With Australia's revamped baseline-and-credit carbon trading scheme, the Safeguard Mechanism (starting on 1 July 2023), many of Australia's large emitters—and their investors, financiers and customers—are grappling with how to comply with the scheme and manage carbon risk. ...

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. ...

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of May. We also take a closer look at the AEMC's final report in relation to the interim reliability measure published on 25 May. ...

Development of an offshore wind industry in Australia will be, in part, dependent upon access to commercial and institutional debt markets. In this Insight, our renewable energy projects and finance specialists explore some of the bankability issues that will be relevant to sponsors and lenders considering financing offshore wind projects in Australian waters. ...

The historic deal has resulted in Entain taking on the majority of operations of TAB NZ, New Zealand's statutory body for racing and sports betting, broadcasting and gaming and the sole entity ...

The Amendment came into operation and started the clock ticking for all existing companies to apply for re-registration by 1 December 2023, or risk being de-registered. But there is a hidden trick to re-registration that all companies must be aware of, and should prepare for. ...

The Australian Competition and Consumer Commission (the ACCC) has released its July 2022 interim report (the Report), which is the 13th interim report in the inquiry into gas supply arrangements in Australia (the Gas Inquiry). ...

The recommendations for reform of Australia's Modern Slavery if adopted, will mark a substantial strengthening in Australia's efforts to combat modern slavery, as well as more onerous due diligence and reporting requirements for companies caught by the regime. ...

In this Insight, we consider an alternative approach that may better balance the rights of selling and non-selling investors where a pre-emptive right remains appropriate. ...

Competition and consumer law issues in financial services, essential services and wholesale gas markets will be a focus for the ACCC. Cartels and anti-competitive conduct remain an ongoing focus. In terms of consumers and small businesses, there will be particular focus on manipulative or deceptive advertising practices in connection with digital services and 'green' claims. The ACCC is also advocating for law reform in relation to digital platforms, unfair trading, consumer guarantees and merger control. ...