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 [...]
National unfair contract terms (UCT) regime came into operation in 2010 which rendered void unfair terms in standard form consumer contracts. Further reforms were introduced in November 2023 which made such UCT’s void, but also illegal. The Competition and Consumer Act 2010 and the ASIC Act 2001 contain significant penalties for using UCTs, with each [...]
