August "Back-to-back" contracts of reinsurance can lead to face-off in court if not drafted correctly - Do "back-to-back" reinsurance contracts provide cover co-extensive with the insurance, particularly where similar terminology is used, particularly where insurance and reinsurance are subject to different governing law? Clayton Utz advises winning bidder on Victorian Desalination Project - Clayton Utz continues to consolidate its reputation as the legal adviser of choice on Australia's largest and strategically significant infrastructure projects, following the Victorian government's awarding to the AquaSure consortium of the contract to build the country's largest desalination plant at Wonthaggi in Victoria. Consumer Credit Reform Timetable Changes and Regulations Exposure Draft Released - The minister for Financial Services today announced changes to the timetable for implementation of the reforms and released for public exposure the draft National Consumer Credit Protection Reform regulations and associated explanatory material. Discrimination amendments now law - Saul Harben highlights the recent changes to the federal discrimination laws which will make it easier for employees to bring age and disability discrimination complaints while extending exceptions available to employers in relation to disability discrimination. Federal Court orders employer pay employee $466,000 for sexual harassment - An employer who did not deal properly with complaints of sexual harassment has learnt an expensive lesson in the Federal Court. Joe Catanzariti examines the facts and findings of this case and the implications for employers. Good corporate governance the key to managing climate change risk - Boards that are already meeting best practice in corporate governance will be best equipped to respond to the emergence of climate change as a new and active stakeholder in corporate Australia, according to well-known corporate lawyer and Clayton Utz partner Rod Halstead. Incumbent contractors: levelling the playing field - We explain the issues which arise when an incumbent contractor participates in a tender process, and the practical steps government can take to manage them and level the playing field for bidders. Inherent physical requirements of position - what are they? - Hedy Cray looks at a recent decision in which a bus company was found to have unlawfully discriminated against a job applicant who failed a "functional capacity assessment". More foreign investments require vetting - A wider range of transactions involving foreign investors will require notification (or earlier notification) to the Foreign Investment Review Board, under a Bill now before Parliament. Disclaimer Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.