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Standard contracts for retirement villages will be mandatory for village contracts entered into on or after 1 October 2031 in New South Wales. In addition, retirement village operators will be required to provide prospective residents...
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In a discussion paper released by APRA late last month, a number of proposals are made that affect current exemption orders for Registered Financial Corporations (“RFCs”) and some Religious Charitable Development Funds (“RCDFs”), many of...
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There have been significant recent developments following our last Updates on the AAT decision reinstating the licence of a licensed customs broker and the new Customs Bill introduced into Parliament on 20 March 2013. Probably...
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The Victorian Government revealed a number of red tape reforms recently in an attempt to reduce escalating costs and boost efficiency in the Victorian building industry. Reforms Thirty-six reforms were announced, covering a wide variety...
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Upcoming changes to the minimum compulsory superannuation contribution rate may not only add to the costs of employing staff, but will require a close review of how those changes will work with your existing employment...
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This week is Privacy Awareness Week, an initiative of the Asia Pacific Privacy Authorities Forum which is held every year to promote awareness of privacy issues and the importance of the protection of personal information....
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2013 is shaping up to be a major year for reforms and consultations in the financial services sector. In the last few weeks alone three announcements/releases have taken place, namely: Changes to disclosure requirements under...
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As everyone knows, the NSW Government has now released its long-awaited White Paper and Draft Exposure Bills aimed at creating a new planning system for NSW. First impressions Like the Green Paper last year, the...
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In March 2013 Federal Treasury released material outlining proposals for so-called “fine-tuning” amendments to the National Consumer Credit Protection Regulations 2010. While the proposals may be “fine-tuning” amendments in a legislative sense, they will, if...
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The recent Victorian Supreme Court of Appeal decision of Primary Health Care Limited v Giakalis [2013] VSCA 75 will significantly impact recovery actions commenced under section 138 of the Accident Compensation Act 1985 (Vic) (“Accident...
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On 12 April 2013, the Statutes Amendment (Community and Strata Titles) Act 2012 (SA) was passed. The Act amends both the Community Titles Act 1996 (SA) and the Strata Titles Act 1988 (SA). It was partially commenced on...
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On 8 April the government commenced public consultation on exposure draft legislation for a statutory definition of charity. The definition is contained in the Charities Bill 2013 and is expected to commence on 1 January...