Arnotts Technology Lawyers

Australian Consumer Law: increase to threshold test from 1 July 2021

Australian Consumer Law: increase to threshold test from 1 July 2021

With effect from 1 July 2021, the Treasury Laws Amendment (Acquisition as Consumer—Financial Thresholds) Regulations 2020 (Cth) amends the Competition and Consumer Regulations 2010 (Cth) (CCR) by inserting a new regulation 77A to increase the $40,000 threshold to $100,000.

Bitcoin looked down on by Vanguard

Bitcoin looked down on by Vanguard

One of the world’s largest investment management companies, Vanguard, has rejected Bitcoin and cryptocurrency as an asset class.