PPS proposed law reform

On 22 September 2023, the Australian Government released its response to the 2015 statutory review of the Personal Property Securities Act 2009 (Cth)("PPS Act") and regulations ("PPS Regulations"), known as the "Whittaker Review."...

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90 days to the new Unfair Contract Terms Regime: Update for Financial Services Providers

With only 3 months until the Unfair Contract Terms reforms take effect, time is running out for the financial services sector to review standard form contracts for terms that might be deemed unfair. The reforms were enac...

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The Most Common Questions about Wills and Estates

Writing a Will and planning for the distribution of your assets after your death is an essential part of responsible financial management. While it may not be the most pleasant thing to think about, having a comprehensive estat...

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RG 78 Breach Reporting by AFS licensees and credit licensees: ASIC updates guidance on Reportable Situations Regime April 2023

Since amendments in October 2021 the reportable situations (formerly referred to as breach reporting) regime for AFS and credit licensees has become both broader in its reach and more complex in its operation. Implementation of th...

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Modernising Australia’s anti-money laundering and counter-terrorism financing regime

Tranche-two : New AML/CTF Regulations for Lawyers, Accountants, Real Estate Agents The Commonwealth Attorney-General's department is consulting on long-awaited reforms to modernise Australia's AML/CTF laws. The consultation paper...

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Can Step-Children contest a Step-Parent’s Will in Victoria?

Blended families are becoming more common where there are children from previous relationships. Rights of stepchildren vary slightly across each state in Australia. Who is considered a step-child? In Victoria, there is no sta...

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