The Federal Government has announced that the Corporations Act will apply to litigation funders, bringing the regulation and licensing of litigation funders under the remit of the Australian Securities & Investment Commission (ASIC). This move reflects the Government’s desire to increase the barriers to entry in the class action industry, and heighten the level of … Read more
Perhaps unsurprisingly to some, yesterday’s Full Federal Court decision of WorkPac Pty Ltd v Rossato [2020] FCAFC 84 (Rossato) has delivered the same outcome as the landmark decision of WorkPac Pty Ltd v Skene [2018] FCAFC 131 (Skene). See here to read our previous Skene update. Rather than appealing the Full Court’s decision in Skene … Read more
As has been widely publicised, the Federal Government has launched its digital contact tracing app, COVIDSafe. In order to encourage adoption and allay fears on how the data will be characterised and stored, the Minister for Health has made a Determination under the Biosecurity Act 2015 (Cth), which specifically prescribes rules around the collection, storage … Read more
We recently provided an update about the temporary measures introduced by the ASX and ASIC to assist listed entities with capital raising during the COVID-19 pandemic (click here to read our earlier post). This week, the ASX has provided further clarification regarding, and made changes to, the temporary measures it has introduced. Key points to … Read more
Michael Cochrane shares his continued analysis and insights on trends in the ‘gig economy’ and the latest instalment in what has been a string of ‘gig economy’ rulings in recent times. Yesterday, a Full Bench of the Fair Work Commission unanimously held that an Uber Eats delivery driver (Ms Gupta) was not an employee (Amita … Read more
Last week Parliament passed the Jobkeeper legislation to give effect to the Federal Government’s new Jobkeeper payment scheme to deliver the flat rate wage subsidy of $1,500 per fortnight per eligible employee to qualifying employers, in addition to making a number of temporary changes to the Fair Work Act 2009 (FW Act) to address the … Read more
The impact of COVID-19 is affecting the economy left, right and centre, forcing many businesses to think outside the box, rather than relying on business-as-usual considerations – especially when it comes to addressing cash flow issues. Many government entities and regulators are providing guidance and adapting laws (where necessary) in order to assist businesses during … Read more
On 3 April 2020, the National Cabinet agreed to develop a mandatory code of conduct in relation to commercial tenancies, to be guided by a set of principles. It is generally targeted at small to medium sized enterprises – that is, those with less than $50m in annual turnover. That code of conduct will need … Read more
On 10 March 2020, the ACCC announced its inquiry into the digital advertising technology supply chain and advertising agency services in Australia. This inquiry follows on from the findings of the ACCC’s Digital Platforms inquiry which concluded in July last year, with the ACCC currently seeking views and feedback from stakeholders in the digital advertising … Read more
