This edition of the Gadens’ Regulatory Recap highlights recent developments from ASIC, APRA, OAIC, ACCC, RBA and Treasury, including various enforcement actions taken by the regulators. Parliament Parliament passes FAR Bill: After almost two years in Parliament the Financial Accountability Regime Bill 2023 (FAR) has passed both houses. FAR will replace the Banking Executive Accountability Regime […]
ReadmoreIn this edition of FMCG Express we consider the practicalities of implementing UCT regime required changes, recent ACCC enforcement activity and consider what risks ‘greenwashing’ can pose for our clients. We also touch on employer obligations regarding psychosocial safety and hazards, the Retail Award and other legislative changes. Partner Breanna Davies and the Gadens team […]
ReadmoreThe Therapeutic Goods Administration (TGA) has recently had to make amends after releasing information about surgical face masks sponsored by M House Pty Ltd (M House) without authority under the Therapeutic Goods Act 1989 (Cth) (Act). The Australian Register of Therapeutic Goods (ARTG) saw a rapid rise of medical device inclusions in the wake of […]
ReadmoreThe August edition of the Queensland Corruption and Integrity Update covers updates from recent estimates hearings and an update on the Integrity and Other Legislation Amendment Bill. Estimates update State Development and Regional Industries Committee The State Development and Regional Industries Committee estimates hearing took place on 2 August 2023. The Office of the Independent […]
ReadmoreThe Fair Work Commission (FWC) announced changes to the Professional Employees Award 2020 (PE Award) in relation to coverage of employees, overtime, penalty rates and associated record keeping obligations in March 2023. Whilst changes to coverage provisions took effect earlier this year, remaining changes are due to commence on 16 September 2023. Overview From 16 September 2023: some […]
ReadmoreThis edition of the Gadens’ Regulatory Recap highlights recent developments from ASIC, APRA, OAIC, ACCC, RBA and Treasury, including various enforcement actions taken by the regulators. ASIC ASIC welcomes appointment of three Commissioners: The Australian Securities Investments Commision (ASIC) has announced the appointment of three Commissioners to further strengthen their team. The newly appointed Commissioners […]
ReadmoreThe remote work trend has caused many employers to struggle to adapt how they monitor productivity. Employers are increasingly utilising software to track employee output, including keystroke monitoring software (i.e. software applications that record the number of individual keystrokes typed on a keyboard, as well as mouse movement, over time). The Fair Work Commission (Commission) […]
ReadmoreThe City of Melbourne (Council) has proposed the Future Streets Framework (Framework). The Framework seeks to implement the strategic directions of the Transport Strategy 2030, which seeks to reallocate more space to people walking and cycling in the Melbourne CBD, reduce central city through-traffic and transform precincts around major transport interchanges into pedestrian thoroughfares. New […]
ReadmoreThis edition of the Gadens’ Regulatory Recap highlights recent developments from ASIC, APRA, AFCA, OAIC, ACCC, RBA, AUSTRAC and Treasury, including various enforcement actions taken by the regulators. ASIC ASIC extends transitional relief for 12 months for foreign financial services providers: ASIC is, again, extending transitional relief for foreign financial services providers (FFSPs) for a […]
ReadmoreIt is well established policy now enshrined under the Building and Construction Industry Security of Payment Act 1999 (NSW) (SOPA) that for the construction industry to remain sustainable, subcontractors and suppliers must have regular and reliable access to cashflow. Aside from limited circumstances[1], the risk of insolvency (of either party) rests with the payor (recipient […]
ReadmoreIn a recent decision by the Federal Circuit Court of Australia, an employer has been required to pay $93,500 in compensation to a former employee whose employment was terminated as a result of a complaint he made against the CEO of the company. The employee, Joseph Noonan, successfully argued that his former employer, Advent Security […]
ReadmoreThis edition of the National Integrity Spotlight considers the Senate inquiry into consulting services, the latest updates from the National Anti-Corruption Commission (NACC), recent Australian Federal Police operations, the Australian Institute of Criminology report into cybercrime, the Fraud and Corruption Plan issued by the Department of Health, and recent Australian Electoral Commission (AEC) proceedings. We also […]
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