In the news this week:

  • As part of the ongoing statutory review of the Personal Property Securities Act 2009 (Cth), the Attorney-General has published public responses submitted in relation to the four consultation papers released last year further to the review. The responses, including those submitted by Allens, are available via the Attorney-General's Department website.
  • The Australian Financial Review comments on recently proposed reforms, including greater powers for ASIC, seeking to more effectively protect investors in financial products (subscription required).
  • The Australian Financial Review also gives voice to opinions that it may be time for another full independent review of Australian insolvency law and practice, given that it has been over 30 years since the Harmer Inquiry was commissioned (subscription required).