Insights

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Federal Government Announces its Choice of Tax Initiatives for the Finance Industry

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The Federal Treasurer announced today that the Government will not proceed with a number of proposed initiatives which had been announced by the former Labor Government as part of the 2013-14 Budget. Among the initiatives...

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Enterprise agreement “opt-out clauses” are not a safe bet – put flexibility inside the agreement instead

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Different ways of rewarding high-performing, senior or specialist employees can be eroded when enterprise agreements require all covered employees to be treated in the same way. One solution is to allow some employees to opt...

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Magic Pudding – the ACNC’s Implementation Report

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On 12 June, the Australian Charities and Not-for-Profits Commission Implementation Taskforce released its Implementation Report, setting out the ACNC’s regulatory approach in five key action areas. These five areas are. These five areas are: 1....

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New Limited Australian Financial Services Licence (AFSL)

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A new form of financial advice licence will allow accountants to become licensed and able to provide a much broader range of financial advice than they have previously been able to. Licensees will be able...

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Two Years On, Are you Effectively Dealing with Modern Awards?

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Employers, some of whom have employees that are covered by a modern award for the first time as a result of the wider reach of the new system, have had time to familiarise themselves with...

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New Customs Licensing Conditions to be a Subject of CBFCA Member Forums in July

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There has been significant interest in the new conditions which the Australian Customs and Border Protection Service (“Customs”) is imposing on those it licenses including licensed customs brokers, warehouse operators and depot operators.  These new...

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Customs turns attention to those operating licensed premises

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In recent updates, we have referred to the actions by the Minister for Home Affairs and the Australian Customs and Border Protection Service (“Customs”) in response to perceived problems with crime, corruption and security at...

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Full Federal Court Rules on “substitutability” in TCO Matters

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Some readers would be aware of extensive recent litigation on the availability of tariff concession orders (“TCOs”) in relation to “reach” and “lift” trucks which litigation has had broader consequences for the law relating to...

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Investigation into Alleged Subsidies and Dumping of Aluminium Road Wheels

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The Australian Customs and Border Protection Service (“Customs”) has been conducting an investigation into alleged dumping and subsidies relating to the export of aluminium road wheels (“ARW”) from the PRC to Australia. Customs had very...

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Enterprise Agreement Bargaining Representatives – are not your friends

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Recently a large employer found to its cost that union bargaining representatives knew the employer was signing up to a deal it did not truly appreciate but did nothing to alert the employer to its...

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Knock Knock…Who’s there?

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Last month, Federal MP Steve Georganas, introduced the Do Not Knock Register Bill 2012 in the lower house to establish the ‘Do Not Knock Register’. The private members Bill replicates the Do-Not-Call Register legislation introduced...

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Customs Unveils New Licence Conditions for Customs Brokers

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Previously, we reported on the likely impacts on industry from the recent announcements by the Minister for Home Affairs regarding increased control on cargo and those handling and the reporting of its movement through the...

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