Insights Categories: Corporate & Commercial

Mar 15, 2021

INSIGHT: Changes to ACNC Governance Standards

The Australian Charities and Not-for-profits Commission (ACNC) Governance Standards require registered charities to remain charitable, operate lawfully, and be run in an accountable and responsible way. For registered charities, complying with the Governance Standards not only ensures charity registration with the ACNC, but also continued Commonwealth charity tax concessions. In recent months, two major changes […]

Mar 12, 2021

INSIGHT: Do your staff members understand their obligations regarding the handling and storage of personal information?

A recent decision of the Australian Information and Privacy Commissioner, Commissioner Falk, highlights the importance of staff training on the collection and storage of personal information and the need to manage customers’ personal information in an open and transparent way. In 2017, Flight Centre held a ‘design jam’ to create technological solutions for travel agents. […]

Mar 5, 2021

INSIGHT: Privacy and External Dispute Resolution schemes: Limitations for healthcare credit providers

One of the intentions of the Privacy Act 1988 (Cth) (Privacy Act) is to enable an effective credit reporting system while safeguarding the privacy of individuals. To ensure that credit providers are able to comply with their responsible lending obligations, Part IIIA of the Privacy Act sets out: the types of personal information that credit […]

Feb 26, 2021

INSIGHT: Future directions for the Consumer Data Right

On 23 December 2020, the Australian Government released the Report of the Inquiry into Future Directions for the Consumer Data Right. The Report looks at how Australia’s data sharing regime can be enhanced to further benefit consumers and strengthen our digital economy. For Australian businesses in the banking, energy and telecommunications sectors, now is the […]

Feb 25, 2021

INSIGHT: Major Insolvency Law Reform Enacted

Small to medium businesses can now restructure their way out of financial distress without having to ‘throw the baby out with the bathwater’. On 1 January 2021 the Corporations Amendment (Corporation Insolvency Reforms) Act 2020 (Cth) was passed, resulting in Australia’s most major insolvency law reform of the past 30 years. Restructuring Process The main […]

Feb 23, 2021

INSIGHT: Does your domain name meet the new trade mark eligibility rules?

From 12 April 2021, there will be new rules for ownership of .com.au and .net.au domain names. The new rules are designed to (among other things) enhance trust in the .au namespaces. The changes being implemented from 12 April 2021 include changes to: eligibility and allocation rules for .com.au, .net.au, .org.au and .asn.au domains the […]

Feb 15, 2021

INSIGHT: Reinstatement of thresholds and other FIRB changes

Major changes to Australia’s foreign investment regime came into effect on 1 January 2021, through two pieces of legislation: the Foreign Investment Reform (Protecting Australia’s National Security) Act 2020 (Cth) which amends the Foreign Acquisitions and Takeovers Act 1975 (Cth) (the Act); and the Foreign Investment Reform (Protecting Australia’s National Security) Regulations 2020 (Cth) which […]

Feb 10, 2021

INSIGHT: How small businesses can utilise the ACCC’s new collective bargaining class exemption

Small and medium businesses will have the ability to collectively bargain with their suppliers once the first ever class exemption granted by the ACCC commences this month. Background and the ACCC’s class exemption power Since November 2017, the ACCC has had the power to make class exemptions for certain types of conduct which may otherwise […]

Dec 4, 2020

INSIGHT: New Zealand’s Privacy Act Overhaul

On 1 December 2020, the Privacy Act 2020 (NZ) (the NZ Privacy Act), repealed and replaced the Privacy Act 1993 (NZ). The NZ Privacy Act better aligns the privacy law in New Zealand (NZ) with international best practice. Importantly, for Australian residents and organisations, it means greater security and accountability for cross-border flow of personal […]

Sep 14, 2020

INSIGHT: Pharmacy relocation – tips for navigating the critical steps

The need to relocate an existing pharmacy can arise for a variety of reasons. Meridian has recently advised pharmacies moving within the same shopping centre (for example, to take advantage of a larger sized shop), and a pharmacy in a medical centre moving to a new location along with the medical practice. While moving from […]

Sep 9, 2020

INSIGHT: Key insights from July 2020 OAIC Notifiable Data Breaches Report

The Notifiable Data Breaches (NDB) scheme was introduced in February 2018 to improve consumer protection and security relating to personal information. The Office of the Australian Information Commissioner (OAIC) recently released its half-yearly Notifiable Data Breaches Report (NDBR) for the period from 1 January to 30 July 2020. The NDBR provides detail around the causes […]

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