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Member Articles


System Reboot: Australia to Introduce New Cyber Security Laws

Australia has introduced a Cyber Security Legislative Package into Parliament, reinforcing its commitment to safeguarding its cyber environment and critical infrastructure. As global cyber threats intensify, the new mea ...

Want to Throw a Shrimp on the Barbie? ASIC Updates Guidance on Carrying on Business in Australia

Australian Securities and Exchange Commission (ASIC) has reissued its Regulatory Guide 121 (RG121) including updated guidance to overseas companies on whether they are, and how they can compliantly, conduct a financial ...

Mandatory Reporting of Ransomware Payments May Soon Be Law. What You Need to Know

On 9 October 2024, in accordance with its 2023-2030 Cyber Security Strategy, the Government introduced into Parliament legislation to create a standalone Cyber Security Act, which would mandate an obligation to report ra ...

New Changes Aim to Transform Costs in Discrimination Claims: What You Need to Know

In a significant shift said to be aimed at improving access to justice, the Australian Human Rights Commission Amendment (Costs Protection) Bill 2023 proposed key reforms associated with costs in discrimination matters ...

Policing the Digital Economy: Australia Proposes Sweeping Scam Prevention Obligations

Australia is stepping up its fight against scams announcing a consultation on legislation to introduce a “Scams Prevention Framework” (SPF), which aims to protect Australians, visitors, and small businesses (defined ...

Underwriting Shortfalls Must Be Disclosed

Nearly a decade has passed since ANZ placed circa $750 million in shares to the underwriters of its $2.5 billion equity capital raising leading to a dispute with ASIC over ANZ’s failure to disclose the shortfall. The F ...

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