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The Australian Securities and Investments Commission (ASIC) regards continuous disclosure by listed companies as “fundamental to market integrity” and “a central tenet of fair and efficient financial markets”. Given the importance placed upon the continuous disclosure laws, there is,...
Persistent link: https://www.econbiz.de/10013004811
In 2012 and 2013, four Australian national sporting organisations (NSOs), the Australian Football League, the Australian Rugby League Commission Limited, BA Limited (Basketball Australia) and Football Federation Australia Limited were also the national league competition organiser (NLCO) for...
Persistent link: https://www.econbiz.de/10013005870
Various explanations have been advanced for why shareholder protection looks the way that it does. These explanations include varieties of capitalism, legal origins and various configurations of social interests. When compared with the United States and the United Kingdom, Australian corporate...
Persistent link: https://www.econbiz.de/10013005990
The Financial Hardship Project at Melbourne Law School is the first in-depth study of the practical operation of Australia's financial hardship laws, which are designed to protect consumers suffering from financial hardship, facilitate the performance of monetary obligations, and thus forestall...
Persistent link: https://www.econbiz.de/10013006247
In this article we analyse the allocation of responsibilities between the board of directors and senior management in board charters of companies listed on the Australian Securities Exchange. There are several reasons why this research is of interest. First, the allocation of responsibilities...
Persistent link: https://www.econbiz.de/10013006670
Consumer leases are regulated in Australia separately from credit contracts. This has created opportunities for regulatory arbitrage and has resulted in significant harm to consumers. Recent reforms, which commenced on 1 March 2013, have addressed this problem by applying to consumer leases many...
Persistent link: https://www.econbiz.de/10013006671
This new book, published by Ashgate, examines how businesses manage their labour systems, and particularly how they manage the complex interaction of various factors which give rise to instances of ‘partnership' style relations between businesses and their employees. The book draws from the...
Persistent link: https://www.econbiz.de/10013008390
The duty imposed on company directors under Australian law to not have the company of which they are a director trade while it is insolvent is controversial. The recent introduction of a safe harbour for directors' personal liability for breach of the duty to prevent insolvent trading highlights...
Persistent link: https://www.econbiz.de/10012859034
Internal dispute resolution (IDR) is an essential part of the dispute resolution framework for resolving the complaints by consumers about products or services provided by Australian financial firms. Consumers must first raise their complaint with the financial firm before they can ask the...
Persistent link: https://www.econbiz.de/10012860081
Young people need have the skills and knowledge to make sound financial decisions now and as adults and to support them to engage confidently and successfully in economic life. They must navigate a much more complex financial landscape and assume greater financial responsibility at a younger age...
Persistent link: https://www.econbiz.de/10013048085