Banking and Financial Services Insights

30 September 2004

Welcome to the September edition of Clayton Utz Banking & Financial Services Insights. In this edition we’ll find out how APRA will implement International Financial Reporting Standards.

Superannuation remains a hot topic, and we’ll look at Victorian employers’ super obligations following the adoption of common rule awards.

We’ll also learn when directors of failed companies can contest settlements between a liquidator and the taxman, and how a recent deal lays the bedrock for the overhaul of the rail freight industry in Australia.

APRA outlines its implementation of new reporting standards

By Trevor Robinson.

The International Financial Reporting Standards will soon become mandatory, but APRA is not rushing implementation. Trevor Robinson looks at what's ahead.

The new common rule awards - how are Victorian employers affected?

By Zein El Hassan.

Some Victorian employers will not be required to make superannuation contributions into certain funds, explains Zein El Hassan.

The taxman concedes

By Karen O'Flynn.

Directors of failed companies will be given the opportunity to contest settlements between a liquidator and the taxman, says Karen O'Flynn.

Clayton Utz plays a pivotal role in Australian rail infrastructure

By Murray West.

Murray West and his team successfully advised on the signing of the historic agreement between the firm's client, the Australian Rail Track Corporation and the NSW and Commonwealth Governments.

Profile - Murray West

Murray has recently been acting for the Australian Rail Track Corporation in its successful negotiations with the New South Wales Government for the lease of the non-metropolitan freight rail network in New South Wales and all associated land, interface and funding arrangements.

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