Publication
What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Australia | Publication | April 29, 2019
Applications for licenses to provide labour hire services open today.
It will be an offence to operate as, advertise, or use the services of, an unlicensed labour hire provider in Victoria after 20 October 2019.
The labour hire licensing scheme in Victoria was enacted under the Labour Hire Licensing Act 2018 (Vic) (Act) on 20 June 2018. It requires all labour hire providers in Victoria to be licensed in accordance with the Act with minimal exceptions.
Does this apply to me?
The Act defines labour hire services broadly and is designed to capture a broad range of services where an individual (worker) performs work for a host entity, arranged and paid through a third party (labour hire provider).
If your business is involved in the supply of workers, the business is likely a labour hire provider and must apply for a licence to operate. If your business engages labour through a third party supplier, the provider will likely be required to be licensed as a labour hire provider before you can continue using their labour. Labour hire providers will also need to comply with annual reporting obligations.
The application process is intended to be a straight forward online process via the Labour Hire Authority’s website. A register of licensed providers will also be maintained on the Labour Hire Authority’s website.
Penalties
Maximum penalties for supplying or using unlicensed labour hire services are currently $129,952 for individuals and $515,808 for companies.
For more information about meeting these new labour hire licensing obligations, please contact Helene Lee on (03) 8686 6184, Sarah Ralph on (03) 8686 6802, or Rebekah French on (03) 8686 6409.
Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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