The transition from the Banking Executive Accountability Regime to the Financial Accountability Regime is due to take place on 15 March 2024 for the banking industry. Companies covered by the regime need to be aware of these changes and ensure relevant documentation, including relating to accountable persons and variable remuneration, is up to date.
ASIC has written to public companies, large proprietary companies and trustees of registrable superannuation entities urging them to review their whistleblowing policies to ensure they are compliant with the Corporations Act 2001.
On 4 August 2021, the High Court overturned the Full Federal Court’s decision in Rossato (and the findings in Skene), holding that Mr Rossato was, in fact, a casual employee. The result is that Mr Rossato was found not to be entitled to any back payments. The decision represents a shift in how Courts have approached issues related to casual employment and provides employers with comfort in relation to casual employment arrangements.
In brief The Fair Work Amendment (Supporting Australia’s Jobs and Economic Recovery) Bill 2020 (“Bill”) was introduced into Federal Parliament on 9 December 2020. If passed, this “omnibus” Bill will represent the most change to our workplace relations laws since the introduction of the Fair Work Act 2009 (Cth) (“FW…
The spread of the 2019 Novel Coronavirus is prompting Australian employers to urgently review their work health and safety practices and consider contingency plans to protect their staff and continue operations. Employers will need to prepare their workforce for rapid changes if they are going to weather the storm ahead.…