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Competition news
In Touch looks at what's been happening in Competition this month and what it means for your business ...
ACCC inquiry into the east coast gas market - key findings and recommendations
The final report of the ACCC inquiry into the east coast gas market was released today The ACCC has made recommendations about removing government moratoria on gas developments revising the test to determine when a pipeline should be regulated and increasing consistency and transparency in ...
Glencore's Newcastle success opens the channel for further access regulation
Glencore has succeeded in its bid to have the access to the Newcastle shipping channel declared under Australias national access regime The Australian Competition Tribunals decision reversed the acting Treasurers decision and has settled for now the uncertainty about the interpretation of the ...
Australia and Singapore enter into Comprehensive Strategic Partnership
The Australian and Singaporean governments have recently concluded discussions on a landmark agreement that will see the two countries cooperating across a range of strategic initiatives including in the areas of trade and economics innovation education people and defence The Comprehensive Strategic ...
Major overhaul of Australia's foreign investment laws: what's new?
The new package of legislation overhauling Australias foreign investment laws the first major revision in 40 years commenced on 1 December 2015 While many features of the previous regime have been retained and sometimes re-named there are also a number of significant changes Partners Jeremy Low ...
FIRB shines the spotlight on tax issues
The Australian Government has announced that in applying the national interest test to future foreign investment applications it will be requiring investors to satisfy a series of tax compliance and disclosure obligations relating to the tax implications of the proposed investment and the ...
ACCC successfully appeals air cargo cartel - the widening of 'market in Australia'
The ACCC has won an appeal in the Full Federal Court in the air cargo cartel case against Air New Zealand and Garuda Those airlines were found to have engaged in price fixing conduct within a market in Australia even though the point of competition was outside the country The case clarifies and ...
Federal Government amends section 46
The Federal Government today announced it will amend section 46 which prohibits the misuse of market power In doing so the Government will adopt the recommendation of the Harper Review ...
Allens advises DUET Investment Holdings Limited on acquisition of additional interest in Dampier to Bunbury Natural Gas Pipeline
Allens has advised DUET Investment holdings Limited on its $205 million acquisition of an additional interest in the Dampier to Bunbury Natural Gas Pipeline (DBP), one of Western Australia's most ...
Allens advises ACCIONA on Geotech acquisition
Allens has advised ACCIONA on its acquisition of Australian engineering and construction group Geotech. The deal includes a cash payment of $197 million and a 17.6 per cent stake in a new subsidiar ...