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Australian Infrastructure Investment report 2022
Australia’s mature and stable market has maintained investor confidence and continues to be a leading destination for investment. However, investors face a range of challenges, particularly supply chain constraints and economic instability, due to rising inflation and higher costs of borrowing. ...
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. ...
In Touch: Bingo Industries pleads guilty to criminal cartel offences, Google ordered to pay $60m penalty and other developments
The latest in competition and consumer law. ...
In Touch: Energy industry granted interim authorisation and other developments
The latest in competition and consumer law. ...
In Touch: ACCC announces 2022–23 Product Safety Priorities and other developments
The latest in competition and consumer law. ...
'Rate my builder' – next step in NSW Government rating regime
Marking a further step in the New South Wales Government's 'Construct NSW' building and construction industry reforms, the Independent Construction Industry Ratings Tool (iCIRT) – which assesses construction professionals against a series of criteria2 – has released the first 19 developers and builders to have a public rating. In this Insight, we explain iCIRT's potential impact, and what action construction professionals and businesses can be taking now. ...
Allens advises TfNSW on $2.2 billion Coffs Harbour Bypass Project
The project includes a 14 kilometre bypass of Coffs Harbour, which will save 11 minutes travel time. The project forms part of the Pacific Highway upgrade, which is one of the largest road ...
Multi-tiered dispute resolution clauses – when does an arbitration agreement become 'operative'?
A recent decision of the New South Wales Supreme Court considered a multi-tiered dispute resolution provision that required negotiation and expert determination before a party could refer a dispute to arbitration. In a move away from earlier authorities, the court found that the agreement to arbitrate in such a clause was 'operative' even if the negotiation and mediation steps had not yet been satisfied. The decision takes a broad view of when Australian courts must refer disputes to arbitration. ...
In Touch: ACCC institutes proceedings against Uber; and other developments
In Touch: ACCC institutes proceedings against Uber; and other developments ...