LAWS

PM pressed to broaden juvenile abuse inquiry

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Original article by Amos Aikman
The Australian – Page: 1 & 6 : 27-Jul-16

Federal Attorney-General George Brandis says the royal commission into the juvenile justice system will focus on the Northern Territory, although some indigenous leaders argue that its scope should be nationwide. Meanwhile, Chief Minister Adam Giles has sacked the Northern Territory’s corrections minister in the wake of the "Four Corners" expose on the brutal practices used to restrain inmates at the Don Dale detention centre. There have also been demands for Giles to resign or for his government to be sacked by Prime Minister Malcolm Turnbull.

CORPORATES
AUSTRALIA. ATTORNEY-GENERAL’S DEPT, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NORTHERN TERRITORY. DEPT OF THE CHIEF MINISTER, NORTHERN TERRITORY. DEPT OF JUSTICE, AUSTRALIAN HUMAN RIGHTS COMMISSION, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF HEALTH, COUNTRY LIBERAL PARTY

Plebiscite a mandate if Coalition wins: PM

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Original article by David Crowe, Rosie Lewis
The Australian – Page: 6 : 21-Jun-16

Federal Opposition Leader Bill Shorten continues to favour a parliamentary vote on the issue of same-sex marriage. He has committed to introducing legislation within his first 100 days in office if the Australian Labor Party wins the 2016 election. Prime Minister Malcolm Turnbull in turn aims to hold a plebiscite on the issue by the end of the year if the Coalition is returned to office. A recent survey by Griffith University showed that 70 per cent of respondents support a plebiscite.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, GRIFFITH UNIVERSITY. CENTRE FOR GOVERNANCE AND PUBLIC POLICY

SurfStitch class action looms over briefings

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Original article by Sue Mitchell
The Australian Financial Review – Page: 28 : 14-Jun-16

The disclosure practices of online retailer SurfStitch are under scrutiny in the wake of a large share price fall that reduced its market capitalisation by $A500m. The stock fell by 53 per cent to $A0.48 in early May 2016, in response to a profit downgrade. There had also been heavy selling in the previous week, after the group held private briefings for some shareholders. Glenn McGowan, a partner at law firm Gadens, may launch a class-action on behalf of SurfStitch shareholders.

CORPORATES
SURFSTITCH GROUP LIMITED – ASX SRF, GADENS LAWYERS, MORGAN STANLEY AUSTRALIA LIMITED, STAB, MAGICSEAWEED, GARAGE ENTERTAINMENT, SURF HARDWARE INTERNATIONAL PTY LTD

Anti-gay marriage campaign cruel: Shorten

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Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 23-Oct-15

The Australian Government will provide funding for both the Yes and No campaigns on the issue of same-sex marriage in the lead-up to a proposed plebiscite. The Australian Labor Party favours a parliamentary vote on gay marriage rather than a plebiscite, and Opposition Leader Bill Shorten has expressed concern that the No campaign could prompt a rise in mental health problems in the gay community.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, GAY AND LESBIAN HEALTH VICTORIA, NATIONAL PARTY OF AUSTRALIA

IOOF slapped with class action

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Original article by Adele Ferguson, Sarah Danckert
The Australian Financial Review – Page: 29 : 8-Oct-15

Australian-listed financial services group IOOF Holdings faces a shareholder class action over claims that staff in its research department failed to comply with disclosure requirements. The legal action has been launched by law firm Maurice Blackburn with financial backing from UK-based Harbour Litigation Funding. The class action will be open to investors who bought IOOF shares between December 2013 and June 2015.

CORPORATES
IOOF HOLDINGS LIMITED – ASX IFL, MAURICE BLACKBURN PTY LTD, HARBOUR LITIGATION FUNDING LIMITED, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION, FAIRFAX MEDIA LIMITED – ASX FXJ, LONSEC LIMITED, MORNINGSTAR PTY LTD

Gay marriage rocks PM

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Original article by Phillip Coorey, Laura Tingle
The Australian Financial Review – Page: 1&8 : 12-Aug-15

A special meeting of Coalition MPs and senators, held on 11 August 2015, was devoted to the divisive issue of gay marriage. The proposal to introduce same-sex marriage through legislative changes was defeated by 66 votes to 33. Prime Minster Tony Abbott said the issue will be considered again in the next term of Parliament. His preferred option is a referendum which would allow the public to decide on gay marriage.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF COMMUNICATIONS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

Support for gay marriage grows but interest wanes

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Original article by Phillip Coorey
The Australian Financial Review – Page: 5 : 31-Jul-15

JWS Research has found that 54 per cent of Australian electors now support same-sex marriage, which represents a nine per cent increase since the last federal election. The research, which is based on quantitative polling and focus groups, also found that women and electors in the 18-34 age group are most in favour of gay marriage. However, the focus groups also show that many Australians do not regard the issue as a key priority.

CORPORATES
JWS RESEARCH PTY LTD, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN LABOR PARTY, AUSTRALIAN CHRISTIAN LOBBY

Abbott hints at conscience vote on gay marriage

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Original article by Phillip Coorey
The Australian Financial Review – Page: 3 : 28-May-15

Prime Minister Tony Abbott says Liberal Party MPs will be granted a conscience vote on the issue of same-sex marriage. Abbott opposes same-sex marriage, but is open to a party-room vote on the issue. This follows a move by Opposition Leader Bill Shorten to pursue a private members’ bill on gay marriage. However, Abbott says the Coalition wants to postpone any debate on gay marriage until the next session of Parliament, so it can focus on 2015 Budget policies.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, LIBERAL PARTY OF AUSTRALIA, AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY

Lower test will add fuel to the fire for shareholder class actions

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Original article by John Emmering, Michael Legg
The Australian Financial Review – Page: 32 : 13-Mar-15

In most cases, shareholder class actions in Australia are based on alleging causation between losses incurred by shareholders and directors’ behaviour. Until now, Australian courts have required proof of individualised reliance. The Federal Court’s observations in the case against Babcock & Brown directors are likely to stimulate discussion of causality in class actions

CORPORATES
BABCOCK AND BROWN LIMITED, FEDERAL COURT OF AUSTRALIA, DOWNER EDI LIMITED – ASX DOW, ARASOR CORPORATION, UNIVERSITY OF NEW SOUTH WALES, JONES DAY

Chairman Dawkins vacates Vocation

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Original article by Kylar Loussikian
The Australian – Page: 21 : 28-Nov-14

Ex-Minter Ellison partner Mark Elliott, notorious for launching class action law suits against companies in which he has marginal shareholdings, has joined law firms Maurice Blackburn and Slater & Gordon in bringing such a case against Vocation. The Supreme Court of Victoria will hear allegations of misleading or deceptive conduct, after the Victorian Department of Education & Early Childhood Development cancelled funding worth $A20m for Vocation off-shoots BAWM and Aspin. Meanwhile John Dawkins has stepped down as chair of the private education services provider

CORPORATES
VOCATION LIMITED – ASX VET, SLATER AND GORDON LIMITED – ASX SGH, MAURICE BLACKBURN PTY LTD, SUPREME COURT OF VICTORIA, VICTORIA. DEPT OF EDUCATION AND EARLY CHILDHOOD DEVELOPMENT, BAWM GROUP PTY LTD, ASPIN PTY LTD, DUET GROUP – ASX DUE, AUSTRALIAN LABOR PARTY, ASX LIMITED – ASX ASX, BSL LITIGATION PARTNERS LIMITED, AUSTRALIAN SKILLS QUALITY AUTHORITY, BANKSIA SECURITIES LIMITED, LEIGHTON HOLDINGS LIMITED – ASX LEI, TREASURY WINE ESTATES LIMITED – ASX TWE, WORLEYPARSONS LIMITED – ASX WOR, DOWNER EDI LIMITED – ASX DOW