ASIC Releases Report on its Review of Low Doc Lending (Report 410)

ASIC recently released report 410 on its review of low doc home lending following the introduction of responsible lending obligations. In conducting its review ASIC reviewed 12 credit licensees of varying sizes representing a bro...

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Improved Resource Recovery Exemptions: Supplier and User Obligations Simplified

New South Wales has 12 new Protection of the Environment Operations Waste Regulations. From 1 November 2014, new regulations will replace all general and specific exemptions under the 2005 Regulations with Resource Recovery Ord...

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Introduction of the Proximity Principle: Limiting Waste Transportation Distance

New South Wales has 12 new Protection of the Environment Operations Waste Regulations. From 1 November 2014, the 2014 Regulations will dramatically limit the distance waste can be transported through the introduction of a new o...

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New NSW Protection of the Environment Operations Waste Regulations: 12 Areas of Staged Change from 1 November 2014

On 17 October 2014 the Protection of the Environment Operations (Waste) Regulation 2014 was enacted, which will replace the previous Protection of the Environment Operations (Waste) Regulation 2005 from 1 November 2014. The 2014...

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Tariff Concession Orders: Customs is Seeking to Make Obtaining Them More Difficult

The Australian Customs and Border Protection Service (Customs) has proposed amendments to the Customs Act which will make it easier for Australian manufacturers to object to the making of tariff concessions. Importers and manufact...

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Illegal Logging: New Import Requirements for Paper Products, Wooden Furniture and Other Wood Products

From 30 November 2014, importers of wood or wood-derived products will need to undertake reasonable due diligence to ensure their import does not originate from illegally logged timber. The laws under the Illegal Logging Prohibiti...

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