Introduction The evolution of workplace protections has shown little signs of slowing in recent times. More and more often, the Fair Work Commission (FWC) has provided decisions on the broadening protections for employees and correspondingly broadening responsibilities for employers. The FWC frequently has to rule on the eligibility of employees to make claims under the Fair Work Act 2009 (Cth) for unfair dismissal...
Overview of the issue The issue as to who falls within the ordinary or extended meaning of “employee” under the Superannuation Guarantee (Administration) Act 1992 (Cth) (SGA Act) has arisen again, and this time, the result of the Full Court of the Federal Court’s decision should trigger a review of business’ relationships with independent contractors. The decision of JMC Pty Ltd v Cmr of Taxation emphasises the importance...
Introductory note: With the increased use of sustainable finance products, there is an increased focus on the risks and challenges facing market participants in connection with the implementation of sustainable financing, including the risks associated with 'greenwashing' (or, in the broader social context, 'bluewashing'). When implementing a sustainability-linked product, it is of paramount importance for borrowers...
On 18 September 2023 at Climate Week NYC, the Taskforce on Nature-related Financial Disclosures ( TNFD ) released its highly anticipated final recommendations for nature-related risk management and disclosure ( TNFD recommendations ). The TNFD recommendations: give companies and financial institutions a framework to identify, assess, manage and report on their dependencies and impacts on nature and their nature-related...
This checklist was produced by the expert legal writers of Practical Guidance Insolvency & Restructuring and sets out key matters to cover when advising a director of a company in financial distress. While each company’s circumstances will be unique, directors of companies in financial distress should, at a minimum, consider the following actions. Directors’ Actions Checklist ➝ Familiarise themselves...
The significant spike in insolvencies in the construction sector in Australia has caused a number of issues for owners of properties under construction. The contract disputes for unfilled contracts bring to light a number of issues in the law, particularly regarding owner’s rights under contract law. This is a vital, growing area of the law, so a deep understanding of it is key. This article comes from Tom Read , our...
There is clear evidence that contact sports such as Australian Rules Football can lead to serious brain injury, leaving players with life-changing, and potentially catastrophic consequences. Most recently, we have seen class action proceedings instituted against the Australian Football League, as well as individual court actions such as that by former Australian Football League Women Collingwood vice-captain Emma Grant...
So, the LexisNexis practical guidance team has published the NFT on 'How to create an NFT'. As a nerdy CEO, I was of course keen to both follow the process of how we create the NFT, including all the internal hoops to navigate, as well as then to bid on the NFT once it was up for Auction. To find out about the hoops and the complexity of a multinational company interacting with the blockchain and digital assets, read...
This is the first article in the future-proofing your firm for growth series. Technology has long been part of what it means to practice law, with document automation, practice management systems, and computer-aided legal research part of lawyers’ day-to-day for decades. You could even argue that looseleaf services were an early form of legal tech – solving the problem of how to keep hardcopy legal content up to date...
Evolution of Large Language Models There’s no doubt that AI is here. The surge in interest that has arisen from the introduction of new generative tools like ChatGPT or Google’s Bard is unlike anything we’ve seen for a long time. But the truth is that AI has been here for years – and even the Large Language Models that are now causing such excitement are actually already years old. The new wave of generative tools...
You can’t scroll through LinkedIn without reading posts about the ‘5 things you need to know about generative AI’. Every second podcast in your feed now seems to relate to AI regulation and the risks and benefits of using generative AI. You have even prompted Stable Diffusion to create some outlandish images and asked ChatGPT to write your best man’s speech. You read some pieces written by technology thought leaders and...
This is the second article in the series Future-proofing your firm for growth. The legal profession has seen a gradual but significant transformation for several years. From increasing efficiencies and reducing the amount of unbillable time to becoming more client-centric, law firms have slowly yet steadily moved towards adopting newer and more data-driven techniques to shape firm growth. Responsibly embracing AI...
NSW privacy reforms NSW has recently ushered in a number of significant privacy reforms through the passing of the Privacy and Personal Information Protection Amendment Act 2022 (NSW) (Amending Act). As part of these reforms, the NSW Government has followed the Commonwealth and introduced a scheme for the mandatory notification of eligible data breaches (MNDB) scheme. The MNDB scheme will apply to NSW public sector...
In response to growing consumer and investor concerns about environmental issues, the demand for “green” financial products and services has significantly increased in recent years. However, this trend is also accompanied by the growing risk of unsavoury conduct by some marketers and producers. An example of such misconduct is the practice of “greenwashing” by corporations. Greenwashing, in relation to investments, refers...
After a long time in hibernation (ie since the Children’s Online Privacy Protection Act (US) (COPPA) was passed in 1998), children’s privacy in relation to online activities and social media has re-emerged as a significant issue. This has been fuelled by the recent announcement of the UK privacy regulator that they are investigating (and will likely take action) against TikTok for infringing children’s privacy. Of course...
Class actions are now a mainstay of the Australian litigation landscape. As of April 2023, there were 144 class action proceedings on foot across all registries of the Federal Court of Australia alone, not including the significant number of class actions on foot in each of the State Supreme Courts with their own regimes (including in Western Australia, whose dedicated regime commenced operation on 24 March 2023). For...
Recent major data breaches in Australia, suffered by telecom operator Singtel Optus, health insurer Medibank Private and financial services company Latitude Financial have led to a wave of class-action lawsuits exploring new ground in the country’s legal system. With no established playbook for class actions linked to cyberattacks in Australia, the success or failure of plaintiffs in convincing courts of their loss or...
Flexible work was firmly on the reform agenda of the Labor government. In the raft of reforms brought about by the enactment of the Secure Jobs, Better Pay Act, enacted in December 2022, flexible work is undergoing significant changes. This aspect of the reforms is operative from 6 June 2023. What reforms have been made to the Secure Jobs, Better Pay Act, and how does it provide protections to employees? What does the...
What is Generative AI? Uses of Generative AI for Lawyers and Law Firms What to Look for When Selecting a Generative AI Tool Learn More about Generative AI Technology In late November 2022, the release of ChatGPT, a powerful generative artificial intelligence (AI) tool, sparked a global revolution, with the legal industry also experiencing its profound effects. In fact, the legal industry has since reported...
What are court-ordered references? A reference involves the court making an order to appoint a referee (or a panel of referees) to assist the court in determining questions of fact or law in dispute in a proceeding. A reference may be ordered at any stage of a proceeding and may be conducted as an interlocutory process (ie, for disputes about standing or discovery) in parallel with the substantive proceeding. Referees...
Linda Przhedetsky is an Associate Professor at the University of Technology Sydney’s Human Technology Institute. She’s a policymaker and PhD candidate specialising in the ethical development, regulation and use of artificial intelligence (AI), and her research focuses on the role of automated decision-making tools in competitive essential services markets and the development of effective regulatory solutions that prevent...
Following the formal abolition of the Australian Building and Construction Commission and the transfer of its functions to the Fair Work Ombudsman (albeit with a fraction of the budget), some employers are asking legitimate questions about the FWO’s approach to compliance and enforcement. The questions include whether: there will be a different right-of-entry approach by the FWO to that of the ABCC in terms of responding...
Few technologies have generated as much hype across the legal industry as Generative AI. Open AI’s ChatGPT, Google’s Bard, and a host of new solutions being developed on Large Language Models (LLMs) are making waves across the world. To put that into context, ChatGPT acquired 100 million users in a little over 2 months – making it the fastest growing consumer software application ever. To put ChatGPT’s success into perspective...
One of the biggest policy shifts in the Fair Work Legislation Amendment (Secure Jobs, Better Pay) Act 2022 (Cth) (Secure Jobs, Better Pay Act) was the change to the existing enterprise bargaining framework. As part of the policy drive to encourage enterprise bargaining, the Secure Jobs, Better Pay Act reduces barriers to multi-enterprise bargaining and expands the powers of the Fair Work Commission (FWC) to resolve bargaining...
5 Key takeaways and implications for future financial services enforcement Introduction After a lengthy and hard-fought legal battle, the High Court has rejected the Mayfair 101 group of companies and their director James Mawhinney’s special leave applications. What can financial services licensees and their directors learn from the Mayfair 101/Mawhinney saga? How could this impact ASIC’s tactics in initiating future...