In March 2017, Parliament enacted the Corporations Amendment (Crowd-sourced Funding) Act 2017 (Cth) (Act) which provided a legislative framework for public companies to raise capital on crowd-sourced equity funding platforms.
The Foreign Acquisitions and Takeovers Amendment (Exemptions and Other Measures) Regulations 2017) introduce a number of changes to the existing foreign investment framework, designed to address deficiencies in the existing legislation and cut red tape.
On 14 June 2017, the High Court unanimously dismissed an appeal against a decision of the Full Federal Court that Air New Zealand and PT Garuda engaged in price fixing in a market in Australia in contravention of section 45 of the then Trade Practices Act 1974 (TPA) (now Competition and Consumer Act 2010 (Cth) (CCA)).
This guide provides corporate counsel and international practitioners with a comprehensive worldwide legal analysis of the laws and regulations of Data Protection. Melissa Fai and Alex Borowsky authored the Australia chapter of the 2017 edition.
In our update sent on 9 June, we summarised the key recommendations in Dr Alan Finkel’s Final Report on the Independent Review into the Future Security of the National Electricity Market. As we noted, the Final Report is a comprehensive document and contains 50 individual recommendations in support of a wide-ranging policy vision for the future of the NEM.
The global economy is being transformed by data. The proliferation of digital services and ‘intelligent’ products, and the improved capacity of businesses to collect, store and analyse data generated by those products, means that more is known about consumers than ever before.