Corrs In Brief

Corrs In Brief offers the latest updates on legal issues and developments, focusing on their impact to your business and industry.

High Court rules courts can consider agreements on penalty in civil penalty proceedings

10 December 2015

Penalty agreements between prosecutors and defendants in civil penalty proceedings are not prohibited. This was confirmed today by the High Court.

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Construction Arbitration in Australia

9 December 2015

Corrs Chambers Westgarth has contributed to the Australian chapter on Construction Arbitration in the Global Arbitration Review.

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Mandatory data breach notification is coming to Australia

8 December 2015

Private sector organisations and Federal government agencies may soon be required to notify the Privacy Commissioner and affected individuals of serious data breaches.

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New laws target financial adviser competency

4 December 2015

Minimum education standards, a professional training year, a mandatory exam and continuing professional development requirements will be developed by a new independent standards body for financial advisers.

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Consultation commences on commission restrictions in life insurance

4 December 2015

The exemption from the FOFA conflicted remuneration provisions for life risk insurance products will be significantly amended from 1 July 2016 under draft legislation released by the Federal Government for consultation.

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Australia moves to introduce mandatory data breach notification

4 December 2015

Consultation begins on a bill that would require businesses and government agencies to notify affected individuals and the regulator following a serious data breach.

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Promoting fair work practices in franchisees

30 November 2015

Since the new Franchising Code of Conduct came into effect earlier this year, there has been an increased focus on franchise issues. This article explores one important issue in this regard – the role of franchisors in promoting fair work practices

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Reform reprieve as minor FOFA amendments pass

26 November 2015

Resistance in the Senate has led the Federal Government to abandon many of its controversial FOFA reforms announced last year.

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Federal government releases its response to the Harper Competition Policy Review

26 November 2015

The government’s recent response to the Harper Review is generally supportive, and recognises the potential for significant gains arising from improvements to our national competition law and policy.

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Changes to Foreign Investment Regime commencing 1 December

25 November 2015

Australia’s new foreign investment regime starts on Tuesday 1 December – including the introduction of application fees.

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