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23 May 2013
The Australian Federal Government has opened another front in its war on problem gambling in the form of yet another joint select committee inquiry, this time into the impact of advertising and promotion of gambling on sport. The inquiry has been called amid ongoing concerns regarding what many believe is excessive and inappropriate advertising, promotion and sponsorship by certain Australian licensed betting operators around and during sporting events.
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15 May 2013
An overview on what's been happening in the gaming and leisure industry this month.
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10 May 2013
In a very important decision of the New South Wales Supreme Court published on 1 May 2013, a recruitment company seeking to enforce a post-employment restraint was successful in gaining a costs order against a competitor.
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30 Apr 2013
The Australian Department of Broadband, Communications and the Digital Economy (‘the Department’) released the Final Report on its Review of the Interactive Gambling Act 2001 (IGA) on 12 March 2013.
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29 Apr 2013
As part of its roll out of policy on the Future of Financial Advice (FOFA) reforms, the Australian Securities and Investments Commission (ASIC) has recently released its guidance on how it will regulate the ban on conflicted remuneration in Regulatory Guide 246: Conflicted remuneration.
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29 Apr 2013
The recent Supreme Court of New South Wales case of Re Real Estate Capital Partners Managed Investments Limited as Responsible Entity of the Real Estate Capital Partners USA Property Trust [2013] NSWSC 190 highlights the potential benefits of a responsible entity (RE) obtaining judicial advice where it finds itself in the midst of competing interests of unitholders.
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29 Apr 2013
The Federal Government has announced that it will support all the proposals made by the Board of Taxation in its recent review of the Venture Capital Limited Partnership (VCLP) and Early Stage Venture Capital Limited Partnership (ESVCLP) regimes. It is hoped that the changes to be implemented will provide a significant boost to these relatively under-used investment vehicles.
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22 Apr 2013
Welcome to the April 2013 edition of Thomsons' quarterly snapshot of legal developments in the funds management and financial services sector. In this edition we look at compliance with the new FOFA regime, recommendations arising from the Trio Capital collapse, and more.
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18 Apr 2013
Topics covered in this alert: Sweeping Reform in aged care; Have your say on accommodation pricing; and Concessional Residential Subsidy now indexed.
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15 Apr 2013
The recent decision of Justice Applegarth in BM Alliance Coal Operations Pty Ltd v BGC Contracting Pty Ltd & Ors [2013] QSC 67 (BMA v BGC) has overthrown the previously settled position that a jurisdictional error, regardless of how small, in an adjudication decision made under the Building and Construction Industry Payments Act 2004 (Qld) (BCIP Act) renders the whole determination invalid.
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