#Legislation
How Australian SMEs can prepare for stricter critical infrastructure regulations
The Government has changed the rules surrounding critical infrastructure assets and SMEs need to ensure they are compliant.
Australia’s new email legislation and why it is actually a good thing for businesses
Plus, here’s how to ensure your unsubscribe process adheres to the new laws…
The changes in insolvency & restructuring rules that could catch out Australian businesses
“COVID Safe Harbour” insolvency rules have been replaced by legislation that includes a new, streamlined SME restructuring process…
Parliament urged to quickly pass, implement legislation to help SMEs crowd-source funding
The peak body for Australia’s fintech industry has urged Federal Parliament to prioritise a ‘vital new source of funds’ for SMEs by expediting the approval and implementation of private company equity crowdfunding legislation introduced in September 2017. According to FinTech Australia chair Stuart Stoyan, the Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Bill 2017 has […]
“Innovation will flourish” in the digital currency sector as anti-laundering laws pass
The passage of anti-money laundering legislation through Parliament on Thursday will facilitate further growth in Australia’s local blockchain and digital currency industry, according to local fintech leaders. The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2017 will extend anti-money laundering and counter-terrorism financing regulation to digital currency exchanges. The legislation requires these exchanges to monitor […]
Draft legislation to boost fintech startup investment released for comment by treasurer
The Turnbull Government has drafted legislative reforms to support investment in innovative fintech companies by venture capital and angel investors, Treasurer Scott Morrison has announced. Released yesterday for a public consultation period ending Friday, 10 November, the exposure draft of the Treasury Laws Amendment (2017 Measures No. #) Bill 2017 proposes amendments to the Tax […]
How will the new mandatory data breach notification laws impact your business?
Every business owner has a responsibility to stay on top of – and comply with – changes to the law in their business operations. The Australian authorities don’t respond well to pleadings of ignorance, especially when it comes to businesses. So, are you aware of the latest changes to data breach notification laws? Do you know […]
Dos and don’ts for online-only businesses
These days our mobile phones are an extension of ourselves – we access them for almost everything. With so much time dedicated to the small screen in our hands, it makes sense for start-ups and entrepreneurs to consider launching online-only businesses. There are a number of benefits of being solely an e-commerce operation, particularly from […]
ACT to be world’s first capital to legalise ‘disruptive’ Uber
The ACT is set to be the first national capital to regulate online ride-sharing service, Uber, as the service prepares to legally enter the Canberra market from October 30th. According to an ABC report the reforms to ACT legislation will see taxi licences immediately halved from $20,000 to $10,000 in order to ensure the taxi […]
Further legislation introduced to support small business
Three measures aimed at supporting small business were introduced yesterday as part of the Government’s $5.5. billion Jobs and Small Business package.
Small business the focus of unfair contract terms draft legislation
The Abbott Government has today released a draft legislation put forward to further protect small businesses from unfair contract terms.
Amendment introduced to employee share scheme laws
Small Business Minister Bruce Billson introduced an amendment to the laws surrounding employee share schemes, a move he said will boost Australia’s start-up sector and drive innovation.
Opinion: Hire industry suffers red tape and threat to hired assets
The decision of the Victorian Supreme Court in Carrafa & Others v Doka Formwork Pty Limited [2014] VSC 520 handed down in November 2014 encapsulates everything that is wrong with the PPSA from the hire industry’s perspective.
What you need to know about spam laws
If you are found to be contravening anti-spam laws in Australia your business could face hefty fines and a damaged reputation.
Small business stands to benefit from “Repeal Day”
Small businesses are facing the prospect of faster payments for government contracts and a reduced burden in administering employee entitlements under Tony Abbott’s deregulation drive.
Legal perspective: Thinking of launching a franchise?
Setting up a franchise can be a great business decision, but there are also significant legal and regulatory costs to be considered.
Blame, claims and the rise of litigation culture
Australian business has long had the millstone of workers’ compensation claims around its neck.
What you need to know about changes to super (part 2)
This is the second instalment of a three-part series about upcoming changes to superannuation.
What you need to know about changes to super (part 1)
As a business owner, you are probably aware that there are some changes planned to superannuation and the minimum requirements paid to employees. However, do you know exactly what they are, and how they will affect your business?
The legality of passing on carbon tax costs
The carbon tax is coming, and lawyers are warning that businesses must review their contractual rights and obligations around the passing on of carbon costs so they’re not left with an unacceptable share of the cost burden when the legislation kicks in.
Small business gets anti-dumping legislation boost
Anti-dumping legislation is set to receive its most important improvement to date, as the Federal Government looks to lessen the impact of dumping on local businesses.
OH&S legislation changes cause headaches for business
For Occupational Health and Safety Managers, 2010 promises to be a tough year, with legislative changes and new technologies creating a demanding environment for Risk Managers.
Anger over proposed bankruptcy amendments
Australia’s largest privately-owned debt collection agency Prushka has rejected claims by the Council of Small Business that proposed changes to bankruptcy legislation will produce better outcomes for SME’s. CEO of Prushka, Roger Mendelson said the Government’s proposal to change the current bankruptcy threshold from $2,000 to $10,000 shows an obvious lack of understanding of small […]
Small business supports new bankruptcy laws
Proposed changes to Australia’s bankruptcy laws have today received support from the Council of Small Business of Australia (COSBOA). One the eve of Senate debate around the Bankruptcy Legislation Amendment Bill 2009, the Council of Small Business has affirmed support for the bill which will ultimately improve the position for many small businesses that experience […]