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Student housing: Goldman Sachs in JV with Blue Sky PE
News 07 Apr 2016

Goldman Sachs Asia Special Situations Group has formed a joint venture with Blue Sky Private Real Estate to establish a new student accommodation platform. The joint venture involves Goldman Sachs ...

Allens advises Canberra Metro Consortium
News 24 May 2016

Allens has advised the financiers to the Canberra Metro Consortium on the funding of the Canberra Metro's Gungahlin to Civic light rail project. Due to start construction in the coming months, the ...

Linklaters and Allens advise on Victoria International Container Terminal Limited
News 27 Jul 2016

On 20 July 2016, Victoria International Container Terminal Limited ( VICT ), the Australian subsidiary of International Container Terminal Services Inc. ( ICTSI ), successfully closed an export ...

Government and ASIC announcements for FinTech sector
Insight 23 Mar 2016

There were three announcements this week that will serve to bolster the emerging Australian FinTech sector The Government released a statement in support of FinTech as part of its National Innovation and Science Agenda while ASIC issued two sets of guidance an information sheet for providers of ...

Life insurance, conflicted remuneration and commissions
Insight 03 Nov 2016

The Bill to amend the conflicted remuneration provisions in the Corporations Act for life insurance has been introduced into Parliament a second time and draft regulations have been released for comment However we struggle to know how to describe them because the changes seem to have conflicting ...

Designing effective remediation programs
Insight 19 Sep 2016

ASIC issued Regulatory Guide 256 Client review and remediation conducted by advice licensees late last week In short RG 256 says an Australian financial services licensees duty to provide financial services efficiently honestly and fairly means they have to take responsibility for the consequences ...

Foreign purchaser stamp duty surcharge about to start in Queensland
Insight 20 Sep 2016

From 1 October 2016 a stamp duty surcharge of an additional 3 per cent will apply when a foreign person acquires residential land in Queensland Affected taxpayers should therefore urgently consider whether contracts relating to potentially affected transactions can be exchanged in the next few days ...

Implications for government acquiring agencies under NSW land acquisition reform
Insight 25 Oct 2016

This insight examines the key changes to the NSW Governments' announcement to its intention to reform the land acquisition process in New South Wales. ...

Allens wins ILTA Innovative Project of the Year
News 16 Aug 2017

Allens won the ILTA Innovative Project of the Year award for its Real Estate Due Diligence App REDDA. The system will allow lawyers to focus on expert legal analysis by removing the majority of the manual burden. ...

Defining the objective of superannuation
Insight 09 Mar 2016

The Government released a discussion paper on the Objective of Superannuation today The paper says that the Government will enshrine in legislation the primary objective recommended by the Financial System Inquiry being To provide income in retirement to substitute or supplement the Age Pension ...

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