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The Australian Government has released the final report in relation to the statutory review of the Personal Property Securities Act 2009 (Cth) (PPSA), which recommends changes to the PPSA or the functionality of the PPS register, or steps which the Government can follow.
23 Mar 2015
Commercial strategies and practices used by Pfizer to counter the expected loss of revenue caused by the expiry of its patent over Lipitor, its bestselling cholesterol drug, were neither misuses of market power nor exclusive dealing and did not contravene Australian competition laws (Australian Competition and Consumer Commission v Pfizer Australia Pty Ltd  FCA 113).
02 Mar 2015
The International Organization for Standardization has now published the international standard for compliance management systems ISO 19600-2014.
17 Dec 2014
Amendments to the Building and Construction Industry Payment Act timeframes and procedures will apply from 15 December 2014 to BCIPA payment claims made in connection with existing contracts.
15 Dec 2014
Payments made under a development agreement are subject to stamp duty, following the High Court decision in Commissioner of State Revenue v Lend Lease Development Pty Ltd  HCA 51.
11 Dec 2014