31-40 of 202 results
Constitutional cloud cast by High Court over state taxes affecting goods: Vanderstock and the future of federal-state taxation powers
In its recent decision of Vanderstock v Victoria, the High Court has ruled by a 4:3 majority that the Victorian electric vehicle road user charge is unconstitutional. ...
MAC conditions: more disclosure but no real change to market practice
MAC conditions have long been a feature of managing completion risk in public M&A transactions in Australia—utilising triggers based on either or both quantitative and qualitative measures. However, in 2022 ASIC published its concerns on the formulation of these conditions and, in particular, its expectation that MAC conditions include objective and 'quantifiable' triggers. ...
Fundraising – making the most of convertible notes
A noticeable fundraising trend in the first half of calendar year 2023 has been ASX-listed entities issuing convertible notes to strategic investors – which has caught the ASX's attention. In this Insight, we explain what potential issuers and investors need to know when issuing convertible notes. ...
Closing valuation gaps, unlocking value
The current Australian M&A landscape continues to be marked by a tough valuation environment, with bid-ask spreads, interest rate uncertainty and an uncertain macroeconomic backdrop making completion of transactions difficult. ...
Key considerations for customer-owned bank mergers
The consolidation of the mutual banking sector in Australia, as evidenced by recent mergers involving four of the country's largest customer-owned banks, is a response to competitive pressures and the need to scale technology, funding and compliance costs. ...
FIRB changes to note from 1 July 2023
In this Insight, we outline and comment on the New Register and corresponding reporting obligations. ...
Swaps over choppy waters: deal contingent derivatives provide certainty in uncertain times
In this Insight, we examine deal contingent derivatives, with a particular focus on their benefits over other financial risk mitigation tools such as swaptions and forward starting swaps. ...
FIRB and critical minerals
In this Insight, we outline the extent to which the FIRB regime currently regulates foreign investment in critical minerals and consider the potential future direction of the regulatory framework. ...
An update on Australia's foreign investment approval (FIRB) regime
Covered in this webinar: FIRB experts will share their insights on the current Australian Government's approach to assessing foreign investment proposals, and how they could impact you and your transactions; Recent changes to the FIRB regime; and Upcoming developments such as the commencement of the Register of Foreign Ownership of Australian Assets. ...
Management Equity Plans (MEPs) and their key considerations
In this Insight, we explore common structures and key tax and securities law considerations. ...