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ASIC's proposed competition objective
Insight 08 Jul 2014

In its submission to the Financial System Inquiry the Australian Securities and Investments Commission has proposed the addition of a statutory objective to enable ASIC to consider the impact of its decision making on competition when exercising its statutory powers and functions This paper explores ...

Allens insights: Brave new world where financial advisers work in sales
Insight 20 Aug 2014

The Senate Economics Committees Report into ASICs performance is an interesting read It opens by calling ASIC a timid hesitant regulator too ready and willing to accept uncritically the assurances of a large institution And continues in a similar vein for almost 500 pages ASIC says it does the best ...

Property Occupations Act passed
Insight 07 May 2014

New legislation that deals with property transactions in Queensland will have major implications on the sale process of residential property and the licensing of agents Partner Alister Fitzgerald and Senior Associate Annabelle Aland report on the main changes ...

Australian landholder duty: avoid the pitfalls of an ever expanding duty base
Insight 10 Sep 2014

An increased focus on taxing indirect real property transfers has seen the 'land-rich' or 'landholder' duty rules expand significantly over the years, resulting in far more transactions being liable to duty. ...

Allens advises on $11 billion Metro Tunnel
News 19 Dec 2017

Allens has advised the financiers to the Cross Yarra Partnership on the successful close of the Metro Tunnel Package and related packages of the $11 billion Melbourne Metro Project. The Melbourne ...

Victoria implements new planning regime for native vegetation clearing
Insight 24 Jan 2014

Following on from our report in June 2013 reforms to the Victorian planning scheme provisions controlling clearance of native vegetation have now been implemented through Planning Scheme Amendment VC105 Special Counsel Meg Lee and Lawyer Katherine Kirby outline the new regime ...

Allens acts on $2.9 billion NorthConnex road project
News 05 Feb 2015

Allens has acted for Canada Pension Plan Investment Board ( CPPIB ) on its role in the consortium to fund the construction of, and then own, the NorthConnex project in Sydney. The consortium, ...

Allens acts on major agribusiness deal
News 20 Nov 2014

Allens has advised property fund manager CorVal Partners Limited and family office RF Capital in their purchase of six poultry processing facilities across Australia from Inghams Property Managemen ...

Forrest Centre in WA sells
News 26 Feb 2016

YT International, an investor associated with Perth Upper China Hotel, has purchased the Forrest Centre office tower in Perth's CBD. Allens assisted on the due diligence and bid process for the ...

Allens advises IDP Education on A$331.6 million IPO
News 12 Nov 2015

Allens has advised IDP Education Limited on its A$331.6 million Initial Public Offer, launched with lodgement of a prospectus on 12 November 2015. IDP Education – headquartered in Melbourne – is a ...

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