1619 results
Court hands down first fines for breaches of single pricing law
On 4 November 2010, the Federal Court ordered two restaurants to pay penalties of $13,200 each for breaching the law requiring a single, all-inclusive price to be clearly stated to consumers. This follows the introduction earlier this year of new laws under the Trade Practices Act (which from next year will be…
Benefits and pitfalls of social media for your business — do you have the right policies in place?
In brief — Increasing use of social media Social media is being used increasingly, not only by individuals personally, but also by people who wish to promote their businesses and themselves in a professional or business capacity. Social media can be a powerful tool for achieving these ends. Difficulty of corporate control over social media…
Do you provide credit in your business? Under the new rules you may need a Credit Licence
In brief — New credit licensing régime in Australia If you engage in credit activities for the first time from 1 July 2010, you will generally need an Australian Credit Licence or an authorisation from a licensee before commencing business. Businesses involved in credit related activities for personal, household or domestic purposes should…
Equal opportunity for women in the workplace — reporting obligations of employers
In brief — Importance of compliance with EOWA Act The federal government is serious about promoting equal opportunity for women in the workplace. Employers need to comply with the Equal Opportunity for Women in the Workplace Act 1999 (EOWA Act). Renewed focus on equal opportunity The highly publicised sexual harassment dispute involving…
Will your business be affected by the PPSA?
In Brief The Personal Property Securities Act 2009 (Cth) (PPSA) establishes a new, nationwide régime regulating interests in personal property. The PPSA is scheduled to commence on 30 January 2012. HOW DOES THE PPSA CHANGE THE LAW? The PPSA changes the order of priority of some security interests, changes the way in which those…
Retention of Title under the PPSA
The commencement of the Personal Property Security Act 2009 (PPSA) on 30 January 2012 has significant implications on the business undertakings of many Australian industries, especially those who regularly supply goods on retention of title (ROT) terms. An ROT clause, also referred to as a ‘Romalpa’ clause, is often used…
ACCC cracks down on free range claims
Declaring a crackdown on claims by poultry producers of “free range” eggs or birds (or similar expressions), the Australian Competition and Consumer Commission (ACCC) has accused a number of Australia’s main chicken suppliers of engaging in misleading and deceptive conduct regarding the promotion and supply of their products. The ACCC has indicated…
Optus wins most recent footy wars
AFL, NRL and Telstra unable to stop unlicensed “near-live” viewing of matches On 1 February 2012, the Federal Court of Australia confirmed that Optus is able to offer to users “near-live” broadcasts of sporting events, without having to pay licence fees to the rights holders, relying on the “time-shifting” exception in the…
Terminating employees on sick leave can be a recipe for disaster.
One of the biggest issues for an employer is dealing with underperforming staff members who abuse their sick leave entitlements or access their sick leave for a stress claim immediately ensuing disciplinarily meeting. Whilst an employer is not to be prevented from terminating an employee whilst on sick leave if the termination…
Why do I need a Will with Testamentary Trusts?
Advantages in nut shell Having a testamentary trust in your will: Can have asset protection benefits for your beneficiaries, for instance, by protecting from loss caused by bankruptcy and in some cases, divorce. Provides capital gains and income tax efficiencies. Is prudent where a beneficiary to your will is either incapable of managing their own…
Australian trade mark decision nuckin futs?
An Australian snack food company has been given the go ahead to sell their prepared nuts product under its unconventional brand name “Nuckin Futs”, following a legal trade mark battle spanning 12 months. The initial trade mark application for “Nuckin Futs” was first rejected by the Trade Mark Office under the Trade…
Really unlucky in love — dating website scams
New ACCC guidelines to protect consumers of online dating sites from scammers. If you think that the only people vulnerable to online scams are retirees lacking a certain internet savviness or gullible folk willingly to part with sensitive financial information to the Nigerian Central Bank, think again. In response to a significant increase in…
Cash-flow problems no excuse for underpayment of workers, magistrate rules
In these difficult economic times it is common for small businesses to experience liquidity and cash-flow problems. Under these situations it is natural for a small business to concentrate on paying those people that keep the business afloat. However, it is important that a business does not disregard its obligations as an employer…
Insolvent trading…? Don’t go there.
Director’s duty to avoid insolvent trading Section 588G of the Corporations Act 2001 imposes liability on a company director: (a) who allows a company to incur a debt when the company is insolvent, or becomes insolvent by incurring the debt; and (b) who suspected at the time when the company incurred the debt that the company…
Reform of Australian Contract Law
On 22 March 2012 the Commonwealth Attorney-General, Nicola Roxon, released a discussion paper which could lead to wide-ranging review and reform of contract law in Australia. The discussion paper was prepared by the Commonwealth Attorney-General’s Department. In its summary of the paper, the Department refers to several objectives it says may be…