Our experienced lawyers share their unique perspectives on the latest market news and trends. Moulis Legal and our lawyers are highly ranked by respected peer review agencies Chambers & Partners, Who’s Who Legal and Best Lawyers. Our recognitions include consistent Band 1 recognition by Chambers & Partners Asia Pacific, and as one of Australia’s top 20 law firms (Chambers & Partners, 2015).
Over half of Australian businesses are doing business overseas through trade, investment and cross-border transactions. The world has become much smaller and closer, and Australian businesses are now fully integrated as part of the greater Asian market.
Australia has approximately 6,500 retail service stations, with the majority branded as one of the major oil companies, such as BP, Caltex, Mobil or Shell. However, a relatively small number of sites are actually owned or operated by these major companies.
In what is the biggest shake up of competition law in Australia for many years, the Australian Government has announced that it will amend the legal test to determine whether a business has misused its market power. If the proposed changes are passed, the scope of activities constituting a misuse of market power will be significantly broadened.
Australia’s exports to the Islamic Republic of Iran were, at one time, valued at over AUD 1 billion and covered a range of industrial and consumer goods and services. After years of nuclear based sanctions, Australia’s total trade and investment with Iran is valued at less than AUD 300 million and is limited to wheat and related products.
Canberra’s ambition to be the “coolest little capital” depends on bringing variety and vibrancy into its urban environments. Mixed use developments are on the up. Residential owners are being injected into adaptively re-used commercial precincts, and vice versa.
Australia’s downstream petroleum industry is continuing its evolution into a complex commercial environment that combines sophisticated multinationals, emerging national fuel businesses and local goods and service providers.
Australia’s free trade agreement with China, the highly debated Trans-Pacific Partnership Agreement and Australia’s recent dispute with big tobacco in Singapore have drawn public and political attention to Investor State Dispute Settlement, or ISDS. Characterisations of ISDS have included it being an attack on democracy, a threat to national sovereignty or a panacea that protects all international investment.
After a year of uncertainty, the High Court’s decision in CFMEU v Director, Fair Work Building Industry Inspectorate & Anor (“the CFMEU case”) has restored and validated the long held practice in regulatory matters for parties to agree on a civil penalty to submit for approval by the Court.
The NSW Land and Environment Court has handed down a decision with significant implications for directors and managers of companies that operate environmentally sensitive businesses, such as service stations, petroleum storage facilities and depots.
On 1 December 2015, the Liquid Fuel Supply (Ethanol and Other Biofuels Mandate) Amendment Act 2015 was passed by the Queensland Parliament (“the Ethanol Mandate Act”). The Ethanol Mandate Act imposes a biobased petrol and diesel mandate to commence on 1 January 2017.