Corrs In Brief
Corrs In Brief offers the latest updates on legal issues and developments, focusing on their impact to your business and industry.
Have your say on mandatory privacy breach notifications
The Government has now turned its attention to the second stage of passing passing the Privacy Amendment (Enhancing Privacy Protection) Bill 2012, which will address the remaining 98 recommendations in the ALRC report.
Read MoreDuty of care not owed by builder to owners corporation for defects in serviced apartments
Developers and builders should be aware of a recent case in the Supreme Court of NSW where an owners corporation failed in its attempt to sue a builder for alleged defective works in a serviced apartment scheme.
Read More | Download PDFTermination of strata schemes
On 15 September 2012, NSW Fair Trading released a discussion paper entitled ‘Making NSW No.1 Again: Shaping Future Communities – Strata & Community Title Law Reform Discussion Paper’.
Read MoreContinuous Disclosure Guidance Note rewrite - A welcome insight
The proposed changes to Continuous Disclosure Guidance Note 8 do not radically change the landscape, but nonetheless do provide clarification and insight into ASX and ASIC’s approach to applying and enforcing Australia’s continuous disclosure laws.
Read More | Download PDFA 'duty to invent' some things, but not others - Royal Children’s Hospital v Robert Alexander
The Australian Patents Office recently considered an application brought by the Royal Children’s Hospital under sections 32 and 36 of the Patents Act 1990 (Cth) (Act).
Read More | Download PDFRecent developments: Implied term of trust of confidence, and ‘productivity’ under the Fair Work Act
In Barker v Commonwealth Bank of Australia, Justice Besanko held that there exists in Australian law an implied term of mutual trust and confidence in a contract of employment.
Read MoreSignificant change in stamp duty law for resource industry
The QLD Govt has enacted legislation which will retrospectively impose stamp duty on the direct and indirect transfer of most exploration permits and authorities to prospect.
Read MoreFortescue Metals Group and Andrew Forrest succeed in High Court appeal against ASIC
The High Court confirms that liability for misleading or deceptive conduct is determined by assessing what the particular statements convey to their intended audience, which in this case was the investing public.
Read MorePrivacy reform in Australia is now imminent
As we have previously reported, the long awaited Privacy Amendment (Enhancing Privacy Protection) Bill 2012 (the Bill) was introduced to Parliament earlier this year.
Read MoreAPRA reminds regulated institutions of their technology outsourcing obligations
APRA’s most recent issue of APRA Insight, released last Wednesday, highlighted the risks associated with outsourcing by authorised deposit-taking institutions (ADIs).
Read More