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Update: ASIC releases report on its review of low doc lending (report 410)
ASIC recently released report 410 on its review of low doc home lending following the introduction of responsible lending obligations.
National firm expands its 'local' reach
From 1 November 2014, the national Hunt & Hunt Legal Group will add Brisbane-based Nicholsons Solicitors into its national network, extending the range of services to clients across practice and geographical boundaries.
2. Improved resource recovery exemptions: supplier and user obligations simplified
From 1 November 2014 new regulations will replace all general and specific exemptions under the 2005 Regulations with Resource Recovery Orders (for suppliers) and Resource Recovery Exemptions (for users). The aim is to make exemptions and requirements less ambiguous, particularly in relation to supplier versus user obligations. Waste operators relying on resource recovery exemptions should be aware of the changes to the regulatory framework.
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