Corrs In Brief

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

The “World Cup of Fraud”: A reminder of the long reach of the US law

1 June 2015

Recent events at the FIFA conference demonstrate that US authorities will monitor conduct by non-US citizens and enforce breaches of US laws even where they occur overseas, so long as there is some connection to the US.

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Planning reform - Here we go again

27 May 2015

Reform of the Queensland planning system has been announced by the Palaszczuk government, which released its directions paper entitled ‘Better Planning for Queensland: Next Steps in Planning Reform’ on 25 May 2015.

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The Miles Review of the Cooperative Research Centres Programme - CRCs to stay, with a new, more targeted focus

26 May 2015

In September 2014 Mr David Miles AM was appointed by the Federal Government to review the CRC Programme. His report has now been released and all 18 of his recommendations will now be implemented by the Government.

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“Building Queensland” - The foundations have been laid

22 May 2015

The Queensland Government has taken a further step towards the establishment of a new independent statutory advisory body called Building Queensland.

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Court approval: Final hurdle to the Bonsoy class action settlement cleared

21 May 2015

On 7 May 2015, the Court approved the Bonsoy class action settlement which had been brokered just prior to trial in October last year.

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Bi-partisan support for amendments to the RET scheme

18 May 2015

Significant amendments to the Renewable Energy Target scheme appear certain after the Federal Government and Opposition reached an agreement on changes following extensive negotiations.

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Proportionate liability: The High Court resolves the dispute

14 May 2015

The High Court decision in Selig v Wealthsure has resolved the conflict between two Full Federal Court decisions concerning the application of statutory proportionate liability regimes contained in the Corporations Act and the ASIC Act.

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Clarification on the valuation approach to contaminated land

13 May 2015

In Challenger Listed Investments Limited v Valuer General (No 2) [2015] NSWLEC 60 the Court clarifies the approach to be taken by the Valuer-General in determining the value of contaminated land under the Valuation of Land Act 1916.

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Budget changes to the Paid Parental Leave Scheme: How will they affect employers?

13 May 2015

Changes announced in last night’s federal Budget will limit employees’ access to the government Paid Parental Leave Scheme from 1 July 2016. Employers with their own PPL schemes need to carefully consider the impact of this change.

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The Full Federal Court upholds ANZ Bank’s entitlement to charge late payment fees

8 May 2015

On 8 April 2015, Court in Paciocco v ANZ upheld the entitlement of ANZ to charge its customers various fees, including late payment fees.

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