1311-1320 of 2721 results
A new era of environmental governance: national agencies and tougher penalties
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 ...
Allens advises QIC on investment to build world's first quantum computer in Brisbane
The investment, to be managed by QIC on behalf of the Queensland Government, will see PsiQuantum secure its Asia-Pacific headquarters in Brisbane, supporting Australia's manufacturing and productio ...
Allens advises Morgan Stanley Infrastructure Partners on its stake in the Onslow Iron haul road
Connecting the Onslow Iron Project at Ken's Bore mine to the Port of Ashburton in Western Australia, the haul road is a significant transport solution designed to unlock billions of tonnes of ...
Victorian stamp duty for industrial and commercial properties transitions to annual tax from 1 July 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
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. ...
High Court ruling that 'backpacker tax' is discriminatory invites consideration of other potentially disapplied discriminatory tax provisions
In the recent decision of Addy v Commissioner of Taxation, the High Court ruled that the so-called 'backpacker tax' contravened the non-discrimination article contained in the double tax agreement between Australia and the United Kingdom (UK). ...
Further progress for Renewable Energy Zones across the NEM
Significant investment in network infrastructure will be required to ensure there is sufficient network capacity in the National Electricity Market (NEM) to support the broader electricity system and meet the needs of new generators. ...
An update on the Australian Patent Box and what you need to do next
Following the announcement by the Federal Government that Australia will introduce a patent box, Treasury has now released a discussion paper on the policy design for this new initiative (the Discussion Paper). The closing date for submissions is 16 August 2021. Ahead of that deadline, we discuss a ...
Privacy disclosure incident leads to largest ever award of compensation for non-economic loss.
The determination issued by the OAIC for breaches of the Privacy Act by the Department of Home Affairs confirms that compensation can be ordered to be paid for non-economic losses related to data breaches. ...
Queensland's proposed new wage theft laws
A new law proposed in Queensland would make it clear that wage theft can be prosecuted as stealing and fraud. However, these laws may be short-lived, given the Federal Government is considering similar laws that would cover the field for Fair Work Act 2009 (Cth) offences. ...