The Western Australian Supreme Court has handed down a decision that has significant implications for the drafting of pre-emptive rights clauses in both joint ventureoperating agreements and shareholders agreements The decision also has ramifications for the conduct of sale transactions that involve ...

The Federal Government has released its draft rules for the emissions safeguard mechanism which will impose financial penalties of up to 18 million on businesses that emit more than their allocated emissions baselines ...

Amendments to the Papua New Guinea Land Act have been proposed which among other things will restrict ownership of land by non-citizens including PNG incorporated companies that are wholly or partly owned by non-citizen individuals or companies ...

The Queensland Supreme Court has held that mining leases did not constitute an interest in land for the purposes of the former land rich duty regime While subsequent amendments to the Duties Act 2001 Qld mean that mining tenements are now treated as an interest in land the decision provides much ...

ASIC has recently raised concerns about forward-looking statements by Australian miners that are made on the basis of preliminary scoping or feasibility studies In a new Information Sheet it has suggested that without certainty as to project funding such statements could constitute misleading ...

The Productivity Commission's final report on its review of Australia's National Access Regime supports the continuation of the National Access Regime subject to reforms, including altering the criteria for the application of access regulation. ...

The legislation that will repeal Australias carbon pricing scheme will also introduce some significant new prohibitions and confer some extensive enforcement and price monitoring powers on the Australian Competition and Consumer Commission to ensure that the repeal of the scheme is accompanied by a ...

As part of its commitment to solving serious air pollution problems the Chinese Government has launched a variety of pilot schemes that will eventually pave the way for the establishment of a national emissions trading market These steps are in marked contrast to the position in Australia where the ...

The Queensland State Development Infrastructure and Industry Committee has recommended aspects of the Regional Planning Interests Bill 2013 be amended Partner Bill McCredie and Senior Associate Michael Zissis outline the committees key recommendations and the next steps towards the implementation of ...

The High Court ruled that certain mining leases in WA did not extinguish all native title rights, but rather the two rights co-exist. In doing so, the High Court took the opportunity to clarify the test for determining when native title rights will be extinguished by statutory grants at common law. ...