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PPS Reform Alert
26/06/2009
The Senate Committee on Legal and Constitutional Affairs made eleven recommendations to the Australian Government regarding the PPS reform. The Government in response to these recommendations has accepted in substance one of the recommendations and fully accepted the remaining ten recommendations.
Read article
Client Information Bulletin Issue 77 - Jun 09
25/06/2009
- How far does an ASIC Registered Charge reach?
- New laws affecting Executive Termination Benefits.
- Do you know the difference between license and licence?
Read Issue 77
National Consumer Credit Protection Reform Package Introduced into Parliament
25/06/2009
- Today, the Minister for Financial Services, Superannuation and Corporate Law, Chris Bowen MP, introduced the national consumer credit laws into Parliament.
Read more on this breaking news
Rebates, Side Deals, Cash-Backs and Discounts
02/06/2009
We have recently noticed an increase in rebates, side deals, cashbacks
and early settlement discounts offered in Contracts of Sale.
Some of the rebates were not disclosed by the borrower in the initial
credit application.
Find out more here
Draft Provisions on Unfair Contract Terms
19/05/2009
On 11 May 2009, the Federal Government released a consultation paper entitled “The Australian Consumer Law - Consultation on draft provisions on unfair contract terms”. This draft implements the decision of the Council of Australian Governments (COAG) in 2008 to create a single national consumer law.
Read more.
Credit Industry Reform - Licensing Is On Its Way
01/05/2009
It’s a busy year for the Credit Industry. Not only does it have to come to
terms with the Global Financial Crisis, but we will shortly have additional
rafts of federal legislation to deal with in the short term.
Read more here.
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