Employment
New rules covering safety for Hong Kong’s many thousands of domestic
helpers have been introduced, following a number of accidents involving
falls from high windows. A proposed requirement for adult supervision
of helpers was dropped, presumably because this rather takes away the
real point of a domestic helper, namely to enable both spouses to go
out to work.
Bizarrely, though, the changes are treated as a contractual matter,
rather than a general health and safety issue, in that existing
contracts will not be covered by the new rules: only new or renewed
contracts (indeed, only those signed from 2017) will have to have the
terms written into them.
Similarly, breach of the new rules will allow helpers a contractual
remedy only.
Competition
Hong Kong’s first bid-rigging conviction was handed down in the
"Garden Vista" case. In this case, renovation works were
found to have been awarded at inflated prices in exchange for bribes.
The (inflated) costs amounted to HK$290 million. The bribes amounted to
HK$44 million.
Stamp Duty
In a further attempt to cool the residential property market, the Hong
Kong Government announced an increase in stamp duty for all
residential property transactions to a flat rate of 15%, effective from
5th November 2016.
The previous cooling measures were the Double Stamp Duty, ranging up to
8.5%, on purchases by non-Hong Kong permanent residents and/or
second-property owners.
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