‘Climate-related risks’ have moved from a corporate buzzword to an actionable obligation for company directors, who should consider these risks in the context of their organisation and understand that a failure to act with regards to a climate-related risk can result in a contravention of the Corporations Act 2001 (Cth) (Act).
Equity crowd funding has taken some first, tentative practical steps. The new crowd-sourced funding (CSF) regime that started at the end of October 2017 - designed to reduce costs and red-tape for start-ups and SMEs looking to raise capital from a large number of small investors – is still being tweaked, as proprietary companies were excluded from eligibility. This will be rectified with a bill currently before the Parliament.
Harwood Andrews was a gold sponsor of this year’s Mellow in the Yellow fundraising event held on 8 October 2016. One of our senior associates, Euphemie Barr, was on the event committee and helped coordinate various aspects of the event.
Each year the Fair Work Commission reviews minimum award pay rates for each classification in an award. The new rates apply from 1 July 2016.
In light of the 2016-2017 Federal Budget handed down on 3 May, participants in the wine industry have expressed significant concerns regarding the Federal Government’s proposal to reform the Wine Equalisation Tax Rebate (WET Rebate) and the related eligibility criteria.
Adley Burstyner and Harwood Andrews have announced they are joining forces to work on a claim against milk processors for the current crisis facing Victorian dairy farmers.
Farmers are relieved by the Federal Government’s decision to bring forward the start date for new farm tax breaks.