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FAR is here – what does it mean for insurers and insurance?

Insights - Australia

FAR is here – what does it mean for insurers and insurance?

Subject to a ministerial declaration, FAR will apply to insurers (and the insurers’ NOHCs) from the later of 1 July 2023 or 18 months after the Regime has...

03 August 2021

COVID-19 safety plans on construction sites

The effect of the Public Health (COVID-19 Gathering Restrictions) Order (No 2) Amendment Order (No 3) 2021 (Amending Order) is that an ‘Occupier’ of a ‘Construction Site’ in...

02 August 2021

DABUS is coming! Federal Court of Australia finds an artificial intelligence system can be an inventor for the purposes of the Patents Act 1990 (Cth)

On 30 July 2021, Justice Beach handed down his decision that an artificial intelligence (AI) system can be an inventor for the purposes of the Patents Act.

30 July 2021

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

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