Debt Management and Credit Repair Companies will soon be required to hold an Australian Credit Licence

The Government announced in September last year its intention to require providers of debt management companies to hold an Australian Credit Licence in order to carry on their businesses. Treasury has just finished consulting o...

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Government consults on exemptions to deferred sales model for add on insurances

On 10 December 2020 Parliament passed the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020, which included, amongst other changes, the establishment an industry-wide deferred sales model (DSM) for add-on insur...

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Updates to director resignation provisions under the Corporations Act

Section 203A of the Corporations Act 2001 (Cth) (a replaceable rule) provides that a director may resign by giving written notice of the resignation to the company at its registered office. For companies with a Constitution, most ...

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COVID-19 Vaccines – Critical Questions for your Workplace

Guidance for the vaccine roll out in Australian workplaces was released by the Federal Government on 19 February 2021.  This took place via a media release from Christian Porter, Minister for Industrial Relations and updated guid...

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Federal Treasurer announces extension of measures relating to virtual AGMs and signing and sending electronic documents

The temporary COVID-19 exemptions regarding virtual AGMs and signing and sending electronic documents has been extended until 15 September 2021, Federal Treasurer the Hon Josh Frydenberg MP has announced. Importantly, the an...

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Further Extension of COVID-19 rent relief scheme in Victoria – update

Extension On 14 December 2020, the Victorian Small Business Commission confirmed that the Victorian Covid-19 rent relief scheme for retail and commercial leases, which was due to expire on 31 December, would be further extended t...

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