Insights

Resources sector revamp? Productivity Commission announces 12-month review

On 5 August 2019 the Federal Resources Minister, Matt Canavan MP announced that the Productivity Commission will conduct a 12-month review of the regulation of the resources sector.

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“Adding fuel to the fire”: Administrators fail in bid to adjourn winding-up of Paltar Petroleum Ltd

On 3 May 2019, the Federal Court of Australia dismissed an application brought by the administrators of an oil and gas exploration company, Paltar Petroleum Limited (Paltar) to adjourn proceedings...

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Guaranteeing payment under an unconditional bank guarantee: Santos v BNP Paribas

The Queensland Court of Appeal last week upheld a decision that a demand for payment under an unconditional bank guarantee was invalid because it failed to state expressly that it had been signed...

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Looming changes – are you ready for the Consumer Data Right?

With the Federal Government announcing its intention to introduce a Consumer Data Right (CDR) from 1 July 2019, how can you be prepared?

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Proposed changes to PRRT system from 1 July 2019

Back in June 2017 we examined the final report of the Government’s review of the design and operation of the Petroleum Resource Rent Tax (PRRT) (the Callaghan Review). Following the Government’s...

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Approvals for CSG water treatment facilities in NSW

On 14 March 2017, the Court of Appeal of the Supreme Court of NSW gave its decision in People for the Plains Incorporated v Santos NSW (Eastern) Pty Ltd [2017] NSWCA 46 (Case). The Case considered...

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New rules for the apportionment of petroleum recovered from pools straddling Commonwealth and State

Recent amendments to legislation aim to improve functionality regarding entering into petroleum agreements, even if relevant geological information is not fully known.

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East Coast Gas Market Reform Package

COAG Energy Council's Gas Market Reform Package adopts many of the recommendations for east coast gas market reform made by the AEMC and the ACCC earlier this year.

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Resource management regulations to strengthen WA’s petroleum & geothermal resource regulatory regime

Two new pieces of legislation are expected to commence operation later this year, and are hoped to improve the oil & gas industry.

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East coast Australian gas market reviews

Are east coast gas markets fit for purpose? Are they competitive? A closer look at the case for change.

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Queensland moves to reduce 'Green Tape'

The Queensland Government has released a discussion paper announcing its intention to reduce "Green Tape" for business and government by providing a streamlined regulatory process for environmental...

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Joint Ventures under the Clean Energy Package

The package of legislation to implement the carbon pricing mechanism (also called the carbon tax) was introduced into the Federal Parliament on 13 September 2011. The Clean Energy Bill 2011 (Cth...

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Australia's carbon pricing mechanism

Australia's carbon pricing mechanism Australia's carbon pricing mechanism Australia's carbon pricing mechanism Australia's carbon pricing mechanism Australia's carbon pricing mechanism Australia's...

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Carbon markets update May 2011

This update gives an overview of two major developments in Australian carbon markets. The Carbon Price Mechanism, or carbon tax, is expected to be the foundation for emissions trading in three to...

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Gas Security Amendment Bill

The Queensland State Government has recently introduced the State Gas Security Amendment Bill. The legislation has a number of objectives which...

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Security for Payment Act 2009 (SA)

South Australia...s building and construction industry will join the rest of Australia when its new Building and Construction Industry Security of Payment Act 2009 (SA) (the Act) comes into...

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Overview of the Short Term Trading Market

The Short Term Trading Market (STTM) is a mandatory wholesale gas market which operates at various hubs,1 initially at the Sydney Hub and the Adelaide...

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