When mine is yours and yours is mine

In Commonwealth of Taxation v Bosanac (No 7) [2021] FCAFC 158, the Full Court of the Federal Court of Australia has delivered a judgment which is sure to impact on the acquisition of property in a matrimonial relationship and pote...

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No Jab, No Job! Refusal to Get Vaccinated held a Valid Reason for Dismissal

On 27 September 2021 the Full Bench upheld the dismissal of an employee who refused to get vaccinated. In Jennifer Kimber v Sapphire Coast Community Aged Care [2021] FWCFB the majority held that the employee's refusal to get vacci...

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Victorian Government launches new loans framework for councils

From 1 January 2022, Victorian councils seeking financial assistance will be able to take advantage of the new Local Council Lending Framework (new Framework). Under the new Framework, councils will have access to a low interest l...

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New breach reporting regime for holders of Australian Financial Services Licences and Credit Licences

Regulatory breach reporting is a concept that has been in and out of favour since the FSR reforms of twenty years ago.  After the introduction in March 2002 of the breach reporting obligation of Australian Financial Services Lice...

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Unfair contract terms reforms – Stronger unfair contract protections proposed for consumers and small business

The Australian Consumer Law and ASIC Act each contain identical provisions that give consumers and small business the right to have contract terms in standard form contracts declared to be void if they: cause a significant im...

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ASIC promises to initially “go easy” on enforcement of new laws affecting the financial services industry commencing early October 2021

The heading might well be regarded as an “oxymoron” but at least it is eye catching. The following law reforms commence in October 2021, affecting both financial services providers and providers of credit services: R...

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