The Australian Sports Commission's 2015 Governance Reform in Sport Discussion Paper proposes to limit voting by members of a National Sporting Organisation to essentially the minimal set of issues required by the Corporations Act 2001 (Cth), and to further mandate the voting rule to be adopted...

Phoenix activity centres on the idea of a new company arising from the ashes of its failed predecessor. Typically, the individuals in control of the failed company transfer the business to the new company while its debts remain the responsibility of the failed company. The activity becomes...

This working paper presents the results of a detailed comparative empirical study of sanctions imposed for insider trading in Australia, Canada (Ontario), Hong Kong, Singapore, New Zealand, the United Kingdom, and the United States. Insider trading is considered to be a serious form of...

The authors focus on one of the most important statutory protections for Australian consumers in financial hardship: the right to seek a variation of a credit contract contained in s 72 of the National Credit Code. They provide a comprehensive history of this right, which has been part of...

While Australia's superannuation scheme is a fundamental part of supporting and sustaining Australia's increasingly aging and retiring population, young Australians demonstrate consistently poor knowledge of, and behaviour and attitudes towards, superannuation. This study is the first...

Under the Bankruptcy Act 1966 (CTH), there are three regulated forms of personal insolvency: bankruptcy, debt agreements, and personal insolvency agreements. Between 1990 and 2008 there was a 261% increase in the number of personal insolvencies in Australia, which far exceeded the 24% increase...

In this paper the authors report the results of a survey of financial literacy levels among Australian secondary school students. While key issues concerning financial literacy among adolescents are fairly well known, and governments see the urgency of addressing low levels of such literacy...

Recent scholarship has identified a shift in the demographic profile of Australians declaring bankruptcy. In the context of a marked increase in overall rates of personal insolvency, bankruptcy has become increasingly prevalent among ‘middle class' Australians. Against this background, the...

Australian corporate law has been the subject of significant reform. This includes: (a) increased duties imposed upon company directors; (b) regulation of transactions between public companies and their related parties; (c) increased disclosure requirements for public companies; (d) new...

In this paper the authors utilise leximetric analysis, which involves the numerical coding of the strength of formal legal protections, to document changes in the level of worker protection and shareholder protection in six countries (Australia, France, Germany, India, the United Kingdom and the...