Infringement notices for contraventions of the Australian Consumer Law (ACL) have been a very effective tool in the ACCC’s arsenal since the beginning of 2011 as both Collingwood Football Club and Coles have experienced this year. An infringement notice is in simple terms, very much like a parking or speeding fine. The ACCC issues a… Read more
Month: September 2013
ICAC opening in South Australia – as frantic as the Norwood v Port 1984 Grand Final?
Today is significant for us South Australians. Footy Park and the Port Magpies at Alberton are now only a distant picture in our memories. However, it is the first day of operation for the State’s newly established Independent Commissioner Against Corruption (ICAC) and Office for Public Integrity (OPI). The opening stanza of ICAC may be… Read more
Coalition costings, savings and forecasts: Lessons for companies seeking to raise capital
Issuing shares to raise capital? You may need to be more cautious with your headline grabbing statements than a politician at election time! Much has been written in the last few days about the basis on which the Coalition has costed their announced savings relating to public sector job cuts. Those costings (and others made… Read more