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Posted on Nov 13, 2017

Franchisors watch out for Vulnerable Workers Bill, FC Business Solutions

Franchisors watch out for Vulnerable Workers Bill, FC Business Solutions

The Fair Work Amendment (Protecting Vulnerable Workers) Bill 2017 came into effect last month. Franchisors are exposed by the actions, or inactions, of their franchisee.  FC Business Solutions provides a useful checklist to comply with the legislation’s amendment.  For more go to http://bit.ly/1RKZe25 #kdkmedia #kdkbulletin

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Posted on Nov 6, 2017

Container shipping: The next 50 years, McKinsey

Container shipping: The next 50 years, McKinsey

The shipping industry was built on the vision of strong leaders who dared to sail through the storms. Once again it faces a period of disruption—this time from digital technologies. Now shipping leaders need to invest in digital technologies, integrate and be bold, according to the latest McKinsey report Container shipping: The next 50 years.

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Posted on Oct 24, 2017

What to look out for in the new biodiversity regime, Dentons

What to look out for in the new biodiversity regime, Dentons

Developers with existing concept plan approvals may find these approvals subject to the new biodiversity regime. Dentons outlines some of the risks for developers and what they need to do to get the benefit of extended transitional provisions to have all future staged development applications approved under the old regime.

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Posted on Oct 15, 2017

Government walks away from the Clean Energy Target

Government walks away from the Clean Energy Target

The Government’s decision to walk away from the Clean Energy Target is clearly out of step with popular opinion if you go by The Australia Institute’s poll – 78% said the Australian government should introduce a new CET (it didn’t), and 81% said the CET should build renewables like wind and solar (it won’t). What happens to government’s that won’t listen …

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Posted on Oct 9, 2017

High Court of Australia reconsiders duty of care in workplace investigations

High Court of Australia reconsiders duty of care in workplace investigations

The High Court of Australia has decided to reconsider whether an employer has a duty of care when conducting a workplace investigation following Govier v Unitingcare Community. Weir Consulting says this case raises numerous questions such as how the employer is to resolve workplace incidents in a timely and fair manner if the employee is unwell.

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Posted on Oct 1, 2017

Denton’s checklist to identify money laundering & terrorism financing risks before 12 December 2017 deadline

Denton’s checklist to identify money laundering & terrorism financing risks before 12 December 2017 deadline

The Anti-Money Laundering and Counter-Terrorism Financing Act 2006 covers the financial sector, gambling sector, bullion dealers and other professionals or businesses that provide services covered by the Act. From 12 December 2017, reporting entities must have an AML/CTF program to identify and verify customers; and identify, mitigate and manage the risk to prevent money laundering or terrorism financing. Here’s a handy checklist from Dentons.

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Posted on Sep 27, 2017

Australia’s talent mismatch according to 2017 Hays Global Skills Index

Australia’s talent mismatch according to 2017 Hays Global Skills Index

Australia’s talent mismatch between the skills job-seekers possess and those employers want has been highlighted in the Hays Global Skills Index 2017. The index shows it’s harder to secure the right talent now than it was a year ago, particularly for highly-skilled professionals in IT, engineering, financial and professional services.

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Posted on Sep 19, 2017

CEDA on industry performance

CEDA on industry performance

Many Australian workers are engaged in the service sector which, in turn, generates the largest component of national wealth; and increasingly we are exporting services. In recent times, Australia’s productivity performance has been poor, although this has been mostly the result of cyclical and industry-specific factors. See CEDA report on industry sector performance.

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Posted on Sep 10, 2017

Can banks and insurers detect cybersecurity breaches? Capgemini Consulting

Can banks and insurers detect cybersecurity breaches? Capgemini Consulting

Banks and insurers must make customer data safer and more secure. A global survey from Capgemini Consulting of more than 180 senior data privacy and security professionals found that less than a third of retail banks and insurers offer both strong data privacy practices and a sound security strategy. Only one in five organisations were found to be confident that they can detect a cybersecurity breach.

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Posted on Sep 3, 2017

How Australia shapes up as a digital nation, EY Sweeney report

How Australia shapes up as a digital nation, EY Sweeney report

Sixty four percent of Australians worry that organisations can access their digital behaviour, while 22% say they spend too much on their digital, and 40% will walk away from a business that fails to offer them a high quality digital experience. Interesting insights from EY’s Digital Australia: State of the Nation report.

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Posted on Aug 27, 2017

No formal written warnings needed to prove dismissal, Hall & Wilcox

No formal written warnings needed to prove dismissal, Hall & Wilcox

In a recent unfair dismissal claim heard at the Fair Work Commission, an employer came under fire for their lack of formal warnings and file notes regarding a dismissed under-performing employee. However, employers can breathe a sigh of relief says Hall & Wilcox as the Commission found employers need not formally warn employees.

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Posted on Aug 20, 2017

GST payable on offshore digital downloads with Netflix law, Pitcher Partners

GST payable on offshore digital downloads with Netflix law, Pitcher Partners

GST is now payable on offshore digital downloads following the Australian Government’s measures to widen the GST net. While the measures originally focused on taxing the supply of digital download products to Australian consumers, they also capture the supply of anything other than goods or real property made by offshore businesses to Australian consumers. Pitcher Partners advises businesses what to look out for.

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Posted on Aug 13, 2017

China tightening investment regulations, KPMG

China tightening investment regulations, KPMG

China’s Central Banking Regulator is investigating the domestic banking sector’s exposure to global investments made by several privately-owned group companies. Chinese regulators with oversight responsibility for foreign exchange, banking and state-owned enterprises introduced important policy reforms to address several emerging concerns. Interesting reading from KPMG for those engaging with China.

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