Fair Work Reforms Bring Certainty to Casual Employment

Recent reforms to the Fair Work Act 2009 (FW Act) offer greater certainty about the rights and obligations that govern casual employment. On 26 March 2021, the FW Act was amended to introduce: A new definition of casual em...

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If you go down to the woods today you are in for a big surprise – what’s hidden in the roll back of responsible lending bill currently before Parliament?

The National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 has been read a first and second time in the House of Representatives and has now been referred to the Senate Economics Legislation Committ...

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Directors’ liability for insolvent trading post COVID-19 – where do I stand?

Temporary measures which relieved company directors from personal liability for insolvent trading, enacted by the Federal Government in response to the COVID-19 pandemic, ceased on 31 December 2020.  Accordingly, from 1 January 2...

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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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