Update | Banking and Finance | February 2019

In this issue Royal Commission releases its final report Mutual sector announces review of Customer Owned Banking Code of Practice Banks have until July 2019 to comply with new Banking Code of Practice AFCA and the s...

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An Update on the New GST Withholding Regime for the Sale of Residential Premises

On 1 July 2018, the Treasury Laws Amendment (2018 Measures No) Bill 2018 came into effect. The Bill introduced changes affecting both vendors and purchasers of all residential property. It is particularly relevant to the sale a...

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National Mortgage Form About to be Rolled Out

The development of the National Mortgage Form (NMF) by the Australian Registrars National Electronic Conveyancing Council (ARNECC) has been in development for many years. It is hoped the implementation of the NMF will simplify th...

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Nuclear Energy and Waste in Australia

Australian law currently prohibits nuclear power generation. The only use of nuclear technology in Australia is for medical and research purposes. Australia's only nuclear facility operated by the Australian Nuclear Science and T...

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Australian Border Force 2018 Customs Compliance Priorities

The Australian Border Force has released a statement setting out its compliance priorities for 2018. While each importer and exporter will have its own unique risk areas, the statement by ABF highlights the areas that should be gi...

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ASIC Survey Highlights Lack of Transparency in the Determination of Interest Rates

On 1 June 2017, ASIC released the results of its survey of marketplace lending providers. The report gives an interesting overview of the marketplace lending industry in Australia - in particular, its structure and size. In paragr...

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