From williambuck.com: Virtual and hybrid AGMs have become essential for companies to engage with members and meet governance obligations, particularly since the COVID-19 pandemic.
These formats enhance accessibility for participants across different locations, allowing for greater attendance and participation, especially from international stakeholders.… read more
From www.aicd.com.au: Directors should adopt a strategic approach to utilizing carbon credits and renewable energy certificates (RECs) as part of their corporate climate transition plans, particularly in high-energy-demand sectors.… read more
From allens.com.au: The NSW Court of Appeal ruled that letters of comfort don’t make a company liable for debts admitted by a liquidator.
Liquidators’ admissions can’t create new company liabilities or change existing ones.… read more
From www.holmanwebb.com.au: Under the Spam Act 2003 (Cth), businesses cannot send unsolicited commercial electronic messages without prior consent from the recipient, with both express and inferred consent being acceptable.… read more
From gtlaw.com.au: ASIC has taken legal action against Wiluna Mining Corporation Limited for alleged disclosure breaches, while Clorox Australia faces significant penalties for misleading environmental claims.… read more
From gtlaw.com.au: Treasury announced draft regulations for a new merger notification regime, introducing thresholds and forms that will become mandatory by 2026.
Large supermarkets must notify regardless of thresholds, with a public register tracking notified acquisitions.… read more
From sladen.com.au: The Victorian Supreme Court’s decision in Sec New Line Pty Ltd v Muffin Break Pty Ltd affirmed that franchisors have limited obligations to communicate lease issues to franchisees, specifically regarding the non-renewal of lease agreements.… read more
From www.aicd.com.au: A recent Federal Court case involving the Pacific Current Group highlighted the successful application of the business judgment rule as a defense against allegations of breach of directors’ duties during a merger.… read more
From www.holdingredlich.com: On 25 February 2025, the Fair Work (Road Transport Industry Termination Code) Instrument 2024 took effect, mandating a process for terminating regulated road transport contractors, providing protections against unfair termination.… read more
From asic.gov.au: ASIC has filed a lawsuit against Hollard Insurance, alleging serious claim handling failures regarding a home insurance claim from a couple in regional Victoria that took nearly three and a half years to resolve.… read more
From piperalderman.com.au: Australia is tightening regulations regarding psychosocial risks in the workplace due to rising WorkCover claims related to mental health conditions, which are the most costly injury claims.… read more
From www.accountantsdaily.com.au: A recent court decision highlights the importance of obtaining written consent from directors prior to their appointment, as mandated by section 201D of the Corporations Act.… read more
From financialnewswire.com.au: The Financial Advice Association of Australia has expressed concerns over the Australian Financial Complaints Authority’s authority to establish standards related to elder abuse in financial services.… read more
From www.bartier.com.au: Recent amendments to the Work Health and Safety Act 2011 (NSW) have increased penalties for individuals and corporations failing to ensure a safe workplace in the high-risk construction industry, with Category 1 offences now carrying maximum penalties of up to $10.8 million for corporations.… read more
From www.bartier.com.au: Significant changes to the NSW Residential Tenancies Act 2010 will restrict landlords’ rights regarding residential tenancy agreements, focusing on three main areas: rent payments and increases, terminations, and pet ownership.… read more