Separating couples have a number of options to resolve family law property disputes including mediation, arbitration and litigation. It is generally accepted that Court proceedings should be a last resort and only if all other dispute resolution methods have failed, or if an urgent issue arises. The COVID-19 pandemic continues to impact all aspects of … Read more
Welcome to this week’s issue of the KHQ Super Alert. This week the Treasurer announced a number of superannuation measures in the Economic and Fiscal Update, ASIC registered the legislative instrument which gives effect to the deferral of the new fees and costs disclosure obligations and APRA reminded trustees of their SPS 515 responsibilities. Federal … Read more
Recent headlines that the iconic kangaroo logo would be replaced or sidelined for a new design has caused quite a bit of confusion. Thankfully, Glen Cooper, the chairman of The Australian Made Campaign, has clarified that the kangaroo logo will remain as Australia’s global product symbol and the new logo will be used in place … Read more
Welcome to this week’s issue of the KHQ Super Alert.The main item this week is the Federal Court’s judgement about the application of the fairness and honesty requirements in the Corporations Act for financial services. ASIC and the ATO have also provided additional COVID-19 updates. ASIC – COVID-19 FAQ update On 10 July 2020, … Read more
The Full Bench of the Fair Work Commission upheld an appeal by the Transport Workers’ Union on Monday quashing an earlier decision of the Fair Work Commission that the employer Prosegur Australia Pty Limited’s Jobkeeper directions were reasonable. This decision provides the first Full Bench authority on the reasonableness test required by s. 789GK of … Read more
Welcome to this week’s issue of the KHQ Super Alert. There are only a few developments this week and, among them, it is interesting to see the AFCA statistics. AFCA – FY19/20 snapshot On 2 July 2020, AFCA issued a media release and its 12-month snapshot for the 2019/2020 financial year. Superannuation-related complaints counted for … Read more
The Melbourne office of top tier boutique, KHQ Lawyers, has elevated two senior lawyers to the ranks of principal solicitor. Kate Landells (Corporate & Commercial) and Michael Cochrane (Workplace Relations & Safety) have both been promoted, effective 1 July 2020. KHQ’s managing director, David Kelly, expressed his delight at the promotions. “Kate is a technically … Read more
Welcome to the third issue of the KHQ Super Alert covering a range of releases from the regulators. Importantly, it includes the updated MySuper Product Heatmap from APRA. ASIC – ASIC Corporations, Superannuation and Credit (Amendment) Instrument 2020/99 On 25 June 2020, an ASIC instrument was registered to extend the transitional application of RG 165 regarding … Read more
It is hard to believe that the end of another financial year is upon us and the back half of FY2019/20 has certainly been like no other. The advent of COVID-19 and its impact across society and the economy has presented a number of unique challenges for employers in the face of a rapidly changing … Read more
