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Superannuation changes – are you prepared?
The Australian Government has introduced significant changes to superannuation, with gradual increases in the compulsory superannuation rate set to impact both employers and employees. Starting in July 2013, employers will be required to contribute more to their employees’ superannuation funds, with the rate rising to 12% by 2019. This article breaks down the key changes,…
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What exactly is a Corporate Governance Framework?
Businesses need to ensure their advertising and marketing materials comply with the Australian Consumer Law (ACL). Our experienced team can provide advice on structuring promotions, drafting terms and conditions, and obtaining permits for competitions and games of chance, helping businesses avoid costly penalties from the Australian Competition and Consumer Commission (ACCC).
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Director’s duty to prevent insolvent trading
This article provides an overview of directors’ duty to prevent insolvent trading under the Corporations Act 2001 (Cth), including the test for solvency, indicators of potential insolvency, and potential defences.
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Shifts in criminal liability for company officers
The Personal Liability for Corporate Fault Reform Act 2012 (Cth) was implemented to ensure personal criminal liability for corporate fault is imposed in line with corporate governance principles, reducing risk and compliance issues for Company Officers.
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Why is a Privacy Act Compliance Audit (PACA) necessary?
Understand the implications of the Privacy Act 1988 (Cth) and national privacy principles with the upcoming legislative amendments. Find out what a Privacy Act Compliance Audit (PACA) involves, who should consider it, and the consequences of non-compliance.
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How will the new Privacy laws affect your organisation?
What were the changes to the Privacy Act in 2014? Legislative changes to the Privacy Act 1988 (Cth) (Privacy Act) will come into effect on 12 March 2014. The Privacy Amendment (Enhancing Privacy Protection) Act 2012 (Cth) (Amendments) amends the Privacy Act by introducing:
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Employee Share Scheme (ESS) offering through options
Offering employees shares or options to acquire securities can be a great way to reward, retain, and entice them. Discover the different types of employee share schemes, their associated tax implications, the reporting and withholding obligations employers must satisfy.
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Federal Court implies a new duty in employment contracts
The landmark Commonwealth Bank of Australia v Barker [2014] HCA 32 ruling has changed the way employers must manage their employees. Find out how this Federal Court decision could affect your business and what you need to do to ensure compliance.
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Privacy Amendment (Enhancing Privacy Protection) Bill 2012 (Cth) – Key provisions
The Privacy Act 1988 (Cth) is undergoing major changes, with the House of Representatives passing proposed amendments. These changes could have a significant impact on current company practices. Find out more about what the changes are and how they could affect you.
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