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HWL Ebsworth assists OZ Minerals with syndicated facility

HWL Ebsworth has assisted ASX listed mining company OZ Minerals Ltd in securing a $300 million revolving cash advance syndicated facility. The transaction was led out of the firm’s Adelaide office by Banking and Finance Partner Peter Staniszewski with the assistance of Nima Sedaghat and Dhanushka Jayawardena on tax matters. Six major lenders came together … Read more

HWL Ebsworth acts for Coles Group on exclusive agreement with Ocado Group plc to bring its online grocery and automated home delivery solution to Australia

HWL Ebsworth has advised Coles Group Limited on an exclusive services agreement with Ocado Group plc to bring its leading online grocery platform, automated single pick fulfilment technology and home delivery solution to Australia before the end of the 2023 financial year. Under the agreement, Ocado will partner with Coles in Australia to launch an … Read more

HWL Ebsworth acts for Viridian Financial Services Group on its acquisition of part of Westpac’s personal advice business, BT Financial Advice

HWL Ebsworth recently acted for Viridian Financial Services Group (Viridian) in entering into a sale agreement to acquire part of Westpac Banking Group’s personal advice business, BT Financial Advice. The deal represents a significant expansion of Viridian’s financial planning business, with offers made to around 175 BT Financial Advice salaried advisers and other management and … Read more

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Prudential Standard CPS 234 – Information Security

APRA’s new information security standard commences 1 July 2019 Background Australian Prudential Regulation Authority’s (‘APRA’) new mandatory Prudential Standard CPS 234 on Information Security (‘Standard’) comes into effect on 1 July 2019. The Standard has been drafted with the purpose of tackling the rise in information security threats. Overview of the Standard The new Standard … Read more

Super Alert – 7 June 2019

This week’s Super Alert covers a Treasury consultation in relation to the financial institution supervisory levy, changes to ASIC’s financial calculator relief and further updates from APRA in relation to the PYS legislation. Changes to ASIC relief for superannuation and retirement calculators On 4 June 2019, the ASIC Corporations (Amendment) Instrument 2019/514 (Instrument) was registered … Read more

Focus on privacy in health care: Data breach and the health practitioner

Speaking recently to a group of health practitioners I asked who in the room ran a business that was subject to the Privacy Act 1998 (Cth). Not one hand went up. An individual, partnership or body corporate in Australia that provides a health service to another individual and holds any health information is an organisation … Read more

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