Earlier this year the ASX Corporate Governance Council released the draft 5th edition of the ASX Corporate Governance Principles and Recommendations which proposed various amendments to the 4th edition which was released in 2019. One of the more notable changes...
The recent 2024-2025 Australian Federal Budget (Budget) announced, amongst other key economic forecast updates, proposed changes to the Capital Gains Tax (CGT) regime for non-residents of Australia. Whilst the details surrounding the CGT regime changes are lacking, information released so...
On 2 May 2024, ASIC Chair Joe Longo delivered a speech at the Responsible Investment Association Australasia (RIAA) Conference, outlining ASIC’s growing commitment to curb ‘greenwashing’, that is, the practice of mispresenting the extent to which a financial product or...
The passing of the Treasury Laws Amendment (More Competition, Better Prices) Act 2022 (Cth) reformed Australia’s laws on unfair contract terms (UCTs) to be more stringent on businesses entering into standard form consumer contracts or small business contracts. The motivation...
MPH has acted for ASX-listed COSOL Limited in connection with its acquisition of Core Asset Co Pty Ltd, an asset management consultancy with a blue-chip client base in the resources, utilities and agribusiness sectors. The acquisition, for which COSOL will...
MPH acted for public unlisted gold development and production company Bullseye Mining Limited in relation to the all-scrip off-market takeover offer made by Emerald Resources NL for the company, which closed on 26 April 2024 with Emerald having successfully moved...
Recall that in September 2022, the Optus data breach saw a hacker obtaining details of up to 10 million customers. Following right on its heels, in October 2022 the Medibank data breach compromised the sensitive health information of nearly 10...
New amendments to the Rules of the Supreme Court of Western Australia 1971 (Supreme Court Rules) came into effect on 9 April 2024 which make it easier for Australian companies and individuals to serve proceedings commenced in Western Australia on...
As you may have read, the Australian Competition and Consumer Commission (ACCC) has recently announced the introduction (from 1 January 2026) of a new compulsory merger notification and clearance regime, which is designed to better align Australia’s governmental review of...
On 19 March 2024, Justice Derrington of the Federal Court ordered Holista to pay a penalty of $1.8m for breaching its continuous disclosure obligations. Her Honour ordered its director Dr Marnickavasagar to pay a penalty of $150,000 and disqualified him...