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Retail banking and responsible lending during COVID-19
Insight 06 Apr 2020

The sudden and unknown nature of COVID-19 has triggered a global economic shock, and disrupted Australia's economy. As we enter a national state of economic 'hibernation', banks and lenders are ...

Resources sector regulation – the Productivity Commission's call for reform
Insight 03 Apr 2020

The Productivity Commission has released its draft report on resources sector regulation and, if implemented, its recommendations have important implications for the sector. In particular, the repo ...

Raising equity in a COVID-19 environment
Insight 02 Apr 2020

This Insight: provides commentary on matters Boards, supported by management, may wish to consider in raising equity; makes some observations about what we are seeing in the market to date or expect to see; and outlines some of the recent regulatory changes in light of COVID-19. ...

Toksave – PNG regulatory update: Covid-19 and state of emergency in PNG; Income Tax Act rewrite; Kumul submarine cable network and other developments
Insight 02 Apr 2020

First case of Covid-19 and state of emergency announced in PNG; significant proposed changes to Income Tax Act; Phase 2 of Kumul submarine cable network project initiated; and new tariffs and servi ...

Joint ASIC and APRA letter to superannuation trustees, on the impact of COVID-19
Insight 02 Apr 2020

It has been a week since we published our first article on the impact of COVID-19 on superannuation. Since then, we have continued to witness (from home) the turmoil caused by the virus, both in ...

COVID-19: a work health and safety perspective
Insight 01 Apr 2020

The progression of COVID-19 continues at pace and businesses are facing an array of challenges and difficult decisions. While there are a number of issues for businesses to work through at this time, this article touches on the key work health and safety (WHS) duties employers need to be aware of. ...

COVID-19: Government planning to subsidise wages
Insight 01 Apr 2020

The Federal Government announced on 30 March 2020 a wage subsidy in the form of a Job Keeper Payment to assist businesses and employees as part of its third economic stimulus package, 'business hibernation' COVID-19 response. ...

Hospitality Industry Award varied to include COVID-19 flexibility schedule
Insight 01 Apr 2020

On 24 March 2020, the Fair Work Commission varied the Hospitality Industry (General) Award to introduce temporary changes in response to COVID-19, following government orders to shut down various parts of the hospitality industry. The changes to the Hospitality Award allow employers to require employees to perform other duties, including to perform work across classifications, provided it is safe to do so and the employee has the necessary license and qualifications. ...

Fair Work Commission agrees to vary the Clerks Award in light of COVID-19
Insight 01 Apr 2020

On Saturday 28 March 2020, the Fair Work Commission introduced temporary changes to the Clerks – Private Sector Award in response to the impacts of COVID-19 on clerical and administrative employees. An employer can now agree (in writing, including by email) with an individual employee to reduce the employee's hours (including by more than 25%) or to move the employee temporarily from full-time to part-time hours of work, and reduce their pay proportionately. ...

FWC considers unfair dismissal procedural requirements
Insight 01 Apr 2020

The Full Bench of the Fair Work Commission (FWC) has ordered a case be reheard after it was found that adequate consideration was not given at first instance to whether a dismissed employee had been notified of, and given an opportunity to respond to, a valid reason for his dismissal. ...

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