From www.aicd.com.au: The ALP government has been re-elected with its strongest House of Representatives majority since 1943, allowing for a more ambitious long-term policy approach focused on productivity and climate change.… read more
From www.claytonutz.com: The Full Federal Court clarified the concept of “apparent possession” under the Personal Property Securities Act 2009 (Cth), ruling that it is determined from the perspective of a hypothetical observer within viewing distance of the collateral rather than from a general public viewpoint.… read more
From asic.gov.au: ASIC reminds small business directors of their legal obligations to manage company money and assets appropriately, noting that misuse can harm creditors and lead to company failure.… read more
From www.aicd.com.au: The Australian Institute of Company Directors and the Governance Institute of Australia have updated their Joint Statement on Board Minutes, dealing with minute-taking in the context of increasing AI usage.… read more
From www.abl.com.au: James Hardie agreed to acquire Delaware company Azek by issuing 35% of its shares without seeking shareholder approval, leading to significant backlash.
This situation highlights a need for changes in the ASX Listing Rules to better balance corporate governance and investor protection.… read more
From gtlaw.com.au: APRA and ASIC have released updates on capital adequacy and regulatory roadmaps, highlighting enforcement priorities and surveillance activities.
AUSTRAC’s ‘Use it or lose it’ initiative targets inactive digital currency exchanges to maintain sector security.… read more
From mdl.com.au: ‘Section 459H provides a safeguard for companies facing potentially unfair or invalid statutory demands, while the affidavit in support serves as the essential tool for raising and substantiating any challenges.’… read more
From asic.gov.au: ASIC has imposed additional conditions on Macquarie Bank Limited’s financial services licence due to multiple significant compliance failures in its futures dealing and OTC derivatives trade reporting, some of which were undetected for years.… read more
From www.cbp.com.au: The eleventh edition of a quarterly newsletter focusing on digital governance, cyber incidents, and privacy developments as of April 2025.
This edition includes a roundup of recent news and updates in these sectors within Australia and globally.… read more
From www.aicd.com.au: Australia’s $20 billion childcare sector faces systemic failures and regulatory issues, leading to calls for reform and an inquiry into the NSW regulator’s performance.… read more
From corrs.com.au: Arbitration is increasingly favoured over courts for resolving financial services disputes globally due to its confidentiality, procedural flexibility, and enforceability.
In Australia, arbitration remains underutilised in financial services, prompting calls for greater awareness and adoption.… read more
From pcllawyers.com.au: Rent reviews in commercial and retail leases adjust rents to reflect market conditions, using annual increases or market rent reviews.
Independent valuations can play a role in resolving disputes over proposed rent changes.… read more
From www.khq.com.au: The Australian Privacy Commissioner is actively advancing data privacy enforcement with new powers and a focus on education, aiming to enhance compliance and adapt to rising public expectations.… read more
From www.russellkennedy.com.au: The County Court of Victoria ruled in Horgan v Equi Ventures Pty Ltd that an equestrian business constituted “the retail provision of services,” thus classifying the lease as a retail lease under the Retail Leases Act 2003.… read more
From gtlaw.com.au: ASIC has disqualified a NSW director for five years due to involvement in failed companies and improper actions, emphasizing the need for compliance with tax and solvency laws.… read more