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1 month ago | 
channellife.com.au | Emily Booth |Holding Redlich
The Australian Competition and Consumer Commission (ACCC) recently reviewed more than 2,000 Australian retail websites to assess whether their return policies and terms and conditions complied with the Australian Consumer Law (ACL). The review uncovered several practices that could potentially mislead or deceive consumers about their rights to exchange, refund or return products.
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Nov 27, 2024 | 
securitybrief.com.au | Dan Pearce |Holding Redlich
The Cyber Security Act and related bills have been passed by the Parliament, following review by the Parliamentary Joint Committee on Intelligence and Security. That Committee recommended a number of relatively minor changes, and with effect from six months after royal assent, once formal approval is granted by the Governor General, most businesses will be required to report ransomware payments.
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Oct 31, 2024 | 
thesector.com.au | Joanne Jary |Kayla Plunkett |Holding Redlich |Freya Lucas
As the multi-billion dollar sector continues to evolve and consolidate following several high-profile acquisitions and in the wake of the release of the Australian Competition and Consumer Commission’s (ACCCs) Childcare inquiry, childcare owners and operators in the corporate space need to be aware of the upcoming changes and prepare for added scrutiny. What are the changes?
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Oct 28, 2024 | 
dynamicbusiness.com | Holding Redlich
Sharing Instagram reels of employees chatting about their favourite products or hopping on the latest TikTok trends sounds harmless, but what happens when this content goes viral – or attracts negative attention? Featuring employees on a company’s social media has never been more popular, but the legal implications can be significant. In fact, putting staff in the spotlight raises several questions: Can employers require employees to participate in social media content promoting the business?
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Oct 27, 2024 | 
dynamicbusiness.com | Holding Redlich
In a significant development for Environmental, Social, and Governance (ESG) compliance, the Federal Court recently imposed a record $12.9 million penalty against Vanguard Investments Australia (Vanguard) for misleading consumers about certain funds that would be screened to exclude bond issuers with significant business activities in certain industries.
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Oct 23, 2024 | 
securitybrief.com.au | Dan Pearce |Holding Redlich
Following on from its privacy and AI reforms last month, the Commonwealth government has released another package of proposed legislation to tackle cyber security issues. The bills include the (the Bill) and amendments to the Intelligence Services Act 2001 and the Security of Critical Infrastructure Act 2018 (SOCI Act).
While the package proposes several reforms, the initiatives expected to have the most immediate practical impact on organisations are highlighted below.
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Oct 3, 2024 | 
accountantsdaily.com.au | Holding Redlich |Dhanushka Jayawardena
The 2023-24 financial year has seen several tax developments that will have important structuring implications for cross-border mergers and acquisitions.
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Oct 2, 2024 | 
dynamicbusiness.com | Holding Redlich
In recent years, reports of wage underpayment have significantly risen across Australian businesses, including small and medium sized enterprises. A single inquiry from an employee regarding their pay or entitlements can trigger an investigation by the Fair Work Ombudsman (FWO), potentially leading to compliance notices and prosecution, which may result in significant fines, interest on back pay, and reputational damage.
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Sep 25, 2024 | 
dynamicbusiness.com | Holding Redlich
The Fair Work Legislation Amendment (Closing Loopholes No. 2) Act 2024 (Cth) (Closing Loopholes No.2 Act) has introduced a swath of reforms that impact both small and medium enterprises (SMEs). Businesses who employ fewer than 15 staff members at a time are classed as ‘small business employers’ under the Fair Work Act 2009 (Cth) (FW Act). Several of the legislative changes are more lenient for small businesses.
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Sep 25, 2024 | 
thesector.com.au | Charles Power |Holding Redlich |Freya Lucas
However, as demonstrated by a recent early childhood education sector ruling, Alisa Quill v The Trustee for Campbell Childcare Trust (2024), an employee cannot lodge an unfair dismissal claim unless their employment has been terminated at the employer’s initiative.
