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ARTICLE · 14 NOVEMBER 2023

Australia's business communications evolution – the shift from paper to pixels

Cooper Grace Ward
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Overview of recent key changes to the Corporations Act.

AustraliaCorporate/Commercial Law

The Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 (Cth) received Royal Assent on 14 September 2023.

The Act amends the Corporations Act 2001 (Cth) and other Commonwealth legislation, facilitating more modern and accessible communication between consumers, businesses and regulators.

This article provides an overview of some of the key changes.

Key takeaways

The key changes to Australia's business communications regime include:

  • allowing all documents required or permitted to be signed under the Corporations Act to be signed in wet-ink or electronically
  • allowing most documents required or permitted to be sent under the Corporations Act to be sent in hard copy or electronic form

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