Regulation

October 2017

Government looking at reforms to address ‘phoenixing’ – October 2017

Filed under: Politics, Australian Politics, Trade and industry, Regulation,

The Productivity Commission has published a consultation paper for its inquiry into “phoenixing” – the practice of stripping and transferring assets from one company to another to avoid paying liabilities.

Government announces largest ever product recall for airbags – October 2017

Filed under: Politics, Australian Politics, Trade and industry, Regulation,

The minister responsible for consumer affairs, Small Business Minister Michael McCormack has made a directive for a recall notice for the controversial Takata airbags.

September 2017

Update of copyright laws begins – September 2017

Filed under: Trade and industry, Regulation,

As part of its review of copyright laws, the Communications Department has published a consultation paper and draft regulations.

Government takes first steps towards Intellectual Property reform – September 2017

Filed under: Politics, Australian Politics, Trade and industry, Regulation,

The Commonwealth Government has released its response to the review of Australia’s intellectual property arrangements and begun a consultation process on proposed changes.

August 2017

Government announces review into the integrity of Australian sport – August 2017

Filed under: Politics, Australian Politics, Trade and industry, Regulation,

Sport Minister Greg Hunt has appointed James Wood QC to lead a review into the integrity of Australian sport as part of the development of the Government’s National Sport Plan.

May 2017

Consultation opened on draft regulations for ASIC industry funding – May 2017

Filed under: Economy and Finance, Finance, Financial Regulation, Trade and industry, Regulation,

The federal Government has released draft regulations on the operation of the industry funding model for the Australian Securities and Investments Commission (ASIC).

February 2017

Legislation passed for stronger country-of-origin’ labelling – February 2017

Filed under: Politics, Australian Politics, Trade and industry, Regulation,

Federal Parliament has passed the Government’s latest changes to country-of-origin labelling laws.

November 2016

Consultation launched on industry funding for ASIC – November 2016

Filed under: Trade and industry, Regulation,

Treasury has launched the consultation process for the Government’s industry funding model for the Australian Securities and Investments Commission (ASIC).

October 2016

Xenophon moves for drone regulation – October 2016

Filed under: Politics, Trade and industry, Infrastructure, Regulation,

South Australian crossbench Senator Nick Xenophon, now leader of the Nick Xenophon Team, says he will move to overthrow new “dangerous” drone rules, concerned that lax regulations could lead to mid-air collisions.

December 2015

Review of Customs licensing announced – December 2015

Filed under: Australian Politics, Regulation,

The Department of Immigration and Border Protection is undertaking a review of all licensing regimes under the Customs Act supported by the Australian Taxation Office (ATO) which administers the warehousing of excise equivalent goods (EEGs) under the Customs Act.

October 2015

Productivity Commission recommends tuning mutual recognition – October 2015

Filed under: Australian Politics, Regulation,

A Productivity Commission review has recommended changes to Australia’s mutual recognition arrangements with New Zealand to ensure that they remain effective.

September 2015

Consultation on industry funding for ASIC – September 2015

Filed under: Australian Politics, Banking, Financial Services, Business, Regulation,

Assistant Treasurer Josh Frydenberg has released a consultation paper seeking stakeholder views on the potential introduction of an industry funding model for the regulatory activities of the Australian Securities and Investments Commission (ASIC).

July 2015

Capability review for ASIC – July 2015

Filed under: Australian Politics, Regulation,

The Federal Government has commissioned a review to consider the capabilities of the Australian Securities and Investments Commission (ASIC).

March 2015

Origin labelling changes planned after Hepatitis A scare – March 2015

Filed under: Australian Politics, Regulation,

Agriculture Minister Barnaby Joyce says the Coalition Government is moving to introduce better country of origin labelling rules to give consumers a clearer understanding of where their food comes from.

December 2014

Improved coordination for cybercrime reporting

Filed under: Australian Politics, Regulation,

Cybercrime victims will be able to report criminals in real time following the launch of a revolutionary new online system for Australians.

Changes proposed to remuneration reports

Filed under: Australian Politics, Regulation,

The Government has released draft legislation that would change the requirements for inclusion in a company’s Remuneration Report to shareholders.

November 2014

Changes to bankruptcy law

Filed under: Australian Politics, Regulation,

Treasury has published draft legislation to “amend and streamline” the Bankruptcy Act and the Corporations Act.

October 2014

Productivity Commission identifies impediments to retail industry - October 2014

Filed under: Australian Politics, Regulation,

The Productivity Commission has released a research report on the relative costs of doing business in the Australian retail trade.

Legislation to abolish CAMAC - October 2014

Filed under: Australian Politics, Regulation,

The Government has released draft legislation and associated explanatory material to give effect to the 2014-15 Budget decision to abolish the Corporations and Markets Advisory Committee (CAMAC).

August 2014

Australian safety improves less than comparable countries - August 2014

Filed under: Australian Politics, Regulation,

The Bureau of Infrastructure, Transport and Regional Economics has published a new report comparing Australia’s road safety record with those of other members of the OECD nations.

Industry Regulation: Industry seeks legal force for food and grocery code

Filed under: Australian Politics, Regulation,

The Treasury has begun a consultation process on a proposal to give legal force to a proposed food and grocery industry draft Food and Grocery Code of Conduct.

ASIC details enforcement activity

Filed under: Australian Politics, Regulation,

The Australian Securities and Investments Commission has released its sixth half-yearly report, detailing enforcement activity to June 30 this year.

Regulation: Government formalises understandings with regulators

Filed under: Australian Politics, Regulation,

Treasurer Joe Hockey has issued each of the regulators within his portfolio with a Statement of Expectations.

Business Regulation: New debt collection guidelines

Filed under: Australian Politics, Regulation,

The Australian Competition and Consumer Commission (ACCC) and the Australian Securities and Investments Commission (ASIC) have launched an updated version of their Debt collection guideline: for collectors and creditors

June 2014

Business Regulation: Supermarkets call for uniform national trading hours - 6 June 2014

Filed under: Australian Politics, Regulation,

Australia’s dominant supermarket chains, Coles and Woolworths, have called for a national standard framework for trading hours and less restriction on the times they are allowed to operate.

Corporate Regulation: ASIC warns on selective briefings - 6 June 2014

Filed under: Australian Politics, Regulation,

The Australian Securities and Investments Commission has released its report on the inquiry into the way companies and their advisers handle confidential information.

May 2014

Company law deregulation proposed

Filed under: Australian Politics, Regulation,

The Treasury has begun public consultations on draft legislation to amend the companies law and the Australian Securities and Investments Commission Act.