Insights

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An Update on the New GST Withholding Regime for the Sale of Residential Premises

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On 1 July 2018, the Treasury Laws Amendment (2018 Measures No) Bill 2018 came into effect. The Bill introduced changes affecting both vendors and purchasers of all residential property. It is particularly relevant to the...

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ASIC Supervisory Cost Recovery Levy Act 2017 Becomes Law and Implements an Industry Funding Model

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On 15 June 2017, the Senate passed the ASIC Supervisory Cost Recovery Levy Bill 2017 and related bills to implement an industry funding model for the Australian Securities and Investments Commission. Regulations that provide additional...

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National Mortgage Form About to be Rolled Out

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The development of the National Mortgage Form (NMF) by the Australian Registrars National Electronic Conveyancing Council (ARNECC) has been in development for many years. It is hoped the implementation of the NMF will simplify the...

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Standardisation of Statements of Advice and Clawback Rights for Life Insurance

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ASIC has in the past issued sample standard forms for different products. In another step along the road towards standardisation, on the 31st May, ASIC released a consultation paper on a new sample Statement of...

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What the Trans-Pacific Partnership Means for Countries that Trade with Australia

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It is expected that the Trans-Pacific Partnership (TPP) will be signed on 8 March 2018. While Australia has free trade agreements with nine of the eleven TPP members, the TPP still represents significant opportunities for exporters...

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Points to Consider When Preparing for a Business Merger

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Melbourne Partner Nick Miller sat down with Heather Dawson of Business Essentials to discuss mergers and some of the key points to consider, legal and otherwise, when preparing a business for a merger. CLICK HERE to...

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Duty of Care to Police Officers: Individual Circumstances Need to be Considered

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On 10 May 2018, Mahony DCJ delivered a judgment in favour of the Defendant in the District Court of New South Wales concerning a claim for work injury damages by a former police officer (Melanie...

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To Adjourn or Not to Adjourn: A Review of s440A(2)

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In proceedings before the Federal Court of Australia and the state Supreme Courts where an application is made pursuant to sections 459P and 459Q of theCorporations Act (Cth) (“Act”) for orders winding up a company, the...

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Causes of Environmental Litigation and How it is Being Pursued in the US to Mitigate Climate Change

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The Honourable Justice Brian Preston SC, Chief Judge of the Land and Environment Court of NSW, presented his paper “Using Environmental rights to address climate change” at the Law Council’s Future of Environmental Law Symposium on the...

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Nuclear Energy and Waste in Australia

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Australian law currently prohibits nuclear power generation. The only use of nuclear technology in Australia is for medical and research purposes. Australia’s only nuclear facility operated by the Australian Nuclear Science and Technology Organisation (ANSTO), is...

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The One Clause that Makes Contracts with Chinese Suppliers Unenforceable

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If business dealings were predictable and everything went perfectly, we wouldn’t need contracts. Often a contract is signed and buried in a drawer, only to be seen again if the parties are in dispute. When...

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Australian Border Force 2018 Customs Compliance Priorities

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The Australian Border Force has released a statement setting out its compliance priorities for 2018. While each importer and exporter will have its own unique risk areas, the statement by ABF highlights the areas that...

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