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Building strength through collaboration
For the past two decades, Australia has been a leader in the use of public private partnerships (PPPs) and private capital in the delivery of public infrastructure. Our successes have been so pronounced that countries such as Canada would send experts and civil servants to learn from local authorities. The market matured, and many complex projects were delivered using this approach. It is the combination of private and public sectors that is crucial for a successful project, allowing certain risks to be transferred, better management of risk and more innovative thinking. In this Insight, we discuss why private sector involvement is beneficial and how they enable stronger project outcomes for all. ...
New FIDIC practice note on DAABs
A new practice note on dispute avoidance and adjudication boards (DAABs) was released by the International Federation of Consulting Engineers (FIDIC) late last year. ...
New year review: contract resets in the infrastructure sector
A new year often brings with it an opportunity to review, reflect and….reset? The infrastructure sector has been subject to significant and unpredictable pressures in the last five years which has meant that contracts that were once fit for purpose are no longer responding to risks appropriately. ...
Proposed changes to the security of payment regime in Victoria: watch this space
Significant reforms are being considered to the Building and Construction Industry Security of Payment Act 2002 (Vic) reflecting the practice in other Australian jurisdictions. ...
Allens advises lenders on signing of BCI Minerals' $981m financing for the Mardie Project
The syndicate of lenders includes the Northern Australia Infrastructure Facility (NAIF), Export Finance Australia (EFA), Export Development Canada (EDC), Westpac Banking Corporation and Industrial ...
In Touch: Honda hits a speed bump: penalised $6 million for misleading or deceptive conduct and other developments
The latest issues, decisions and proposed changes impacting business and workplace risk. ...
Allens advises on financing of the Nyaal Banyul Geelong Convention and Event Centre precinct development
The Nyaal Banyul Geelong Convention and Event Centre will transform the Geelong waterfront through the development of convention and exhibition space, a 200-room Crowne Plaza hotel and mixed-use ...
Allens advises financiers for Canberra's Light Rail Stage 2A
Stage 2A City to Commonwealth Park, an augmentation of the existing public private partnership transaction, will extend the light rail network by 1.7 kilometres, with three new stops at Edinburgh ...
FIRB fee changes aimed at increasing affordable housing supply
On 10 December 2023, the Federal Government announced changes to the Foreign Investment Review Board residential land fee rules, designed to 'improve housing affordability and supply'. ...
In Touch: no criminal conduct found in Australia's first competition law matter heard by a jury; and other developments
Country Care criminal cartel conduct case; Mosaic; Honeysuckle Health and nib; Jump swim; and Salesforce Slack merger. ...