Goldwind Australia Pty Ltd v ALE Heavylift (Australia) Pty Ltd [2021] VSC 625 In the recent decision in Goldwind Australia Pty Ltd v ALE Heavylift (Australia) Pty Ltd [2021] VSC 625 (the Goldwind Case), the Supreme Court of Victoria held that under the Building and Construction Industry Security of Payment Act 2002 (Vic) (the SOP … Read more
Welcome to the latest issue of the KHQ Super Alert. This week, APRA released a discussion paper on financial resilience, and its Deputy Chair, Helen Rowell, delivered a speech calling for greater innovation to improve post-retirement outcomes. Treasury published a report reviewing AFCA’s effectiveness and also released draft exposure legislation in relation to modernising business … Read more
On 19 November 2021, Food Standards Australia New Zealand put out a call for comment in relation to Nestle Australia’s application to change the Australia New Zealand Food Standards Code (the Food Standards Code) so as to expressly allow for Very Low Energy Diet products (VLED – also known as Very Low Calorie Diet or … Read more
Sometimes, even a well drafted Will can raise questions when it comes to administering the estate in terms of how a particular clause of the Will should be applied. It may be that the intentions of the person whose Will it is, cannot be properly ascertained from the words that have been used. Perhaps it … Read more
Beverage conglomerate, Lion, has acquired Fermentum Group, owner of boutique craft beer label, Stone & Wood. The transaction required the approval of the ACCC, with the regulator announcing on 4 November 2021 that it will not oppose the deal. The acquisition continues a trend in the craft brewery market, with many small producers acquired by … Read more
Welcome to the latest issue of the KHQ Super Alert. This week, APRA published its finalised revision of SPS 250 Insurance in Superannuation and SPG 250 Insurance in Superannuation, while ASIC has commenced consultations in relation to consumer remediation and superannuation retirement calculators. The Attorney-General’s Department also issued a media release in relation to the … Read more
In order to make a valid Will, you must be over the age of 18 and have what is known in legal terms as testamentary capacity. What is testamentary capacity? At a high level, the legal test for testamentary capacity, requires you to: understand the nature and effect of making a Will; and be aware … Read more
Welcome to the latest issue of the KHQ Super Alert. This week, regulations to support the portfolio holdings disclosure rules were registered and ASIC published guidance for advisers in relation to records of advice. APRA updated its FAQs in relation to the Superannuation Data Transformation project and also issued a media release encouraging super members … Read more
Having gone through the process of completing your Will, a very important consideration is where you store it. Most law firms who prepare your Will offer to store it for you, and recommend that a copy be kept with your important documentation so that your executors know who to contact when the time comes. You … Read more
