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Preparation for construction work commencing or recommencing

Insights - Australia

Preparation for construction work commencing or recommencing

The NSW Government issued a further order on 28 July 2021, the Public Health (COVID-19 Temporary Movement and Gathering Restrictions) Amendment (No 16) Order 2021.

29 July 2021

LIBOR Transition – Forward-looking Term SOFR Is Here

Very shortly, the U.S.-based Alternative Reference Rates Committee (ARRC) will make its much-anticipated formal recommendation of forward-looking term Secured Overnight Financing Rates (Term SOFR) administered by the CME...

27 July 2021

Reforms commencing under the Design and Building Practitioners Act 2020 (NSW)

As foreshadowed in our previous update on building reforms in NSW, various reforms under the Design and Building Practitioners Act 2020 (NSW) (the Act) came into effect on...

26 July 2021

FAR reaching consequences: the new Financial Accountability Regime

On 16 July 2021 Treasury released consultation draft legislation to introduce the Financial Accountability Regime (FAR). FAR is the Government’s proposed extension of the existing Banking Executive Accountability...

20 July 2021

Restrictions on construction and maintenance to further limit the spread of the COVID-19 Delta strain (NSW)

The NSW Government has announced tighter restrictions to the construction sector in the Public Health (COVID-19 Temporary Movement and Gathering Restrictions) Amendment (No 8) Order 2021 made under...

19 July 2021

ATO taxation ruling: Characterisation of software receipts

On 25 June 2021 the Australian Taxation Office released its draft ruling Income tax: royalties – character of receipts in respect of software (TR 2021/D4).

16 July 2021

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