When an employee has two jobs with the same employer, questions can arise as to the employee’s entitlements. This was the situation for an Australia Post employee who made a claim in the Federal Circuit Court of Australia (FCC).
In this edition of our newsletter for the public sector, you’ll find a great recipe for Easter, an interview with Stefan Grun, Executive Manager – Marketing & Communications, VicHealth and wrap up the federal budget.
Funds and financial products
ASIC survey of marketplace lending providers
On 12 April, ASIC released Report 617 Survey of marketplace lending providers: 2017–18 and an accompanying infographic.
E-commerce has seen exponential growth in India since the issuance of press note 2 of 2000 by the Government of India permitting 100% foreign direct investment (“FDI”) in Business to Business (B2B) e-commerce activities. With the growth came deviations and the Government received many complaints about certain marketplace platforms violating the policy by influencing the price of products and indirectly engaging in inventory based model, which is not otherwise permitted. The Government issued another press note dated December 26, 2018 (“Press Note”) to introduce certain changes to the FDI policy in the e-commerce sector. Coming into effect from February 1, 2019, this Press Note has had far-reaching implications on e-commerce entities (with FDI) operating in India, requiring them to significantly overhaul their existing business model to comply with the current FDI Policy. Reportedly various e-commerce giants like Amazon sought an extension for compliance with this Press Note, however, no such extension was granted, and this Press Note became effective on February 1, 2019.
The long-awaited Treasury Laws Amendment (Design and Distribution Obligations and Product Intervention Powers) Bill 2019 (DDO & PIP Act) has passed and received Royal Assent on 5 April 2019.
Hall & Wilcox is pleased to have seven partners named finalists in the Lawyers Weekly 2019 Partner of the Year Awards.
Sports technology and esports are innovative and rapidly growing industries that have spawned many new business ventures, the investors in which may be eligible for certain tax concessions under the Federal Government’s early stage innovation company (ESIC) scheme.
Warranties against defects
Suppliers or manufacturers of goods or services may wish to provide promises to consumers about what they will do in the event that there is a defect in the relevant good or service, such as repairing or replacing the good, providing the service again or compensating the consumer.
Leading Australian law firm Hall & Wilcox has separately advised Compass Housing Services and Hume Community Housing Association on the first round of the National Housing Finance and Investment Corporation (NHFIC) loans.