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We are delighted to launch our new #FDIFriday podcast series, bringing together experts from our Global Foreign Investment Regulation Group to discuss the rapidly-evolving FDI regulatory landscape in accessible, digestible podcast episodes. Decision-making by FDI agencies tends to be characterised by a lack of transparency, with typically very limited information made publicly available in respect … Read more
On Monday 4 September 2023, the Federal Government tabled in the House of Representatives its latest raft of industrial relations reforms through the Fair Work Legislation Amendment (Closing Loopholes) Bill 2023 (Cth). This Bill is significant, running to 278 pages and covering 28 distinct parts. It proposes reforms that will have a substantial impact on … Read more
The Minister for Climate Change and Energy announced this week he is seeking public feedback on a proposed new declared area for offshore wind and other renewable projects in the Pacific Ocean, off the Illawarra in New South Wales. Read more
The Minister of Trade, Industry and Competition (MTIC) on Wednesday 24 May 2023 published the Energy Users Block Exemption and Energy Supplier Block Exemption. Read more
The Australian Department of Climate Change, Energy, the Environment and Water (DCCEEW) announced yesterday that it is seeking public feedback on the possible effects of renewable energy projects off the NSW Hunter coast. This announcement follows last year’s declaration of part of Bass Strait off Victoria’s Gippsland coast as Australia’s first offshore renewable energy infrastructure … Read more
Background In the Autumn Statement, the government announced that it would introduce a tax on the extraordinary returns of electricity generators and published a technical note (here). HM Treasury has now published further details regarding the operation of the Electricity Generator Levy, including a revised technical note (here) and draft legislation (here). Read more
Day 3- “Finance Day” Wednesday 9 November of COP 27 in Sharm El-Sheikh, Egypt was designated as “finance day”. The day was aimed at making progress on financial action to secure the objectives of the Paris Agreement (2015) and the Glasgow Climate Pact (2021). As defined by the United Nations Framework Convention on Climate Change … Read more
During the second week of October, a historic agreement was agreed in principle between the Republic of Lebanon and the State of Israel over a maritime border dispute that had erupted more than a decade ago between the two countries. The agreement, which was brokered by the United States of America given the absence of … Read more
With firms and households facing surging costs, we explore how the Government could tackle the deepening energy emergency. On 26 August 2022 the UK energy regulator Ofgem announced an 80% jump in the Q4 2022 consumer energy price cap, and new predictions were made for 2023 showing a spike of over 235% from current levels. … Read more