Novus Capital Limited is an investment and financial services company specialising in Investment Banking, Corporate Advisory and Share Trading services for Australian corporate and private clients, and overseas corporate clients.
News and discussions from Novus Capital
Following the recent Parliamentary Inquiry into class actions and public debate around regulatory settings during COVID-19, Treasurer Josh Frydenberg has announced his intention to legislate permanent reform to continuous disclosure laws. If passed by Parliament, the law would ensure that companies and their officers will only be liable for civil...
Read MoreSuperannuation is the future financial security for Australians and trustee misconduct significantly impacts members’ retirement savings. In response to the Hayne Royal Commission, the Government has introduced a number of legislative reforms in to support the sector, with most of the reforms commencing from 1 January 2021. The reforms primarily...
Read MoreA significant change will occur this week with regard to Australian directorships. Please find details about this change below, and let us know if you require any further advice. In February 2020, the Treasury Laws Amendment (Combating Illegal Phoenixing) Act 2020 (Cth) (Phoenixing Act) was passed by Parliament. The Phoenixing...
Read MoreIn brief - an overview of the key changes in part two of the government's proposed reforms to Australia's foreign investment framework On 18 September 2020, the Treasury released the second tranche of exposure drafts for the Foreign Investment Reform (Protecting Australia’s National Security) Regulations 2020 and the Foreign Acquisitions...
Read MoreJobKeeper 2.1 – Economic Response to the Coronavirus
Read MoreDate: 27 July 2020 Reference: Federal Treasury On 21 July 2020, and due to the ongoing coronavirus economic crisis, the Australian Government announced that iswould extend the JobKeeper Payment until 28 March 2021. However, it will be reduced twice. From 28 September 2020 the $1500 wage subsidy will be reduced...
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