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Tag: law
Louise Hird joins Therium Capital Management Australia
Therium Capital Management, a leading global provider of litigation finance, announced that Louise Hird has been appointed to the firm as an investment manager. Louise joins Therium from the Australian Competition and Consumer Commission (ACCC), where she was a director leading investigations focused on consumer…
Government seeks to clarify casual employment
The Australian Government has sought to clarify the rights and responsibilities of employers and employees in relation to the application of Australia’s workplace laws regarding casual employment.
Family and domestic violence leave amendments are a sensible legislative change to address an important community problem
“The family and domestic violence leave amendments to the Fair Work Act, that passed through Parliament, are a sensible legislative change to address an important community problem,” Australian Industry Group Chief Executive, Innes Willox, said.
Excessive and counterproductive energy market bill should not be rushed
“The Treasury Laws Amendment (Prohibiting Energy Market Conduct) Bill 2018 should not be rushed through the Parliament. It has not been subject to sufficient consideration and consultation; it unnecessarily goes well beyond the recommendations for market reforms in the ACCC’s recent report into improving energy…
Property services industry moves forward with electronic signatures
It will soon be possible to sign and witness documents, including contracts like residential agreements, electronically in a huge step forward for the property services industry, according to the Real Estate Institute of NSW.
Stapled structures and managed investment trusts
The Property Council of Australia has welcomed the Senate Economics Legislation Committee recommendation that legislative certainty for stapled structure arrangements be provided to the Australian commercial real estate sector.
Government intervention in WorkPac v Rossato casual employment case
“The WorkPac v Rossato Case, which was the subject of a hearing in the Federal Court, is important, but it does not reduce the need for urgent legislative intervention by Parliament to prevent double-dipping claims by employees who have been paid a casual loading,” Australian…
Industry welcomes Minister’s intervention in WorkPac Casual Employment case
“The Australian Industry Group (Ai Group) welcomes the Australian Government’s decision to intervene in an important Federal Court test case about casual employment, which is listed for an initial case management hearing before the Federal Court. The WorkPac v Rossato case is separate to the…
Small and medium businesses hit hard by WorkPac v Skene casual ‘double-dipping’ decision – Parliament needs to act
“An analysis of Australia’s casual employee workforce highlights the potentially devastating impact of the Federal Court’s decision in the WorkPac v Skene case on small and medium businesses,” Australian Industry Group Chief Executive, Innes Willox, said.
Removing the $450 SG Threshold adds to employment costs and does not deliver commensurate benefits
“Further analysis of the Federal Opposition’s proposed change to the Superannuation Guarantee shows that it will add much more to employer costs than it will add to the retirement incomes of women,” Innes Willox, Chief Executive of the Australian Industry Group said.
ASIC extends relief for foreign financial services providers
ASIC has extended to 30 September 2019 licensing relief for foreign financial services providers (FFSPs) to allow them to provide financial services to Australian wholesale clients without needing to hold an Australian financial services licence.