We are now seeing the economic and social effects of the new coronavirus (COVID-19) in Australia, particularly in terms of public health controls. Some of these are quarantine, self-isolation and international travel restrictions. If we assume that the virus will continue to spread throughout Australia, then organisations need to plan how to manage significant numbers of staff being unable to attend work, and how to continue to serve clients and investors.
ASX provides further information on its major rewrite to the Listing Rules and Guidance Notes, due to take effect on 1 December 2019. Additional changes to Guidance Note 9 will take effect on 1 January 2020 to coincide with the Fourth Edition of the Corporate Governance Principles and Recommendations.