The Australian Parliament has now passed the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024. Further to our previous legal insight article, this introduces a mandatory notification administrative model...
The Digital Platform Regulators' Forum has prepared a joint submission to government acknowledging the potential for artificial intelligence to enhance Australia's digital economy but also to compromise consumer protection, competition,...
Australia's enhanced 'unfair contract terms' laws come into effect on 9 November 2023, covering a broader class of existing and future contractual arrangements than ever before. The reforms have important...
The Federal Court has confirmed the high bar for proving unconscionable conduct, dismissing an appeal by the ACCC to overturn the trial judge's finding that Mazda did not act unconscionably...
Demonstrating its continued focus on greenwashing, ASIC has issued an infringement notice a superannuation fund alleging it engaged in greenwashing practices.
The risk management program positive security obligation (PSO) under Part 2A of the SOCI Act was recently 'switched on', leading to new obligations for responsible entities of 13 asset classes.
In its 2023-24 compliance and enforcement priorities, the ACCC is placing an increased focus on areas that have been acutely impacted by the current pressures to the Australian economy, consumers...
On 10 March 2023, the Federal Court ordered Australian online book retailer Booktopia to pay $6 million in penalties for making false or misleading representations on its website and in...
In a sign of things to come, the Australian Securities and Investments Commission (ASIC) has commenced its first proceedings in respect of alleged greenwashing conduct.
After two years of extensive consideration and consultation, the Commonwealth Attorney-General's Department released its much-anticipated report on the Privacy Act 1988 (Cth), published 16 February 2023.
The High Court of Australia has provided some useful guidance that will assist credit managers in navigating their roles and in dealing with liquidators demanding repayment of alleged unfair preferences.
The recent amendments to the SOCI Act send a clear message to responsible entities of critical infrastructure assets that risk management (including cybersecurity risk management) must be prioritised and form...
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