Hello ipso facto…Are you prepared for the new ipso facto regime?

The ipso facto regime came into effect on 1 July 2018. However many franchisors are yet to consider how it may impact on their systems and what steps they should be taking to mitigate potential risks. What is the ipso facto regime? The “ipso facto regime” is the name used to describe a number of … Read more

IP legislation amendments one step closer

Following on from our April alert regarding the introduction of the Intellectual Property Laws Amendment (Productivity Commission Response Part 1 and Other Measures) Bill 2018 (Cth) (Bill), the Bill passed the House of Representatives on 27 June 2018. It is presently before the Senate, with a second reading moved. The Bill proposes changes to the following intellectual … Read more

ASX restricts publication of broker and analyst research reports

ASX has recently updated its Guidance Note 8 Continuous Disclosure: Listing Rules 3.1 – 3.1B in relation to the publication of broker and analyst research reports. ASX reports that it has recently experienced a number of issues with listed entities commissioning and publicising broker and analyst research reports which include objectionable material that the entity … Read more

ASIC consults on credit card responsible lending assessments

ASIC has today issued Consultation Paper: Responsible Lending Assessments (CP 303) which proposes for a 3 year period to be used for assessing whether a credit card contract or credit limit increase is unsuitable for responsible lending purposes. Under the recent reforms to the responsible lending obligations for credit card contracts (Treasury Laws Amendment (Banking … Read more

Cheese, butter and potatoes are on the menu as the ACCC focuses on unfair contract terms in the agriculture industry

The transition to the new financial year has been accompanied by a flurry of activity by the ACCC regarding unfair contract terms in the agriculture industry. On 26 June 2018, the ACCC announced that it had instituted proceedings against the largest potato wholesaler in Australia, Mitolo Group Pty Ltd and a related entity (Mitolo) claiming, … Read more