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LIBOR Transition – Forward-looking Term SOFR Is Here

LIBOR Transition – Forward-looking Term SOFR Is Here

Very shortly, the U.S.-based Alternative Reference Rates Committee (ARRC) will make its much-anticipated formal recommendation of forward-looking term Secured Overnight Financing Rates (Term SOFR) administered by the CME...

27 July 2021

Reforms commencing under the Design and Building Practitioners Act 2020 (NSW)

As foreshadowed in our previous update on building reforms in NSW, various reforms under the Design and Building Practitioners Act 2020 (NSW) (the Act) came into effect on...

26 July 2021

Postponement of the removal of the head contractor licencing exemption in Queensland

On 8 July 2021, the Governor in Council made the Building Industry Fairness (Security of Payment) and Other Legislation Amendment (Postponement) Regulation 2021 (“Postponement Regulation”) postponing the commencement...

09 July 2021

China’s 14th Five-Year Plan — Key takeaways for financial services

On 12 March 2021, China released its much-anticipated economic and social development blueprint for the next five years and beyond – the ‘Outline of the 14th Five-Year Plan...

22 March 2021

Pre-COVID FIRB Thresholds to be Reinstated on 1 January 2021

Late on 9 December 2020, the Treasurer announced that the current $0 monetary screening thresholds for FIRB applications will be lifted on 1 January 2021, resulting for the...

11 December 2020

COVID-19 enhances risks of bribery and corruption

COVID-19 has caused economic hardship for companies around the globe and has required many to act quickly in order to ensure supply of in-demand goods or services. ...

28 October 2020

Queensland COVID-19 relief for tenants – extended, but with two key changes

Queensland’s Retail Shop Leases and Other Commercial Leases (COVID-19 Emergency Response) Regulation 2020 (Regulations) has been amended – extending its effect to the months of October, November and...

28 October 2020

COVID-19 economic recovery in Melbourne - planning scheme amendment introduced to assist the Victorian hospitality industry

On 21 October 2020, the Victorian Minister for Planning introduced further temporary changes to provide greater flexibility to the hospitality industry.

27 October 2020

Extension of Commercial Tenancies Declaration

On 10 September 2020 the ACT Government announced the extension of the Leases (Commercial and Retail) COVID-19 Declaration 2020 to assist commercial tenants affected by the pandemic and...

15 September 2020

5G inquiry report released (no, it’s not about 5G’s responsibility for COVID!...)

This article was written by Georgia MacKenzie and Kate Creighton-Selvay. As COVID-19 continues to heighten focus on 5G – and the opportunities and challenges it represents – the Government this week released...

18 May 2020

Extension of deadlines to submit modern slavery statements – What you need to know

For businesses who are required to submit their first modern slavery statement in Australia this year, there has been an extension of time to submit these statements by...

01 May 2020

Modern slavery risks during COVID-19 – what you need to know

This article is written by Daisy Mallett and Daniel FieldingThe Australian Border Force has released guidance on how businesses can reduce the risk of vulnerable workers in their...

24 April 2020

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