Australia: Compliance

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Article
Does Your Business Need To Give A Modern Slavery Statement?
Modern slavery can infiltrate any Australian business's supply chain, yet many organisations remain uncertain about their reporting obligations under the Modern Slavery Act 2018. With proposed reforms threatening to lower reporting thresholds and introduce financial penalties for the first time, understanding whether your business must lodge an annual modern slavery statement has become critical for compliance and reputation management.
Australia Government
CG
Coleman Greig Lawyers
Article
Don’t Let Australia’s R&D Tax Incentive Trigger Unintended US International Tax Cost Sharing Issues
US technology, pharma, and life science companies establishing Australian subsidiaries to access R&D tax incentives face complex international tax challenges. When intercompany agreements are drafted without proper coordination between US transfer pricing rules and Australian R&D Tax Incentive requirements, companies risk significant IRS exposure including platform contribution payment obligations, cost reallocations, and penalties that can exceed the intended tax benefits.
Australia Tax
W
WilmerHale
Podcast
Essential ESG: Episode 29 – Inside Australia’s New Scams Prevention Framework (Podcast)
Australia's new Scams Prevention Framework introduces a comprehensive 'whole-of-ecosystem' regulatory approach that extends obligations beyond traditional banking to encompass telecommunications and digital platforms. This podcast explores how the reasonable steps obligation, multi-regulator oversight model, and emerging dispute resolution framework will reshape scam prevention across regulated sectors.
Australia Commercial
CC
Corrs Chambers Westgarth
Article
Significant Changes for Australian Competition and Consumer Laws: Doubling of Penalties to AU$100 Million (Per Offence) and Unfair Trading Practices to Be Prohibited
Australia's parliament has passed legislation doubling maximum penalties under competition and consumer law, raising civil and criminal fines to AU$100 million per contravention. What will these enhanced enforcement powers mean for businesses operating under the Competition and Consumer Act, and how should companies prepare for the upcoming unfair trading practices reforms set to take effect in July 2027?
Australia Anti-trust
KG
K&L Gates LLP
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