec 2018

Allens has written over the course of this year, the Royal Commission will bring and in fact already has brought monumental changes both in how banks are regulated and to the actual laws that apply ...

Comments invited on proposed retirement income product disclosure
Insight 20 Dec 2018

Treasury has released a consultation paper on a new proposed simple standardised product disclosure document as part of the Federal Governments framework for Comprehensive Income Products for Retirement ...

Allens advises on financing for Edify's Koorangie Energy Storage System
News 30 Oct 2023

Development of the 185 MW / 370 MWh KESS represents a major step towards reducing reliance on coal and gas generators to provide system strength for the Victorian grid. It is expected to increase t ...

Breach reporting update: reducing the regulatory burden on licensees
Insight 25 Oct 2023

ASIC has made some helpful amendments (the Instrument) to AFS and credit licensees’ obligations regarding certain breach reporting under the reportable situations regime (the Regime). These upda ...

Big changes incoming: consultation opens on amendments to the PPSA
Insight 19 Oct 2023

The Federal Government has invited public consultation on its proposed changes to the Personal Property Securities Act 2009 (Cth). The changes are extensive, and will implement most of the 394 recommendations from the 2015 Whittaker Review. ...

Corporate trustees: no fiduciary duty owed by a successor trustee to its predecessor
Insight 17 Oct 2023

A recent New South Wales Court of Appeal judgment has resolved a difficult question concerning the law of corporate trustees, and serves as a practical reminder of the difficulties faced, in particular, by insolvency practitioners appointed to insolvent former trustees. ...

Allens advises GPT Group on the expansion of its funds management platform to a portfolio of Australian and NZ student accommodation assets
News 16 Oct 2023

'This marks a significant expansion of GPT's funds management platform and we congratulate GPT on the successful addition of the Australian and NZ student accommodation portfolio to its platform,' ...

Allens advises Bendigo and Adelaide Bank on the sale of Bendigo Superannuation Pty Ltd to Betashares
News 05 Oct 2023

Bendigo Superannuation Pty Ltd is a wholly owned subsidiary of the Bank, and trustee and issuer of Bendigo SmartStart Super and Bendigo SmartStart Pension products, which are part of the Bendigo ...

Part 1 – Detailed Analysis of CPS 230 and comparison with existing standards
Insight 10 Aug 2023

Operational risk has been a headline issue in the superannuation, insurance and banking industries over recent years, so it is no surprise to see APRA sharpening its focus on operational resilience with the release of a new draft prudential standard, CPS 230. In this Insight we provide an overview of CPS 230 and what it will mean for you. ...

Allens advises RBA on Central Bank Digital Currency pilot
News 24 Aug 2023

The use of the pilot CBDC was tested by approved market participants in a diverse set of use cases, with the goal to understand potential business models, use cases and economic benefits, as well a ...

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