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The Australian Prudential Regulation Authority (APRA) recently released a package of governance measures for banks, and general and life insurance companies.
Liquidators were appointed as administrators of the companies on referral from the Mawson Group, a business advisory and restructuring firm that services distressed companies.
The Unsolicited Proposal Guideline provides a framework for the government’s assessment and implementation of infrastructure proposals that originate directly from the private sector.
The federal government has released the final report of the Productivity Commission’s inquiry into the National Access Regime.
The ALRC Final Report into Copyright and the Digital Economy is now publicly available, having been tabled in Parliament on 13 February 2014.
Online reviews present a risk for businesses as they may engage in misleading or deceptive conduct in contravention of the Australian Consumer Law.
If you have paid duty on the extension of a deferred note purchase financing arrangement, you may be entitled to a refund of the duty.
A further tranche of tax legislation to exempt ‘IMR foreign funds’ from Australian income tax has been released for public comment.
The fallout from controversial trades in David Jones (DJs) shares and a rejected merger proposal have escalated, with the chairman and two other directors stepping down from the DJs board.
This briefing provides a summary of key trends in each jurisdiction is supplemented by detailed case overviews across each Australian jusrisdiction.
David Jones’ announcement that it received a merger proposal from Myer last year has received considerable media coverage.
The Australian government has released a consultation draft of a bill concerning amendments to the Future of Financial Advice (FOFA) regime.
Governance News from Minter Ellison summarises the top headlines in corporate governance this week.
From January to December 2013, the ATO/Commonwealth achieved an approximately 75 per cent success rate in tax litigation.
Further tranches of draft rules under the Public Governance, Performance and Accountability Act 2013 have been released for consultation by the Department of Finance.
The NSW government has announced a review of the Retail Leases Act 1994 and invited stakeholders to make their submissions by 7 February 2014.
On 28 December 2013, the Standing Committee of the National People’s Congress announced the fourth set of amendments to the PRC Company Law.
ASIC issued Class Order [CO 13/1621] on 7 January 2014 to exempt responsible entities from the application form requirements of section 1016A.
Lessons from the Julstar decision and government position on penalties for Franchising Code breaches
The decision highlights the importance of exercising caution in making pre-contractual representations and documenting those representations prior to entering into an agreement.
Corporates and investors have access to capital again and are more willing to consider growth by acquisition. The financial services sector has been particularly active.