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Minimum wage increase 2023: 5.75%
The Fair Work Commission has approved a 5.75% increase in all award rates and an increase to the national minimum wage, effective 1 July, 2023.
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Global | Publication | November 2016
There is much excitement globally about smart contracts and distributed ledger technologies that support them. Properly funded technology vendors and consortia have emerged which are now able to give tangible expression to that sense of excitement in the form of new and innovative smart contract and distributed ledger products and services.
It has become apparent to us, however, that when industry stakeholders (both buyers of the new technologies and vendors) speak of smart contracts, they can mean very different things. As any contracts lawyer will tell you, words matter. Consistency of language is vital if clear lines of communication are to be achieved in a rapidly evolving industry. What do we mean by a smart contract? Is it smart? Is it a contract? Do lawyers and technologists understand each other when they use these terms?
Recognising the imperative for clarity on these issues, R3 and Norton Rose Fulbright offer this White Paper as a step forward in forging a consensus of understanding between industry stakeholders, lawyers and technologists in relation to smart contracts.
The White Paper considers whether a smart contract can constitute a legally binding contract under the law of a number of key jurisdictions. It also examines the practicalities of enforceability and provides some suggestions for dispute resolution within a smart contract context.
Publication
The Fair Work Commission has approved a 5.75% increase in all award rates and an increase to the national minimum wage, effective 1 July, 2023.
Publication
On 16 May 2023 the Victorian EPA released updated ‘Guidance for environmental and human health risk assessment of wastewater discharges to surface waters’ (EPA Publication 1287.2) (Updated Guidance), replacing the guidelines that were published in 2009 (2009 Guidance).
Publication
As part of our pro bono commitment to supporting First Nations people in Australia, this publication provides background information about the proposed First Nations Voice in anticipation of the upcoming referendum, likely taking place later this year.
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