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 upholds finding that Crestor patent is invalid

10 September 2015

In a much anticipated judgement, the High Court has unanimously upheld the Full Federal Court’s decision that an AstraZeneca patent relating to the blockbuster drug CRESTOR (rosuvastatin) is invalid on the ground that it is obvious.

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Key changes to the Melbourne Planning Scheme

8 September 2015

The Minister for Planning has introduced key amendments to the Melbourne Planning Scheme to address concerns regarding the scale of development in Melbourne’s CBD.

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New Work Health & Safety Regulator in NSW

7 September 2015

From 1 September 2015, WorkCover NSW has been replaced by three new bodies with SafeWork NSW now the main WHS regulator at state level.

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Planning update for NSW developers

2 September 2015

Update on recent planning cases and legislative amendments for NSW developers.

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Financial services providers beware: ASIC’s regulatory priorities over the next four years

1 September 2015

Investment banks, issuers, brokers, lenders, financial market participants, responsible entities, company directors, auditors and insolvency practitioners are all in ASIC’s sights for increased regulatory scrutiny over the next four years.

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Consultation commences on fundamental reforms to trustee governance

1 September 2015

Draft prudential standards and practice guides released yesterday by APRA for consultation provide considerable detail on APRA’s plan to supplant new legislation mandating minimum numbers of independent directors.

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New Planning and Development (Local Planning Scheme) Regulations 2015 (WA)

27 August 2015

The Planning and Development (Local Planning Scheme) Regulations 2015 (WA) take effect on 19 October 2015. A major part of Western Australia’s planning reform agenda, these regulations make changes to local planning schemes and amendment processes.

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Employers set to win less complex superannuation guarantee laws

27 August 2015

Draft legislation recently released for consultation by the Treasury shows considerable promise for reducing the current complexity faced by employers in calculating their employees’ superannuation guarantee entitlements.

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Statutory ‘good faith’ obligations in light of Baldwin v Icon Energy Ltd [2015] QSC 12

25 August 2015

In Baldwin & Anor v Icon Energy Ltd the Supreme Court of Qld confirmed that agreements to negotiate in good faith are unenforceable. This raises serious questions regarding the enforceability of good faith obligations imposed by statute.

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Differential rating revisited - Ostwald Accommodation Pty Ltd v Western Downs Regional Council [2015] QSC 210

25 August 2015

A recent decision of the Supreme Court of Queensland has provided much-needed clarification of the legal principles governing the power of local governments to levy differential rates.

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