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Unpacking ASIC's sustainability reporting regulatory guide
The Australian Securities and Investment Commission (ASIC) recently published its Regulatory Guide 280 Sustainability Reporting (RG 280) for entities required to prepare a sustainability report under Australia's new climate-related financial disclosure regime that came into operation on 1 January 25 ...
High Court dismisses ACCC's anticompetitive claim, clarifying when an 'understanding' exists
The High Court of Australia has handed down a significant decision, dismissing the ACCC's appeal against a ruling of the Full Federal Court in proceedings involving the Construction, Forestry and Maritime Employees Union and construction company J Hutchinson Pty Ltd. ...
PNG resources sector: broad reforms establish new petroleum regulator and levy
The Papua New Guinea Parliament recently passed the National Petroleum Authority Act 2025 and the Oil and Gas (Amendment) Act 2025, establishing the National Petroleum Authority as the new regulator for the petroleum sector. ...
NSW Court of Appeal confirms letters of comfort don't extend liability to a liquidator's admissions of debt
In Forex Capital Trading Pty Ltd (in liq) v Invesus Group Ltd [2025] NSWCA 64, the New South Wales Court of Appeal has confirmed that a parent company agreement under a letter of comfort to pay 'debts … incurred' by its subsidiary does not apply to proofs of debt admitted in liquidation. In this Ins ...
Australia's energy transition: a complex regulatory road to nuclear power
With the country’s coal-fired power fleet rapidly ageing, nuclear power has been suggested as a possible provider of low-emissions, reliable power to support the energy transition. This raises t ...
Energy transition panel: the implications of US policy changes on Australia
Partner and Head of Energy Kate Axup participated in a panel discussion at The Australian Financial Review Business Summit in March, joining industry leaders to explore the topic 'Energy Transition: t ...
A 'drastic intrusion': appointing provisional liquidators to a solvent company
In a recent Federal Court decision,1 Justice Cheeseman declined to set aside the appointment of provisional liquidators which had been made pursuant to s472(2) of the Corporations Act 2001 (Cth) ...
How to mitigate construction risks and avoid disputes in pumped hydro projects
The sheer scale and duration of pumped hydro energy storage projects leave them vulnerable to inflationary pressures, material shortages and labour constraints, especially in the current global climate. ...
Changing customer service levels: a lesson in consumer law risks
On 21 February 2025, the Federal Court of Australia handed down its decision in Australian Competition and Consumer Commission v Telstra Limited [2025] FCA 93. The Court found Telstra misled nearly 9000 customers via its Belong broadband service by failing to inform them of a reduction ...