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 long awaited regulatory reform for New South Wales trade promotions has finally arrived. While some of the thornier changes in the draft regulations did not make the final cut (for example, it is still permissible to require entrants to a trade promotion to join the promoter’s marketing database), there are some significant changes which … 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
Welcome to the second issue of the KHQ Super Alert. This issue mainly covers numerous releases from the regulators. The ATO guidance on SFT reporting may be of particular interest for those underway with SFTs. ATO – COVID-19 early release integrity and compliance warning On 18 June 2020, the ATO released a warning directed at … Read more
Victorian businesses face new workplace manslaughter laws under the Occupational Health and Safety Act 2004 (Vic) commencing on 1 July 2020. We have been advising businesses and holding training sessions on these news laws to assist companies and their officers to understand and rectify any gaps where there may be potential exposure. Given the hefty … Read more
Welcome to the first issue of the KHQ Super Alert! This issue covers a range of developments, mainly from ASIC this week. Importantly, the new RG 272 on ASIC’s product intervention powers has now been released in final form. ASIC – revised timetable of ongoing work On 11 June 2020, ASIC published a revised timetable … Read more
Court process may never perhaps return to the way it was and it is important for lawyers and family law clients involved in the system to be aware of emerging trends. The Family Court of Australia and the Federal Circuit Court of Australia (“the Courts”) are increasing face-to-face hearings in a staggered way over the … Read more
