The Victorian Government has introduced legislation to impose a 3 per cent stamp duty surcharge on foreign purchasers of residential land and a 05 per cent land tax surcharge on absentee owners of both residential and other land The proposed legislation is very broad and applies to both direct and ...

In its 2015 Budget handed down yesterday the WA Government confirmed the expansion of its asset sales program to manage the states debt In response to the first forecast budget deficit in WA in 15 years a significant new second tranche of assets has been added to the sales program Partners Andrew ...

Major new mining projects are to face an additional approval hurdle in Queensland following the introduction this week of a Bill to amend the State Development and Public Works Organisation Act 2015 Qld Partner Ben Zillmann and Senior Associate Giselle Kilvert consider the Bill and what it means for ...

The highest appellate court in the UK has affirmed and restated the penalty rule as it applies in the UK in a recent decision that directly addresses and counters the High Court of Australias approach to the rule in Andrews Partner Nick Rudge and Lawyer Patrick Easton report ...

The World Bank has released its Benchmarking Public Procurement 2016 report which provides comparable data on regulatory environments that affect the ability of private companies to do business with governments in 77 economies Allens Partner Leighton OBrien and Linklaters Counsel Julia ...

The new package of legislation overhauling Australias foreign investment laws the first major revision in 40 years commenced on 1 December 2015 While many features of the previous regime have been retained and sometimes re-named there are also a number of significant changes Partners Jeremy Low ...

Following the introduction of interim built form controls Victorian Planning Minister Richard Wynne has announced a proposed amendment to the Melbourne Planning Scheme, which will introduce permanent and stricter built form controls. ...

Allens Partners Paul Kenny and Tim Stewart hosted a roundtable with the NSW Treasurer Gladys Berejiklian in Sydney involving fund managers and financiers to talk about how the private and public sector can work together to deliver on NSWs ambitious infrastructure programme ...

The Australian Government has identified value capture and innovative financing as key elements of its Smart Cities Plan The move will have significant implications for traditional project finance By Paul Kenny Sector Leader Government and Phillip Cornwell Project Finance Consultant at Allens ...

At first glance the recent Productivity Commission Draft Report on How to Assess the Competitiveness and Efficiency of the Superannuation System August 2016 could be dismissed as nothing more than a procedural step along the road to the ultimate goal as recommended by the FSI of developing an ...