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The Latest Articles
Merger reform legislation: complex process risks capturing more transactions than intended
Some industry concerns, however, have been addressed 20 min read Yesterday, the Federal Government introduced the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 (the Bill) to the Parliament, marking a significant shift in Australia's merger regime. From 1 January 2026, Australia will adopt a mandatory and suspensory administrative merger process. New merger authorisation and...
(WIP) New cyber incident response obligations for Australian organisations
The rationale for mandatory reporting is the Government's limited visibility over threats to the private sector and the current underreporting of ransomware payments. A ransomware reporting regime has previously been supported by both major parties so we expect this reporting regime will receive bipartisan support. Two key elements of the Government's proposal are: reporting obligations will be...
Forum: Allergies are nothing to be sneezed at
Allergies are easy to dismiss - until you get one. So is it irresponsible to use pesticides in a rental home where someone may be allergic? PLUS the strata scheme that turned out to be company title.
Podcast: Off-plan buyers rage and SMs slap back
In this week's podcast Jimmy and Sue discuss whether there is a viable solution to the Sapphire schemozzle in Gosford. And do strata managers have a point about unfair treatment from "self-appointed experts".
Sapphire: Shattered dreams or a bullet dodged?
Work has halted on the near-complete Sapphire development, leaving initial investors frustrated and angry as they decide whether their shattered dreams are really a bullet that they've dodged.
ACCC welcomes introduction of merger reform bill, prepares for implementation
10 October 2024 The ACCC today welcomed the introduction of the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 into the Australian Parliament, which if passed through the Parliament will provide the ACCC with fit for purpose tools targeted at identifying and preventing anti-competitive mergers. “This marks a significant milestone in the process of reforming...
Website Privacy Policy: What You Need to Know
In a data-fuelled ecosystem – such as the internet – a website privacy policy is one of the most important documents your small business will need. Legal compliance, transparency, and customer trust all hinge on the strength of your privacy policy.Understanding the importance of privacy policies and ensuring yours meets high standards are key...
Federal Court orders Qantas to pay $100m in penalties for misleading consumers
08 October 2024 Scam warning:The ACCC is aware that scammers have been calling people, falsely claiming to help them get payments. They may be using this media release about Qantas refunds to convince you that it is real. If you receive a call from anyone offering to help you with a payment or refund, hang up...
What Is A Shareholders Agreement?
What Is A Shareholders Agreement?A Shareholders Agreement is an important contract among a company’s shareholders. It outlines the decision-making process, what happens if a shareholder wishes to exit the company, how disputes are managed, and other key matters. Establishing these ground rules is essential for maintaining a healthy relationship and ensuring the business runs...
How To Start A First Aid Training Business
When there’s an emergency, the first steps you take are crucial. If you have the right knowledge on what to do, it can save someone’s life.First aid training businesses equip people with the knowledge and skills required to provide support in an emergency – not many businesses can say they do that.If providing people...
Time to finally end the disruptive low levies lurk
Developers can still emply a low levies lurk, setting fees at unfeasibly low rates to attract buyers, then sit back and watch as they rise to meet real needs and angry owners tear each other apart.
IMHO: Afternoons sound like fun with JV again
JimmyT is back with a semi-regular slot on James Valentine's Afternoons show on ABC radio 702 - and he's loving the smarter questions from strata stalwarts. The post IMHO: Afternoons sound like fun with JV again first appeared on FLAT CHAT.
Are we about to be rendered redundant by AI?
It started as a bit of fun - ask Artificial Intelligence a question about strata. Turns out some of these platforms are a lot smarter than you might imagine. The post Are we about to be rendered redundant by AI? first appeared on FLAT CHAT.
How the Guarantee of Origin scheme will affect commercial strategy for participants in the energy transition
An important part of Australia's green energy future 10 min read Following an extensive consultation period, the Federal Government has introduced the Future Made in Australia (Guarantee of Origin) Bill (the GO Bill) to Parliament. As a key pillar of the Federal Government's policy designed to accelerate Australia's transition to net zero, the long-awaited Guarantee...
Strata Groundhog Days: Wince, rinse and repeat
Why do we treat every regular occurrence in strata as if it were a brand new challenge? Francesco Andreone of GoStrata suggests we develop systems to make the regular routine. The post Strata Groundhog Days: Wince, rinse and repeat first appeared on FLAT CHAT.
Podcast: Could A.I. spell the end of Flat Chat?
Jimmy and Sue discuss what happens when you ask an AI chatbot a question about strata. The answers are amazing, amusing and alarming - for very different reasons. The post Podcast: Could A.I. spell the end of Flat Chat? first appeared on FLAT CHAT.
Lineage’s proposed acquisition of Fremantle City Coldstores not opposed
03 October 2024 The ACCC will not oppose the acquisition of Perth-based cold storage supplier Bigstreet Pty Ltd trading as Fremantle City Coldstores (FCC) by Australian subsidiaries of Lineage Logistics Holdings LLC. Lineage and FCC supply cold storage and warehousing services to a range of customers in Perth, including food manufacturers, retailers, and meat and seafood...
CHILD SAFE ORGANISATIONS BILL 2024 – WHAT SCHOOLS AND OTHER CHILD SERVICES NEED TO KNOW
Child Safe Organisations Bill 2024 – What Schools & Other Child Services need to know. The new Child Safe Organisations Bill 2024 (“the Bill”) will come into effect from October 2025, and will apply to all “child safe entities”. A child safe entity is any entity that provides services or facilities specifically for children. The...
Reinstatement of employee ordered by FWC despite company policy breaches
Reinstatement of employee ordered by FWC despite company policy breaches Hard and fast rules, do they always give rise to termination? The case of Macnish v Virgin Airlines Australia P/L [2024] FWC 2154 Mr Macnish, cabin crew member for Virgin Airlines Australia (Virgin) made a claim for Unfair Dismissal in the Fair Work Commission, following the...
ACCC consults on Sigma’s proposed remedy for Chemist Warehouse acquisition
01 October 2024 The ACCC is seeking views on a proposed court-enforceable undertaking offered by Sigma Healthcare Limited (ASX: SIG) in relation to its proposed acquisition of Chemist Warehouse Group Holdings. Sigma is one of the largest wholesalers of prescription medicines, over the counter and front of store products. Sigma is also a franchisor of pharmacies...