3921-3930 of 4392 results
Federal Court rules liquidator needn't account for tax on sale of assets
The Full Federal Court has held that a liquidator has no obligation to retain monies on account of tax until a notice of assessment has been issued While the decision is a win for taxpayers and creditors of insolvent entities it remains to be seen how the Commissioner of Taxation will respond ...
Term of mutual trust and confidence not implied into Australian employment contracts
A landmark High Court decision has determined that a term of mutual trust and confidence is not necessary and should not be implied at law into employment contracts in Australia Special Counsel Eleanor Jewell reports ...
PNG Budget looks to improve compliance and strengthen revenue base
The Papua New Guinea Government has delivered its 2015 National Budget which contains a number of amendments to taxation legislation that are part of the Governments efforts to improve compliance and strengthen its revenue base Senior Associate Ryan Warokra reports ...
Foreign investment changes in Indonesia
Some Indonesian business sectors are closed to foreign investment while others are subject to foreign ownership limits There have been some changes to theseforeign investment restrictions under Indonesias widely anticipated revisedNegative Investment List which became effective on 24 April The ...
2017 Budget: increased scrutiny on competition and accountability in the financial system
Treasurer Scott Morrison this week announced that he has tasked the Productivity Commission to review the state of competition in Australias financial system The Budget has also included other measures focused on competition in the financial sector including funding to establish a dedicated ACCC ...
Environmental bond and mine rehabilitation reform in Queensland
Major reforms to environmental bonds and rehabilitation requirements are proposed in two discussion papers released by the Queensland Government All mining sector operators should understand how the reforms will impact their current and proposed operations Partner Bill McCredie and Senior Associate ...
Allens acts for CKI on APA takeover
Allens has advised a consortium led by CK Infrastructure (CKI) on a proposed A$13 billion acquisition of listed Australian energy infrastructure business, APA. The deal has been structured by way o ...
Allens advises tech firm Bulletproof on merger
Allens has advised cloud services provider Bulletproof Group Limited on its merger with Klikon Group Holdings (AC3). Under the deal, Bulletproof entered into a scheme of arrangement with its ...
Allens advises Fox Sports on Cricket Australia broadcast deal
Allens has advised Fox Sports Australia on its six-year agreement with Cricket Australia to broadcast every ball bowled in every game of cricket in Australia from October 2018. The deal, worth a ...
Allens acts on first NAIF financing
Allens has acted for Northern Australia Infrastructure Facility ( NAIF ) on its first financing, the $16.8 million financing of the Onslow Marine Support Base in Western Australia. The Onslow Marin ...