361-370 of 1034 results
Australian foreign investment national security reforms – moneylending exemption survives, substantially intact
As part of the national security reforms the Government had proposed to revoke the moneylending exemption in the case of security over a 'national security business'. This would have required foreign lenders to apply to the Foreign Investment Review Board for approval or exemption before undertaking routine loan participations. ...
Internal emails, multiple recipients and the question of privilege
The recent decision of TEC Hedland Pty Ltd v The Pilbara Infrastructure Pty Ltd indicates that, for the purpose of assessing whether privilege can be claimed, multi-addressee emails will be considered as a number of separate communications between the sender and each recipient. ...
Allens advises Bendigo and Adelaide Bank on offer of Capital Notes
The Capital Notes offer includes an Institutional Offer, a Broker Firm Offer, a Reinvestment Offer for the CPS2 shareholders and a Securityholder Offer. The transaction will support the Bank's ...
The health and economic crisis shines a spotlight on the need for greater social and affordable housing
The pandemic has laid bare Australia's overextended and under-invested social and affordable housing market. We look at some of the investment initiatives that have been pursued to date by the state governments. We  also suggest some regulatory and planning changes that can be made. ...
Government introduces the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020
The government yesterday introduced into Parliament the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020 to implement a large number of the Hayne Royal Commission recommendations. Many provisions have a start date of 1 January 2021, and some don't have a transition period. ...
Build-to-rent: stimulating recovery, ensuring resilience
Build-to-Rent (BTR) helps drive economic productivity, and with the right government intervention, could not only play a key role in Australia’s economic recovery from COVID-19, but also ensure the future liveability and resilience of our cities. ...
Funds and institutional investors: a pivotal role in the infrastructure-led recovery
Funds and institutional investors are uniquely positioned to play a pivotal role in this recovery and to respond to the disruption and opportunities that have been presented in infrastructure. ...
Allens advises Bendigo Bank on alliance with Tyro
The alliance will see Tyro become the Bank's exclusive merchant acquiring partner for business customers for an initial 10-year term, with Bendigo Bank to exclusively refer its current and future ...
A key landmark in IBOR transition
The long-awaited ISDA IBOR Fallbacks Supplement and Protocol will be going live today with the endorsement of ASIC, the RBA and APRA. They implement new benchmark fallbacks for both future and existing derivative contracts, facilitating the efficient transition from LIBOR and other IBORs in anticipation of their discontinuation. If you have a derivatives portfolio, the Protocol allows quick and easy adoption of the new fallbacks through a one-off adherence. That said, it may not be sufficient to cover all scenarios. ...
Allens tops syndicated loans rankings for Q3 2020
Having advised borrowers on approximately US$13.1 billion and lenders on approximately US$9.3 billion in syndicated loans in Australia, and borrowers on approximately US$13.4 billion in the Asia ...