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Allens advises on Australia's largest sustainability-linked loan
News 10 May 2021

The facility is the largest SLL announced in Australia to date, and sees the Fund become the first Australian REIT to apply a SLL framework to all its bank facilities. Under the SLL, sustainability ...

National Electricity and Gas rules update: November 2020
Insight 14 Dec 2020

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of November, as well as take a closer look at the latest ring-fencing issues paper published by the AER. ...

What courts and regulators expect from corporate compliance
Insight 22 May 2020

The recent decision of ACCC v Bupa Aged Care contains valuable lessons on the importance of compliance programs. They include how quickly improving or implementing such programs can lead to lower penalties; the extent to which regulators and courts favourably view effective compliance programs when assessing penalties, and what features they consider to be essential. ...

Nature-related risks should be at the top of the boardroom agenda: key steps directors should take to manage these risks
Insight 14 Jun 2024

Nature-related risks and opportunities have fast become a hot topic of discussion in Australian boardrooms. Investors have warned that boards and executives need to be upskilled on nature-related risks to be ready for what is to come. ...

Switzerland found to have contravened European Convention on Human Rights in responding to climate change
Insight 12 Jun 2024

The European Court of Human Rights (the ECHR) has recently delivered a decision concerning the human rights impacts of climate change in Verein KlimaSeniorinnen Schweiz and Others v Switzerland (European Court of Human Rights, Grand Chamber, Application No 53600/20, 9 April 2024) (Verein). ...

Queensland resources sector update: budget announcements and recent reforms
Insight 12 Jun 2024

In this Insight, we explore the key initiatives and funding announced in the budget as well as recent legislative and policy reforms across the sector. ...

A new era of environmental governance: national agencies and tougher penalties
Insight 07 Jun 2024

Following announcements in April about next steps in the Federal Government's 'Nature Positive' reforms (see our previous Insight here), three Bills have been tabled in Parliament to implement Stage 2 of the three stages of amendments to the Environment Protection and Biodiversity Conservation Act 1 ...

Victorian stamp duty for industrial and commercial properties transitions to annual tax from 1 July 2024
Insight 05 Jun 2024

From 1 July 2024, under the Commercial and Industrial Property Tax Reform Act 2024 (Vic) (the Act), which seeks to implement 'transformational' tax reform for commercial and industrial property, such property will be subject to stamp duty for a final time when it is next sold or otherwise transacted ...

ASIC continues to prioritise compliance with financial hardship obligations
Insight 05 Jun 2024

Lenders need to respond effectively to hardship notices. ASIC reviewed ten large home loan lenders to understand how they are supporting customers experiencing financial hardship. ...

Allens publishes Australia's first AI legal benchmark
News 31 May 2024

The benchmark suggests that while LLMs can summarise well-understood areas of law effectively, they should not be used for dispensing Australian law advice without expert human supervision due to ...

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