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The hotel window closes - no vulnerability where a contract exists
The High Court recently overturned a NSW Court of Appeal decision that stated a building contractor owed a duty of care for pure economic loss for defective work to a successor in title to the developer of commercial premises. ...
Proposed disallowance of FoFA 'streamlining' regulation fails
A motion to disallow the vast majority of the provisions of the Corporations Amendment Streamlining Future of Financial Advice Regulation 2014 has failed Associate Rosie Thomas and Senior Regulatory Counsel Michael Mathieson report ...
Getting the deal through - Australia PPP chapter
Partners Leighton OBrien and Nicholas Ng provide an overview on public-private partnerships PPPs in Australia examining the general PPP framework trends in the industry the procurement process operation and maintenance default and termination and financing ...
First phase of new PNG environmental regime may commence as early as next week
The Papua New Guinea Government has indicated that the first phase of PNGs new environmental regime may commence as early as 1 December 2014 Senior Associate Ryan Warokra reports on the impact the new legislation will have ...
WA State Budget - Government responds to economic conditions by significantly widening asset sales program
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 ...
New energy certificate exemptions for sellers and landlords
From 1 July 2015 sellers and landlords will be able to enter into sales and leases which are the result of unsolicited offers or which involve only wholly-owned subsidiaries without the need to first provide a building energy efficiency certificate following amendments to federal legislation Partner ...
Senate passes Emissions Reduction Fund legislation
The Senate has passed legislation for the establishment of an emissions reduction fund to purchase carbon abatement ...
Will Queensland reform its biodiscovery regime?
The Federal Government proposed significant changes to the regulation of biodiscovery earlier this year when it released a model for the implementation of the Nagoya Protocol Partner Michael Morris and Associate Julieane Bull report on the potential flow-on effects for Queenslands regulatory regime ...
Can you make a supply merely by tolerating something?
In an important ruling the High Court has decided that a purchaser of leased premises will make a supply of the leased premises when after completion the purchaser observes its express obligations under the lease The decision provides much-needed certainty for vendors and purchasers of leased ...
Withholding tax on the sale of Australian property by foreign residents
Treasury has released a discussion paper on the proposal to introduce a non-final withholding tax on the disposal of taxable Australian property by foreign residents Partner Katrina Parkyn looks at some of the key areas of discussion ...