Insights

New Australian Director ID Requirements – In force from 1 November 2021

From 1 November 2021, Directors of various entities registered under the Australian Corporations Act 2001 (Cth) will need to obtain a unique Director ID number. The Director ID’s purpose is to...

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Changes to the ‘right to negotiate’ process under the Native Title Act

On 25 September 2021 the remaining amendments from the Native Title Legislation Amendment Act 2021 (Cth) (Amending Act) commenced.

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Forrest & Forrest revisited: Strict compliance requirement reinforced

The Western Australian Court of Appeal has followed the High Court’s strict approach reiterating that mining companies cannot “cure” non-compliant applications for mining leases after the fact...

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The Language of Zero: COP26 glossary

With COP26 fast approaching (31 October 2021 – 12 November 2021), we have put together a quick guide to some of the key words and phrases in the language of climate change and related to the...

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ACCC makes final decision in LNG netback price series review

On 30 September 2021, the Australian Competition and Consumer Commission (ACCC) announced that it had finalised its review of the liquefied natural gas (LNG) netback price series for the east coast...

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Victoria’s newest property tax - Windfall Gains Tax

In May this year, the Victorian government announced it would be introducing a Windfall Gains Tax (WGT) in order to tax the value of gains made by landowners as a result of certain rezoning...

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Corporations Amendment (Meetings and Documents) Bill 2021

Permanent measures introduced into Parliament for corporate on-line meetings, electronic notices and execution of documents.

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Security of Critical Infrastructure Amendment Update

The Security Legislation Amendment (Critical Infrastructure) Bill 2020 (CI Bill) was introduced into parliament on 10 December 2020 to amend the Security of Critical Infrastructure Act 2018 (SOCIA)...

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Release of NSW’s hydrogen strategy

On 13 October 2021, the NSW Government launched the NSW hydrogen strategy, establishing the Electricity Infrastructure Roadmap for the development of the state’s hydrogen industry.

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Dealing with Regulators in Australia: voluntary inquiries

Australia has many investigative bodies with coercive information gathering powers. If you are operating in Australia in any capacity, it’s likely that you will encounter one or more of these...

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State and Territory budget snap shot – key business announcements

Following last year’s federal and state government budget deferrals, 2021 has seen a return to a more “normal” timetable for the states and territories releasing their budgets, with most...

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Online harm: an expanding responsibility for online platforms

In line with recent global trends, online platforms have come under scrutiny by Australian regulators and legislators from numerous angles ranging from market-power and competition to consumer...

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Medicare takes Court action over “above market” rent

Medicare has commenced proceedings against a pathology provider for paying rents significantly above market rate.

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October Australian Energy & Resources Market Update

Our update covers mining, oil and gas, electricity and renewable energy.

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Petroleum and Geothermal Energy (Energy Resources) Amendment Bill 2021 (SA) Summary

On 25 August 2021, the Petroleum and Geothermal Energy (Energy Resources) Amendment Bill 2021 (SA) (Bill) was introduced in the South Australian House of Assembly.

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A solution to the problem of multiplicity: consolidation of the Allianz class action proceedings

The plaintiffs in two competing class actions relating to car dealer “add-on” insurance have successfully applied to consolidate proceedings in the Supreme Court of Victoria as a solution to the...

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Package of reforms to overhaul gas pipeline regulation

A package of proposed reforms to the legislation regulating access to natural gas pipelines has been released for stakeholder feedback.

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Expanding the national gas regulatory framework to hydrogen and renewable blends

The development of the hydrogen industry in Australia has been identified as a key priority of the Commonwealth Government.

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ESG Considerations for Investment Funds in Australia – Disclosures

Earlier this year, Cathie Armour, a Commissioner of the Australian Securities and Investments Commission (ASIC), gave a speech on the rise of greenwashing and its potential threats.

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Landmark ruling against EPA will see change in climate change policy in NSW

On 26 August 2021, Chief Judge Preston of the Land and Environment Court of NSW handed down the decision in Bushfire Survivors for Climate Action Incorporated v Environment Protection Authority...

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Contracting out of class actions? Federal Court says no in an Australian first

‘Class action waiver’ clauses are clauses under which a party waives their right to participate in a class action. Sometimes found in consumer agreements (particularly in the United States) such...

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Guidance on group costs orders for Victorian class actions

The first determination of an application seeking a ‘group costs order’ (GCO) was unsuccessful for the plaintiffs in two flex commission class actions in the Supreme Court of Victoria.

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Can boards hide their sensitive side?

A sensitivity analysis can be a useful tool for assessing the likelihood of meeting earnings forecasts. But are public companies bound to disclose that analysis to the market? The Full Court of the...

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Arrium court finds significant non-current liabilities not sufficient to prove insolvency

In a substantial recent decision arising from the Arrium liquidation , the Supreme Court of New South Wales considered the materiality of significant future liabilities in assessing the company’s...

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