Regulatory update

On 6 June 2023, the Australian Securities and Investments Commission (ASIC) announced its focus areas for 30 June 2023 reporting. Key take aways are summarised below. 23-149MR ASIC HIGHLIGHTS FOCUS AREAS FOR 30 JUNE 2023 REPORTING In its latest media release, ASIC has urged directors, auditors and those that prepare financial reports to assess the...

Alert: Prepare for expansion of unfair contract terms regime – commencing 9 November 2023

On 27 October 2022, the Treasury Laws Amendment (More Competrition, Beter Prices) Bill 2022 passed both Houses of the Australian Parliament (Amending Legislation). The Amending Legislation gives rise to fundamental changes to Australia’s unfair contract terms regime (UCT Regime), via amendments to each the Australian Consumer Law (ACL), the Competition and Consumer Act 2010 (Cth)...

Employment updates

The Fair Work Commission (FWC) has released its Annual Wage Review Decision for the period 2022 – 2023. Set out below are the key elements of the FWC’s decision. ANNUAL WAGE REVIEW 2022-23 BACKGROUND TO THE 2022 – 2023 ANNUAL WAGE REVIEW DECISION The annual wage review (Review) is conducted pursuant to section 285 of...

We have recently moved office

Our team is excited to announce that we have recently moved office to: Level 5, 130 Bundall Road, Bundall, QLD, 4217 Our phone number has remained the same. If you have any questions, please reach out to our team. 

We are proud to announce the successful completion of the initial public offer and listing of Critical Minerals Group Limited on the ASX (ASX: CMG). 

Finucan Lawyers are proud to announce the successful completion of the initial public offer and listing of Critical Minerals Group Limited on the ASX (ASX: CMG). Our team managed and advised CMG through the process and completed their listing and quotation on the ASX on 27 September 2022.  Finucan Lawyers facilitated and negotiated for CMG...

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The governing body of .au domain names, the .au Domain Administration (auDA), recently announced that .au direct names will launch in Australia on 24 March 2022. From the launch date, users will be able to register a domain name directly followed by .au, such as yourbusiness.au, provided the user has an ‘Australian presence’ (such as...

New Director ID Requirements

A new director identification number regime commences from 1 November 2021 which will see all company directors being required to register for a director identification number (Director ID). Why Director IDs? By requiring all directors to verify their identity, it is hoped that this will help to: prevent the use of false or fraudulent director...

Whistleblower Policies

Following a review of a select sample of whistleblower policies (Policies), ASIC has published and issued a letter to CEOs of public companies, large proprietary companies, and corporate trustees of registrable superannuation entities (Entities) expressing its concern around the short comings identified in a number of the Policies. Part 9.4AAA of the Corporations Act 2001...