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FAR reaching consequences: the new Financial Accountability Regime

Insights - Australia

FAR reaching consequences: the new Financial Accountability Regime

On 16 July 2021 Treasury released consultation draft legislation to introduce the Financial Accountability Regime (FAR). FAR is the Government’s proposed extension of the existing Banking Executive Accountability...

20 July 2021

Restrictions on construction and maintenance to further limit the spread of the COVID-19 Delta strain (NSW)

The NSW Government has announced tighter restrictions to the construction sector in the Public Health (COVID-19 Temporary Movement and Gathering Restrictions) Amendment (No 8) Order 2021 made under...

19 July 2021

ATO taxation ruling: Characterisation of software receipts

On 25 June 2021 the Australian Taxation Office released its draft ruling Income tax: royalties – character of receipts in respect of software (TR 2021/D4).

16 July 2021

Sticks and stones may break my bones but words may not meet the new Serious Harm Threshold: New defamation laws have commenced

Model changes to defamation laws came into effect in several States across the country on 1 July 2021.

14 July 2021

Adopting an "if not, why not" approach to Government infrastructure projects

Major infrastructure projects procured by Federal and State governments are fuelling continued Australian growth and the pipeline of future projects continues to be strong.

12 July 2021

Australian Government releases licensing relief options for foreign financial services providers

On 9 July 2021, Federal Treasury released its Consultation Paper on options for licensing relief for foreign financial services providers (FFSPs) and fast-tracking the licensing process for FFSPs....

09 July 2021

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