Background Major Australian retailer, Thorn Group, and its consumer leasing business, Radio Rentals, has agreed to refund almost $20 million to customers who entered into leases with the company following an ASIC investigation into breaches … Continued
Although they are highly speculative, cryptocurrencies have experienced a surge in popularity amongst investors. With investors seeking out ways to get their hands on Bitcoin, Ripple and other cryptocurrencies – whether they can be accessed … Continued
Missing the vesting date of your trust can have serious tax and trust law implications – it is not a date to be overlooked. The Australian Tax Office (ATO) recently released a draft tax ruling … Continued
The recent legalisation of same-sex marriage in Australia, serves as a good opportunity to remind ALL people contemplating marriage about the implications of marriage, and divorce, on their succession planning. It is important that couples … Continued
In 2014, the New South Wales Government (Government) launched the Quality Regulatory Services Initiative (QRSI), which aims to implement an outcomes and risk-based regulatory framework across Government agencies and Government-led industry initiatives. The QRSI implementation … Continued
The legislative framework for the Victorian Government’s new digital customer service platform, Service Victoria, is awaiting debate in the Legislative Council when Parliament resumes in February 2018. If the Service Victoria Bill 2017 survives Victoria’s … Continued
A regulator’s primary remit is to ensure compliance with the regulatory framework which it oversees. Accordingly, compliance and enforcement activity forms the backbone of all regulators’ operations. Such activity includes the spectrum of actions taken … Continued
Four years ago, the Abbott government identified the unnecessary complexity, inconsistency and duplication across the Commonwealth statute book as a result of the rapid development of regulatory powers over the preceding 20 years. Not only … Continued
Events in the real world do not always fit neatly within the bailiwick of one regulator. When corporations and businesses push the envelope (as they often do), they frequently traverse several regulatory jurisdictions. So there … Continued
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