Insights

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Securities Imposed on Imported Kitchen Sinks

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The decision has been made to impose securities between 19% and 61% on imports of Chinese produced deep drawn stainless steel sinks. This decision reflects a preliminary finding by the Anti-Dumping Commission that Chinese steel...

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New Customs & Global Trade Lead Appointed

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National law firm Hunt & Hunt announced today the appointment of Partner, Russell Wiese to lead the firm’s Customs and Global Trade team. Wiese brings a broad range of expertise-having built his career in Government,...

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Australia’s Charities and Not-for-Profits – Options Paper

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The Australian government has committed to abolishing the Australian Charities and Not-for-Profits Commission (ACNC). The government has now released its Options Paper which sets out proposed replacement arrangements for charities in Australia. The government is...

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New Proposal for Enhanced Customer Due Diligence on Foreign Nationals and Review of FATCA

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As if the United States’ Foreign Account Tax Compliance Act (FATCA) was not enough, the Federal Treasury in Australia is currently considering whether Australia should become party to a new international standard dealing with automatic exchange...

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New APRA Guide Raises Issues for Mortgage Lenders

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APRA has released a draft Prudential Practice Guide on Residential Mortgage Lending, which aims to provide guidance to approved deposit-taking institutions to reinforce the importance of maintaining lending practice standards. The draft Guide was released...

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Financial Sector Shake-Up

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There is a lot of hype around the rumoured trade negotiations held by Prime Minister Tony Abbott with selected members of the World Trade Organisation (“WTO”). According to leaked WikiLeaks documents, the Abbott government is...

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Australian Judge Reaffirms Responsibility for Trip Claims

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Following a five day hearing commencing on 26 May 2014, Her Honour Justice Adamson handed down an important judgment – Parker v City of Bankstown RSL Community Club Ltd [2014] NSWSC 772 – highlighting a...

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Victorian Construction Professionals Under Scrutiny: A New Wave of Claims on the Horizon

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A recent surge in un-litigated complaints from homeowners in Melbourne’s outer suburbs coupled with a largely unheralded decision in the Domestic Building List of the Victorian Civil & Administrative Tribunal (VCAT), has the potential to...

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ASIC Priorities in Consumer Credit

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A keynote speech given by Peter Kell, Deputy Chairman of the Australian Securities & Investments Commission (ASIC), at the Mortgage and Finance Association of Australia (MFAA) national conference in May 2014 set out ASIC’s priorities...

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Employment Law: What’s Changing from 1 July 2014?

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As another new financial year rings in more important changes and new rates apply from 1 July 2014.  A snapshot of these changes is set out below.

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National Registration Fees and Stamp Duty 2014/2015

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following are the new fees applicable for registrations from 1 July 2014 and Mortgage Duty information for each Australian State and Territory.

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NSW to Host Leading Asian Financial Forum

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Sydney to host a supporting conference for Asia’s leading economic forum – The Boao Forum for Asia (BFA). To take place in June 2015, the Financial Cooperation Conference is designed to throw a light on issues related...

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