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The UK’s experience could prove useful to the Australian Government which is looking at potential areas where Public Private Partnerships could be applied.

This case should provide comfort to parents or other parties who consider assisting individuals to purchase a property.

In this case, the AAT did not accept a director of an SMSF trustee blaming their accountant for SMSF compliance breaches.

Recent laws in NSW have been amended to support both landlords and tenants in light of the impact of COVID-19.

Proposed amendments to the Corporations Act will restrict the expressions "financial planner" and "financial adviser".

The report reveals a record number of court filings and monetary penalties and confirms a continued focus on COVID-19-related issues going forward.

The release highlights key areas for reporting entities to address and focus on in preparing 2016/2017 financial reports.

Discussion of CP301 released by ASIC – background, key proposals, initial observations & consultation process.

Two businesses involved were Cash Loan Money Centres and Sunshine Loans.

ASIC announced on 21 January 2009 that its current ban on covered short sales of financial securities will continue until 6 March 2009. ASIC had previously advised that it would continue the current ban on covered short selling of financial securities until at least 27 January 2009.

The consultation paper proposes to simplify financial requirements of AFS licensees who trade electricity derivatives.

The Australian Securities and Investments Commission (ASIC) has implemented a number of measures to enhance market disclosure and facilitate capital raisings.

Australian Securities and Investment Commission (ASIC) released its updated policy on Share Purchase Plans (SPPs). The policy widens the ability of those who hold securities as custodians or trustees to participate in SPPs, rectifying what had been considered as deficiencies in the relief in the previous policy. The new policy also confirms that applicants are able to use electronic payment facilities

The ASX imposes additional reporting obligations on listed mining and oil and gas exploration and production companies.

The Australian Personal Property Securities Act 2009 (the "PPSA"), and its accompanying Personal Property Securities Register ("PPSR") are due to come into force in early 2012, replacing more than 70 existing national, state and territory laws.

What are the costs in applying for your own AFSL & what should you be prepared for?

For the first time in Australia, the Federal Court has found that a failure to adequately manage cybersecurity risks constitutes a breach of general Australian financial...