PNG Parliament convened urgent session and passed K5.6 billion stimulus package; 14-day state of emergency extended by another two months, to June 2020; new emergency laws enacted; Bank of PNG announced new monetary and fiscal measures; IRC granted tax exemptions; IPA waived certain company statutory obligations; superannuation funds announced proposed amendments to superannuation law; PNG Government refused extension of Barrick special mining lease; and proposed plan for freight subsidies for air and sea transport. ...

The Treasurer has used his emergency powers under the Corporations Act (the Act) to temporarily modify the operation of Australia's continuous disclosure laws. The Treasurer's release states that the changes are designed to enable listed companies to more confidently provide earnings guidance ...

The capital raising comprises a fully underwritten $1.2 billion placement and a securities purchase plan targeting to raise up to $200 million, and the proceeds will be used to reduce debt and ...

The 320MW project will be the first venture in Australia for Iberdrola, one of the world's largest electricity utilities and the number one producer of wind energy in the world. Iberdrola has aroun ...

Two important developments have unfolded over the past week. The InIP editors report ...

The Environment Protection Amendment Act 2018 (Vic) (EP Act), which was set to commence on 1 July 2020 (and overhaul environmental laws in Victoria) will now commence on1 July 2021 as part of a suite of emergency measures in response to COVID-19. Our team looks at the COVID-19 Act and how it relates ...

The sudden and unknown nature of COVID-19 has triggered a global economic shock, and disrupted Australia's economy. As we enter a national state of economic 'hibernation', banks and lenders are grappling with a sudden influx of relief requests from consumer and business customers. ...

The decision in Inghams Enterprises Pty Ltd v Hannigan [2020] NSWCA 82 found that a dispute was improperly referred to arbitration because the claim for unliquidated damages was not a dispute that fell within the scope of the arbitration agreement. This decision highlights the importance of precise drafting for all dispute resolution clauses. ...

Even in a COVID-19 affected world, climate change remains a material consideration for most businesses. The challenge of reaching net zero by 2050, in particular, will increasingly demand the attention of in house legal and compliance teams. ...

Australian law requires certain standards of conduct of company directors, including that directors act in the best interests of the company and exercise care and diligence in performing their role. ...