Insights

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Foreign Investors the Losers for NSW Stamp Duty Rates

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New South Wales follows suit with Victoria in tax hikes for foreign home buyers. The New South Wales government announced on 1 June 2017 that it will double its foreign investor stamp duty surcharge to...

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ASIC Survey Highlights Lack of Transparency in the Determination of Interest Rates

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On 1 June 2017, ASIC released the results of its survey of marketplace lending providers. The report gives an interesting overview of the marketplace lending industry in Australia – in particular, its structure and size....

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ASIC Supervisory Cost Recovery Levy Act 2017 Becomes Law and Implements an Industry Funding Model

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On 15 June 2017, the Senate passed the ASIC Supervisory Cost Recovery Levy Bill 2017 and related bills to implement an industry funding model for the Australian Securities and Investments Commission. Regulations that provide additional...

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China Practice Leader joins Hunt & Hunt Victoria office

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Mandatory Self-Reporting of Contraventions by Credit Licensees Likely to be Introduced

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One of the recommendations of the ASIC enforcement review taskforce was that the mandatory self-reporting regime should be extended to impose the same obligations upon credit licensees. This recommendation is in contrast to the original...

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Full Steam Ahead to Implement an Electronic Environment

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Some time ago the Registrar of Titles in Victoria published a paper dealing with the requirements for paper conveyancing transactions in the state. Version 2 of the registrar’s requirements were published in March 2017 and...

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Free Trade Agreements: Increasing Utilisation but Emerging Compliance Issues

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Australian traders are embracing the trio of free trade agreements negotiated between 2014 and 2015. DFAT has reported that use of the Japan, Korea and China FTAs is up above 80%. This level of utilisation is a...

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Hunt & Hunt Lawyer named Corporate Livewire M&A Lawyer of the Year

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Corporate Livewire has named Hunt & Hunt Partner Nick Miller as the Corporate Livewire Australian M&A Lawyer of the Year. Announcing the winners in the UK this week Jake Power, Awards Director of the 2017...

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The Customs Tariff Concession Case that Could be the Last of its Kind

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The Administrative Appeals Tribunal (AAT) recently handed down a decision as to whether a local manufacturer satisfied the 25% local content test in respect of an application to revoke a tariff concession order (TCO). A...

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Are you a director of an insolvent company?

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During difficult economic conditions it is important that all directors revisit their duties as directors and are aware of how the board should deal with the situation where a company is in financial difficulty and...

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Extension of the unfair contracts regime to small businesses

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The Federal Government has enacted legislation extending the unfair contract term protections of the Competition and Consumer Act 2010 (Cth) and the Australian Securities and Investments Commission Act 2001 (Cth) to the small business sector....

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Superannuation splitting laws – things you need to know

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When a marriage or de facto relationship breaks down property can be divided between the parties. Superannuation is treated as property under the Family Law Act and as such can be adjusted, transferred or divided...

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