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Allens appoints five new partners
News 21 Apr 2024

'I am pleased to welcome this terrific group of future leaders to the partnership, all of whom are trusted advisors to our clients. Their practices span the areas of energy, ESG, intellectual ...

Allens advises QIC on investment to build world's first quantum computer in Brisbane
News 06 Jun 2024

The investment, to be managed by QIC on behalf of the Queensland Government, will see PsiQuantum secure its Asia-Pacific headquarters in Brisbane, supporting Australia's manufacturing and productio ...

Allens advises Morgan Stanley Infrastructure Partners on its stake in the Onslow Iron haul road
News 06 Jun 2024

Connecting the Onslow Iron Project at Ken's Bore mine to the Port of Ashburton in Western Australia, the haul road is a significant transport solution designed to unlock billions of tonnes of ...

Victorian stamp duty for industrial and commercial properties transitions to annual tax from 1 July 2024
Insight 05 Jun 2024

From 1 July 2024, under the Commercial and Industrial Property Tax Reform Act 2024 (Vic) (the Act), which seeks to implement 'transformational' tax reform for commercial and industrial property, such property will be subject to stamp duty for a final time when it is next sold or otherwise transacted ...

ASIC continues to prioritise compliance with financial hardship obligations
Insight 05 Jun 2024

Lenders need to respond effectively to hardship notices. ASIC reviewed ten large home loan lenders to understand how they are supporting customers experiencing financial hardship. ...

Allens publishes Australia's first AI legal benchmark
News 31 May 2024

The benchmark suggests that while LLMs can summarise well-understood areas of law effectively, they should not be used for dispensing Australian law advice without expert human supervision due to ...

Optus class action privilege claims rejected
Insight 31 May 2024

The Full Federal Court has refused Optus' appeal from a Federal Court decision rejecting its legal privilege claim over a factual investigation report commissioned in response to a data breach, on the basis that Optus had not established that the report was prepared for the dominant purpose of legal ...

Takeaways from recent guidance on cyber incident disclosure obligations for listed companies
Insight 28 May 2024

In this Insight, we examine the guidance note and related developments and offer our view as to when disclosure (for the purposes of the ASX listing rule requirements) of cyber incidents should generally only occur. ...

Environment Protection Act fires the starting pistol for private actions
Insight 27 Jun 2022

The new Environment Protection Act 2017 (Vic) (the EP Act) brings a raft of changes, including introducing direct third-party enforcement rights. Eligible people will be able to bring actions against individuals and businesses they claim are in breach of the new Act from 1 July 2022. This Insight outlines the key things companies should know about the third-party enforcement rights regime. ...

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