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JobKeeper Extension: the New Rules are here!

Certainty for foreign financial services providers – at last!

Foreign financial services providers (FFSPs) now have certainty about their Australian financial services (AFS) licensing position.

12 March 2020

Building on the Consumer Data Right to grow Australia’s digital economy

With Australian banking customers soon able to take control of sharing their banking data using the Consumer Data Right (CDR), the Australian Government is looking to the CDR’s...

09 March 2020

The new data economy is approaching: Open Banking mandated to start from 1 July 2020

The legal framework is now in place for the start of the CDR in the banking sector. The timeframes for responding to requests for consumer data have...

11 February 2020

Treasury’s proposals for a new Financial Accountability Regime

This article was written by Diana Nicholson, Tim Bednall and Rebecca Williams.Treasury has released a Proposal Paper for the Financial Accountability Regime (“FAR”).  When legislated, FAR will impose...

03 February 2020

The Australian Banking Royal Commission – What Happened, What Now and Lessons for Hong Kong

The Australian Royal Commission into Misconduct in the Banking, Superannuation and Financial Services concluded in February. We discuss the key lessons for Hong Kong.

11 June 2019

Bill for new design and distribution, and ASIC product intervention powers, introduced

The Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2018 was introduced into the House of Representatives on 20 September 2018. The Bill will...

26 September 2018

Morrison’s Christmas promise: Indonesia-Australia free trade agreement

Australia’s new Prime Minister, Scott Morrison has promised the long awaited Indonesia-Australia free trade agreement by Christmas. The announcement is a good news story for international trade...

05 September 2018

Risky business – does a promise to advance Defence Costs preclude insurers from relying on non-disclosure until final determination?

The Full Court of the Federal Court of Australia recently considered the relationship between the Advancement of Defence Costs extension and the available remedies for insurers arising out...

15 August 2018

Are your rights enforceable? From 1 July 2018 onwards you will need to check this carefully…

This article was written by Tim Klineberg and Carone Huang.The new ipso facto reform will commence on and from this Sunday, 1 July 2018. Rights in contracts, agreements...

25 June 2018

Australian Open Banking Review Released

It provides advice on the design and implementation of Australia’s Open Banking system and is the first stage in a broader consumer data right.

09 February 2018
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How to combat modern slavery and reduce your regulatory exposure

Amidst a growing global regulatory recognition that more needs to be done to combat modern forms of slavery and human trafficking, you should be aware of existing Australian...

01 August 2017
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Australian Federal Budget 2017-18: Personal tax

Analysis of the 2017-18 Australian Federal Budget's changes to personal tax including several significant measures relating to residential real estate.

09 May 2017
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