The Bill introduces a new cause of action in tort for intentionally or recklessly intruding upon a person’s seclusion or misusing information that relates to them, in circumstances where a reasonable expectation of privacy exists. The tort will only apply where the invasion of privacy was ‘serious’.
A statutory tort of this kind has been
Tesseract v Pascale – Proportionate liability in arbitration
Shifting risk to the claimant
4 min read
The High Court’s recent judgment in Tesseract International Pty Ltd v Pascale Construction Pty Ltd has significant implications for parties subject to existing arbitration agreements and that are considering it as a mode of dispute resolution in future contracts.
In this Insight, we analyse the decision and…
Mandatory climate-related financial reporting is here: preparing for 1 January 2025
Climate-related financial disclosure: key features and guidance to prepare
The long-awaited Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 (Cth) (the Bill), which introduces the framework for Australia’s first climate-related financial disclosure regime, was passed by Parliament on 9 September 2024.
This pivotal legislation marks a significant shift in the way businesses prepare their…
What the recent surge in IP filings means for your business
Increasing global competition, emerging technologies and contentious activity
5 min read
The latest annual Australian IP Report 2024 (the Report) reveals a significant increase in intellectual property (IP) investment in 2023. This growth was seen from both local and international entities seeking design and trade mark protection in Australia, marking an important change from previous…
Preparing for voluntary standards and mandatory legislation: a deep dive into Australia's evolving AI regulatory landscape
Moving towards responsible AI
12 min read
Over the past few weeks, the Australian Government has published a series of standards, proposals and policies which foreshadow the principles likely to be adopted in mandatory AI legislation once introduced.
On 5 September, the Australian Government published:
- a Voluntary AI Safety Standard (the Voluntary Standard), which includes
…
Investing in WA: Capacity Investment Scheme now underway for renewable energy projects
The Reserve Capacity Mechanism and eligibility criteria
6 min read
The Federal Government’s Capacity Investment Scheme (CIS), introduced in late 2023, is now underway in WA. The WA Government has entered into a Renewable Energy Transformation Agreement (RETA) with the Federal Government to accelerate the buildout of renewable projects in the Wholesale Electricity Market (WEM),…
IP Australia announces changes to fees
An overview of new and increased fees and how to minimise their impact
2 min read
IP Australia has announced sweeping changes to the amount and timing of official fees for patents, trade marks, designs and plant breeders’ rights, as well as changes to fees and recoverable costs for oppositions. The changes will come into effect…
M&A reform: notification thresholds out for consultation
Too soon to tell if proposed thresholds will result in uplift of merger notifications
5 min read
As foreshadowed in August, Treasury has released its Consultation Paper on notification thresholds under Australia’s proposed new mandatory merger regime. The Consultation Paper sets out its proposed design and values for the notification thresholds, which are based…
Australian debt capital markets: enhanced conditions and growing issuance volumes
Corporate issuances are on track to surpass the record
3 min read
With $13.3 billion1 raised by corporates in the Australian corporate bond market in the first half of 2024, the volumes speak for themselves. Our clients are reporting generally favourable issuance conditions, with strong levels of subscriptions, good access to longer tenor and…
Recent UK money laundering decision
Organisations should be uplifting their risk management practices
3 min read
Proceeds of crime laws may apply where a company is connected to modern slavery or forced labour—eg through its business relationships with suppliers. The UK Court of Appeal recently considered the potential for this intersection, shedding light on the possible implications and applicability in…