Trade and Customs Partner Andrew Hudson wrote to Lloyd's List Australia regarding their article 'Former customs broker sentenced to four years for fraud.' The article reports on a case which involved a customs broker who has been sentenced to four years in prison after pleading guilty to falsifying importation documents and pocketing more than $700,000, a sum he was ordered to repay.
The world of international trade is currently in some turmoil thanks to the 'disruptors' of the Trump administration and Brexit and protectionist statements being made in other forums including talk of a trade war between the USA and China (although, to be fair, if you are going to have a war then a trade war is better than a military one).
A senior employee resigning to go and work for a direct competitor happens frequently, and is almost always a cause for concern. The fear is that a competitor, as the new employer, may acquire confidential information to confer an unfair competitive advantage which they would not otherwise possess, but for the employee’s resignation.
In a recent case involving Telstra, the Full Federal Court has confirmed that personal information must be information about an individual before it will be protected and regulated by the Privacy Act and the Australian Privacy Principles.