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The White Paper provides a roadmap for the whole of Australia - government, business, unions, and the broader community.

Australia's medium term economic prospects have become increasingly uncertain.

We would advocate a move from an overweight allocation back to a slightly underweight allocation to Australian equities.

On balance, the outlook for the sector is mixed, so we recommend that investors retain a modest underweight exposure.

The Federal Government has announced that it will shortly draft regulations which carve out funded class actions from the definition of "managed investment scheme" under the Corporations Act 2001. The announcement is in response to the decision of the Federal Court in Brookfield Multiplex Limited v International Litigation Funding Partners Pty Limited [2009] FCAFC 147, which found that funded class actions were managed investment schemes as defined by the Corporations Act. This announcement and

Discussion about the case management system of the Courts Administration Authority which is going digital.

The Foreign and Investment Review Board (FIRB) has just released a new foreign investment policy, which sets out its approach when assessing foreign investment applications under the Foreign Acquisitions and Takeovers Act 1975. Among other things, the policy defines the term ‘foreign governments and their related entities’, and outlines the factors FIRB will take into account when considering if a proposed investment is contrary to Australia’s national interest.

Outlines key steps healthcare providers can take to implement an effective debt recovery process.

Liquidated damages clauses, which allow parties to predetermine the amount of damages payable in the event of a breach, are a common feature of standard form construction contracts. Australian Standard (AS) construction contracts, for example, allow for liquidated damages for delays in reaching practical completion.

Many businesses in Australia are trading online as part of their overall strategy, but not as their complete model.

Article discusses key takeaways of the federal budget from a corporate and commercial perspective. .

To help small businesses avoid scams, the Australian Consumer & Competitions Commission (ACCC) has recently published a guide aimed at reducing the increasing number of businesses falling foul of scams aimed at small businesses.

When acquiring a company that is conducting a business, purchasers should pay careful attention to the structure of the acquisition to ensure that any prior year losses of the business will be available.

Sound legal, financial and business strategies can help miners and mining service providers weather cyclical upheavals.

Following the global financial crisis and a number of high profile collapses of managed investment scheme operators, ASIC recently released Consultation Paper 140: Financial Requirements which proposed a number of amendments to the financial requirements applicable to responsible entities.

ASIC's 2012 priorities for the financial services sector are advertising, Strong Super, and shorter PDS disclosure.

The 2009-10 Federal Budget was released at 7.30pm, 12 May 2009. A summary of the relevant Budget details for the Education sector are set out below