There are significant changes coming to the franchising industry. New regulations and a re-drafted Franchising Code of Conduct are set to begin from 1 April 2025. The Franchising Code of Conduct (the Code) aims to ensure fairness in the franchising sector by addressing potential issues resulting from the power imbalance between franchisors and franchisees. Both [...]
The Privacy and Other Legislation Amendment Bill 2024 (“the Bill”) was finally introduced after a four-year review of the Privacy Act 1988 (Cth). While not all the “agreed” or “agreed in principle” amendment proposals are adopted and included in the Bill, this Bill is just the first tranche of the reforms - more is yet [...]
The term “M&A” is commonly used in finance and legal circles and in boardrooms across Australia, but what does it really mean? Put simply, M&A is short for mergers and acquisitions – i.e., transactions that bring together two businesses. Selling your business, regardless of its scale or maturity, demands meticulous planning and foresight, should you [...]
How are you handling privacy risks in your business? Even as a small to medium business, if you are handling personal information of your clients, customers, employees, or any other stakeholder, you should have processes in place to ensure compliance with privacy laws and regulations, mitigate potential harms, and safeguard personal information. The most effective [...]
