Insights

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Director Derivative Liability – Finally a Policy Shift

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Company directors should be aware that there is only less than a week left to make a submission to Treasury in regards to the Federal Government’s first tranche of proposed amendments to directors’ liability legislation....

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Anti Bribery Laws About to Get Tougher

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The Federal Government has asked industry and the public for their views on changing Australia’s anti-foreign bribery laws to remove the “facilitation payments” defence. Australian businesses and individuals who are engaged in international trade or...

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Letting the Chips Fall Where They May Doesn’t Pay

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In the recent High Court decision of Strong v Woolworths, the Court was asked to consider whether the plaintiff had proven that the defendant was negligent in circumstances where there was no evidence to complete...

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Legislation keeps moving as Australia’s Federal Parliament enters Autumn Sittings

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Movement on some Bills of interest to industry is summarised below: Second Tranche of Anti-Dumping Legislation Readers will recall that in June 2011 the Federal Government announced significant reforms to Australia’s Anti Dumping and Countervailing...

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Securities may not be so Secure Anymore

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Those in industry consider “security” issues all the time.  Border security, cargo security, job security, personal security, asset security and security of that inappropriate and potentially incriminating video recording made by your colleagues (or colleagues)...

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Practical Tips for Businesses and Lenders Overwhelmed or Confused by the PPSA

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It is just over one month since the Personal Property Securities Register (PPSR) commenced operation. Here, we share our experiences so far. PPSA in a nutshell The Personal Property Securities Act 2009 (Cth) (PPSA) affects...

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"Safety and Fairness" and Remuneration in the Road Transport Industry – Will you be Caught?

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Will you be caught by the widening of responsibility for “safety and fairness” and remuneration in the road transport industry??? In November 2011 the Road Safety Remuneration Bill (“RSRB”) was introduced into Federal Parliament, aimed...

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Proposed Port of Melbourne Licence Fee Likely to Cause Higher Charges

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Key points The Victorian Government has introduced a Bill which would require the Port of Melbourne Corporation (“PoMC”) to pay the Government an annual Port Licence Fee (“PLF “) of $75 million. The PoMC has...

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Through the Looking Glass – Notes on Privacy

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Never think your personal information is safe. The Australian Information Commissioner recently released case notes on investigations concerning privacy-related complaints that illustrate the application of the Privacy Act in new circumstances, industries and subject areas....

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Exporters from China, Vietnam and Other Non-Market Economies to the US May Now be Entitled to Refunds of Countervailing Duties

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As many readers would be aware, WTO Agreements (adopted by member countries) allow for the imposition of anti-dumping duties (to remedy a situation where sales in export markets are at prices below values in country...

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Review of Not-for-Profit Governance Arrangements

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The Government is introducing significant changes to the not-for-profit sector including the establishment of the Australian Charities and Not-forProfits Commission (ACNC), due to commence on 1 July 2012. As part of that process, the government...

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Customs Issues Two New Important Notices Regarding Changes for 1 January 2012

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Australian Customs and Border Protection Notice No. 2011/62 This Notice is entitled “HS2012 Product-Specific Rules of Origin for Free Trade Agreements”. This Notice refers generally to changes to classifications associated with HS2012 changes. The Notice...

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