4101-4110 of 4434 results
Significant 'blow' for penalties claims
Today the Full Federal Court clarified the law of penalties as it applies to fees The key development is that in considering whether the amount of a fee is extravagant and exorbitant compared to the potential costs incurred in dealing with a failure to perform an obligation the court held that ...
A series of 'firsts' under the National Electricity Law
The Federal Court has issued the first court-ordered civil penalties for breaches of the National Electricity Rules demonstrating a willingness to apply an agreed pecuniary penalty negotiated by regulators and respondents This decision is important not just to the energy sector but also to ...
The Inverted Bid Model - five key questions in solving it
Industry Super Australias proposed Inverted Bid Model has generated a lot of interest and discussion At a recent industry symposium participants were invited to explore the model with a view to further refining it for application in the Australian infrastructure market Partner David Donnelly poses ...
Insolvent contractors beware: principals can rely upon set-off rights when resisting claims
The Victorian Supreme Court has provided guidance on set-off rights in the context of insolvency particularly in relation to inconsistency between provisions of the Corporations Act and security of payment legislation Partner Nick Rudge and Lawyer James Waters report ...
The year to come for Australia's Anti-Money Laundering and Counter-Terrorism Financing regime
Having recently acquired a new CEO and a significant funding boost AUSTRAC is being closely watched by reporting entities for an indication of its future direction and priorities both at the policy and the enforcement level In light of this and with major review reports pending 2015 promises to be a ...
When is a trust a commercial necessity?
The High Court has held that the proceeds of a forestry investment scheme were not held on trust for the investors by the operators of the scheme. ...
First step towards a Common Resources Act in Queensland
New legislation has been introduced into the Queensland Parliament that will mark the first stage of a program that will attempt to rationalise the regulatory regime for all types of resources tenure in that state The new legislation also introduces a number of major reforms to the land access and ...
Queensland reviews mining lease objection process and land access regime
As part of its ongoing initiative to reduce red tape and streamline application and approval processes for the resources industry, the Queensland Government has released two discussion papers simultaneously proposing amendments to the objection regime for mining leases and regulations ...
Queensland's new framework for the development of the deep gas and oil industry
The Queensland Government has released a plan to encourage the viability of the emerging unconventional deep gas and oil industry Partner Igor Bogdanich Managing Associate John Hedge and Lawyer Ellie Mulholland analyse the recommended changes to Queenslands onshore petroleum regulatory framework ...
Budget wrap - significant infrastructure investment and divestment
Following last weeks release of the New South Wales and South Australian budgets it is clear that most state and territory budgets handed down since the Federal Budget have shown an alignment with the Federal Governments national agreement on infrastructure investment and asset recycling Partner ...