The Treasurer has now released draft legislation for the new Australian merger control regime, which will come into effect on 1 January 2026, subject to the legislation’s passage through Parliament.
Employers and other persons conducting businesses or undertakings (PCBUs) in NSW have – since 1 October 2022 – been required to include psychosocial hazards in their assessment of workplace hazards...
The Federal Court last week handed down its decision in Australian Securities and Investments Commission v Firstmac Limited [2024] FCA 737. ASIC was successful in its claim that Firstmac Limited...
Usually who serves on the board of a listed company is a matter for the company itself and others, including the courts, only rarely intervene. That’s why the Takeovers Panel’s order requiring...
Regulators are grappling with the challenges posed by AI, and where to strike the regulatory balance. Submissions to the Australian Senate Committee tasked to consider AI reveal some of the key...
The Full Court of the Federal Court of Australia has dismissed an application made by Optus for leave to appeal the first instance decision by Justice Beach. In this article, we consider the key...
The recent decision of the Federal Court in relation to proceedings brought by ASIC against iSignthis Limited and its former Managing Director and CEO, Mr Nickolas Karantzis highlights that a...
The Full Federal Court has handed down its much-anticipated decision in PepsiCo, Inc v Commissioner of Taxation [2024] FCAFC 86, overturning the decision of the Federal Court.
Under changes to the Fair Work Act 2009 (Cth) (which were part of the Closing Loopholes amendments) enterprise agreements voted on by employees on or after 1 July 2024 must include a term regarding...
The goal of uniformity for Australian defamation law is set to fall short again as a majority of jurisdictions fail to meet their own timeline for the proposed model Stage 2 defamation law reforms.
Welcome to Digital Bytes, our latest quarterly update on current developments in cyber, privacy and data governance.
Welcome to the Winter edition of Above Board – our quarterly roundup of key developments in governance for board members and their advisers.
As the Australian Institute of Company Directors (AICD) notes in its recently released Not-for-Profit Governance Principles (Third Edition) (Principles), there are approximately 600,000 not-for...
In two recent class actions by shareholders against Commonwealth Bank of Australia Limited, the Federal Court was asked whether, and if so when, CBA should have disclosed that its non-compliance...
A Concise Statement released by the Office of the Australian Information Commissioner (OAIC) this week provides important insights into the OAIC’s security expectations in relation to large...
The High Court of Australia has upheld the New South Wales Court of Appeal decision that foreign state immunity extends to a national airline subject to a winding up proceeding. The High Court held...
Despite macroeconomic uncertainty and a slowdown in leveraged buyouts, M&A activity continues to play a critical role in unlocking value in the tech industry. In this article, we discuss four key...
In a landmark move, the Australian Information Commissioner has filed civil penalty proceedings against Medibank in connection with a data breach.
The Victorian Commercial and Industrial Property Tax Reform Act 2024 (Vic) (CIPT Act) passed both houses of Parliament and received royal assent on 21 May 2024.
In a long-awaited development, a report from Dr Kevin Lewis, former ASX chief compliance officer, was quietly tabled in Parliament last week, some three months after it was delivered to the Federal...
The revelation this month of another major cyberattack in Australia – this time a ransomware attack on electronic prescription provider MediSecure – has many board and C-suite members re-examining...
What does the Federal Budget mean for corporate taxpayers? Now that everyone has had time to wade through the media reporting, we bring you our commentary.
The Australian Government has announced that it will bring forward legislation to address doxxing in August 2024. It has not released information on what those reforms will cover. Options...
In response to market feedback, ASX has released a useful data breach example to be included in its Guidance Note 8 on Continuous Disclosure, which will take effect from 27 May.