New laws target misuse of market power
Two significant legislative amendments to Australian competition law have passed Parliament following recommendations from the 2015 Harper Competition Policy Review.
23/10/2017
New safe harbour provisions for company directors – Things you need to know
A new clause in the Corporations Act establishes a safe harbour for company directors against personal liability for insolvent trading in certain prescribed circumstances.
& 10/10/2017
Standard form contracts with small businesses – users beware
The Australian Competition and Consumer Commission has provided protection for small businesses from unfair contract terms in business-to-business standard form contracts. Find out what types of clauses have been affected by the changes and are likely to raise concerns under the unfair contract terms law.
26/09/2017
The Insolvency Law Reform Act 2016 (Cth) – how it is being implemented in practice
Although some provisions of the Insolvency Law Reform Act 2016 (Cth) did not come into effect until 1 September 2017, recent cases demonstrate that the courts have found certain deferred provisions apply from 1 March 2017.
12/09/2017
Potato, potahto, plebiscite, survey – will we call the whole thing off?
The Federal Government’s plans to give Australians the right to vote on legalising same-sex marriage has changed from a compulsory plebiscite to a voluntary postal survey. Find out what this change means for marriage equality in Australia.
29/08/2017
Are you eligible to join the class action against the makers of the Nurofen Specific Pain range?
The recent class action issued against pharmaceutical company Reckitt Benckiser, the makers of Nurofen Specific Pain range of tablets, is an example of how class actions can be used to take legal action on behalf of a larger group of persons in relation to a common dispute or injury.
15/08/2017
To Park or not to Park: The Towing Industry in Queensland
In May 2017, the Queensland Government announced a three-month inquiry into the towing industry and the removal of parked vehicles from publicly accessible private carparks and private roads that are not currently covered by the existing legislation. This article outlines the law as it currently stands in Queensland.
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01/08/2017
Understanding which unregistered interest has priority under a credit agreement in the event of default or liquidation
When supplying goods or services to a customer on credit, it is important for businesses to be aware of the circumstances in which competing unregistered interests may have priority should a customer’s assets be unable to cover all debts to all creditors in the event of liquidation.
& 18/07/2017
Differences between the Queensland and NSW conveyancing process
While buying and selling property across Australia generally follows the same process, there are some substantial differences in the conveyancing process in Queensland and New South Wales that buyers and sellers should be aware of when transferring ownership of property in either state.
& 04/07/2017
New changes to foreign resident capital gains withholding tax
New changes to the foreign resident capital gains withholding regime apply to certain taxable property transactions within Australia. These include new obligations on buyers and sellers of real property for contracts entered into from 1 July 2017.