Monday, 26 November 2018
You want to download an app on your phone, sign up for a service of some kind or rent a car. Someone comes to the door or telephones you and wants you to commit to a contract.
Financial Services Law
Monday, 29 October 2018
On 12 September, Parliament passed the Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Bill 2017 (‘the Bill’). The new provisions commenced on 19 October 2018, extending the availability of crowd-sourced funding (‘CSF’) opportunities to proprietary companies. Until then, CSF had only been available to public companies, following the Corporations Amendment (Crowd-sourced Funding) Act 2017. The Bill’s amendments come as welcome news to proprietary companies, which make up the vast majority of registered companies in Australia.
Monday, 17 September 2018
Australia’s new Modern Slavery Bill 2018 (Cth) (‘the Bill’) was introduced into the House of Representatives on 28 June 2018 and is expected to be passed by the end of the year with bipartisan support. The Bill’s purpose is to address modern slavery risks in the supply chains of Australian goods and services by establishing a reporting framework for Australian entities.