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Class action risk in 2021
Insight 30 Mar 2021

Australia’s class action landscape remains dynamic and complex. 2020 was characterised by an increase in filings, continuing uncertainty around the impact of COVID-19, and a consistently high level of consumer claims. ...

ACCC's 2021 product safety priorities
Insight 29 Mar 2021

The ACCC announced its Product Safety Priorities for 2021, including: Button batteries, Quad bikes, Toppling furniture and infant sleeping products, and E-commerce and the Australian Product Safety Pledge. ...

Proposed new responsible lending laws pass the House of Representatives
Insight 23 Mar 2021

On Monday 15 March 2021, the National Consumer Credit Protection Amendment (Supporting Economic Recovery) Bill 2020 passed the House of Representatives, and was introduced in the Senate the following day. This followed the release of the Senate Economics Legislation Committee Report on the Bill. ...

Will negative price risk increase following changes to dispatch obligations under the National Electricity Rules?
Insight 25 Mar 2021

Semi-scheduled generators, such as wind and solar farms, will face increased exposure to negative price risk following a new rule made by the Australian Energy Market Commission (AEMC). ...

'Remediation' as a legal term
Insight 23 Mar 2021

ASIC's recent consultation paper (CP335) on proposed changes to its remediation guidance (RG256) may have created further space between what is legally required of remediations and what ASIC may expect of them. ...

Allens advises ACCIONA on 923MW MacIntyre Wind Farm partnership
News 19 Mar 2021

Allens has advised the energy division of ACCIONA on its agreement with Ark Energy Corporation, a new subsidiary of Korea Zinc Company, in relation to the 923MW MacIntyre Wind Farm development project in Queensland. ...

National Electricity and Gas rules update: February 2021
Insight 16 Mar 2021

In our latest update, we examine the progress of new and existing rule change requests to the AEMC across the month of February, as well as take a closer look at the release of Victoria's Renewable Energy Zones Development Plan. ...

Investor state arbitration and the environment: preparing for change in 2021 and beyond
Insight 14 Mar 2021

The overlap between international investment and environmental protection is expanding, eg with environmental protection provisions featuring in recent International Investment Agreements (IIAs) and international Free Trade Agreements (FTAs), and environment-related investor-state disputes. ...

Privacy disclosure incident leads to largest ever award of compensation for non-economic loss.
Insight 16 Mar 2021

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. ...

The role of banking in the infrastructure-led recovery
Insight 09 Mar 2021

Banks have played, and will continue to play, a key role in not only supporting Australian individuals and businesses managing the effects of the pandemic, but also as a key capital provider in the investment of new infrastructure for a post-pandemic world. ...

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