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New Victoria reforms: enhancing the security of gas supply
Insight 12 Jun 2020

Gas regulation in Victoria is set for major reform after the Government introduced two new bills aimed at enhancing the security of gas supply for the State. ...

Targeting net zero: climate change is putting governance to the test
Insight 15 Jun 2020

It is a financial imperative to actively navigate the risks and opportunities that the carbon transition presents. It follows, therefore, that corporate strategy in relation to climate risks and opportunities is no longer appropriately housed solely in Environmental, Social and Governance (ESG) or s ...

Major changes to Queensland petroleum royalties scheme
Insight 19 Jun 2020

The Queensland Government has announced major reforms to its petroleum royalties regime which will come into force from 1 October 2020. This, and the royalty rates ultimately set, will have implications for the future returns on Queensland petroleum projects. Producers should also review any existing private arrangements that may have relied on the existing wellhead value approach to ensure any unanticipated consequences are resolved prior commencement of the new regime. ...

NSW turns up heat on developers of residential apartment buildings
Insight 12 Jun 2020

The Residential Apartment Buildings (Compliance and Enforcement Powers) Act 2020 (NSW) has passed. For developers of residential apartment buildings, we take a look at the key changes and outline the actions you should take next. ...

RG 272 – bringing order through product intervention
Insight 23 Jun 2020

Following its consultation in June last year, ASIC has now published RG 272, setting out ASIC's approach to using its product intervention powers. In this update, we examine the scope of this power and the accompanying regulatory guidance. ...

Superannuation, funds and insurance sector reforms: the year ahead in 2020 and beyond
Insight 23 Jun 2020

As the dust settles on a raft of COVID-19 related disruptions to various proposed legislative and regulatory reforms, the Allens team takes stock of the current regulatory reform proposals in the superannuation, funds and insurance sectors which have been mooted for the tail end of 2020 and early 2021. ...

Productivity Commission report on resources sector regulation
Insight 11 Jun 2020

On 24 March 2020, the Productivity Commission released its draft report on resources sector regulation. ...

WA: Greenhouse Gas Emissions Guideline
Insight 11 Jun 2020

The Western Australian Environmental Protection Authority (EPA) has released its finalised Greenhouse Gas Emissions Environmental Factor Guideline (GHG Guideline). ...

NSW reforms to fix building defects – potential for indeterminate liability?
Insight 12 Jun 2020

The NSW Government has enacted new legislation imposing new obligations on design practitioners, engineers and builders and sees a fundamental shift in the relationship between these practitioners and owners as part of its reforms to the building industry. For all owners, builders and designers, we examine these changes and outline steps you can take now. ...

Allens advises Vocus on A$1.225bn and NZ$135m debt refinancing
News 09 Jun 2020

The new facilities, which carry a weighted average tenor of 3.5 years, will extend the duration of Vocus' debt to provide ongoing financial stability and flexibility. Vocus is a leading specialist ...

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