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Latest constitutional challenge to notional GST fails
Two recent decisions - Hornsby Shire Council v Commonwealth; and Landcom v Commissioner of Taxation - have rejected constitutional challenges to the notional goods and services tax (GST) voluntarily paid by the Commonwealth, states, local councils and statutory authorities. ...
Lessons from Daewoo v INPEX: calls on bank guarantees
Last week the NSW Supreme Court published an important decision concerning a principal's ability to call on a bank guarantee in circumstances where a contractor is facing financial troubles and/or potential insolvency in Daewoo v INPEX [2022] NSWSC 1125. ...
Future-proofing the energy transition: strategies for mitigating project disputes
In this Insight, we explore the major trends that we believe will prove the most fertile ground for future projects disputes. ...
Understanding the 2023 Queensland Renewable Energy Zone Roadmap
The Queensland Government has now released a draft Renewable Energy Zone Roadmap (REZ Roadmap) for consultation. The REZ Roadmap is open for consultation until 22 September 2023. In this Insight we provide details on the focus questions and explain how to submit your feedback. ...
Key observations from the Government's review of Australia's corporate insolvency regime
Key observations from the Government's review of Australia's corporate insolvency regime. ...
Allens advises UEM Sunrise on $277m build-to-rent development
Under the fund through structure on which the firm advised, UEM will sell the property to Greystar and will be appointed developer and delivery partner to construct approximately 400 apartments ...
Big Batteries are now 'premises': NSW Land Registry Services
The NSW Land Registry Services (NSWLRS) is expected to release updated guidance regarding the registration of leases for Battery Energy Storage Systems (BESS) in New South Wales. In this Insight, we outline the change and explore its benefits, as well as offer a comparison to the position in other Australian states. ...
Allens advises on Australia's largest ever build-to-rent transaction
'Mirvac is a pioneer in the BTR sector in Australia, and Allens has been a part of that journey since 2018. This landmark transaction establishes the first BTR fund in this country with both ...
Construction contracts and the new 'ipso facto' insolvency reforms
New insolvency legislation that is designed to provide greater opportunities to restructure failing businesses both before and during external administration has recently been passed ...
Next step in delivering the Queensland Energy and Jobs Plan
Following the release of the Queensland Energy and Jobs Plan in September 2022, the Queensland Government has revealed draft legislation—the Energy (Renewable Transformation and Jobs) Bill 2023 (Qld). This Insight explores the Draft Bill and identifies key details still to be provided. ...