Startups and entrepreneurs are a vital part of the Australian economy but issues affecting startups, or policies and promises focusing on investment in innovation, have received little air time in this federal election campaign, James Bull, Director of Frank, Hall & Wilcox’s dedicated start-up practice, asked key industry players and members of Hall & Wilcox’s Frank Lab cohort (all start-ups in varying stages of their entrepreneurial journey) to share their election wish lists.
Masters v Cameron update
The Victorian Court of Appeal has recently handed down its decision in The Edge Development Group Pty Ltd v Jack Road Investments Pty Ltd.1 The case involved a dispute as to whether a letter of offer signed by both parties was a binding contract for the sale of property. Ultimately, because the letter of offer was ‘subject to the contract being executed’, the Court found that the letter was not binding.
ASX releases a revised version of Guidance Note 33 Removal of Entities from the ASX Official List
Hall & Wilcox Health and community law alert
The Royal Commission into Violence, Abuse, Neglect and Exploitation of People with Disability has formally commenced, with the Letters Patent and terms of reference released. This follows a period of consultation since Prime Minister Scott Morrison and Minister for Families and Social Services Paul Fletcher announced the Commission’s establishment on 5 April.
Leading Australian law firm Hall & Wilcox has advised Zebpay, one of the world’s largest crypto exchange operators, on its Australian cryptocurrency exchange operations, which launched on 8 May 2019.
It is common for employers to utilise temporary work visa schemes when employing foreign workers. Often, human resource departments will come across subclass 457 and 482 visa applicants/holders during the recruitment process. While many employers are familiar with their obligations as sponsors, it is also important to understand the obligations which apply to employees who are subclass 457 and 482 visa holders, as a breach of visa conditions may result in visa cancellation and sanctions on the employer.
What is W&I insurance?
Warranty and indemnity insurance is a cornerstone risk management tool for vendors and purchasers in Australian M&A transactions.
The Labour Hire Licensing Act 2018 (Vic) (Act) was introduced to better regulate the labour hire industry, reflecting similar legislation introduced in Queensland and South Australia (although the South Australian scheme is being repealed).
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).