Ad Valorem Duty: Appropriate Company Valuation [2018] HCA 59
In the Commissioner of State Revenue v Placer Dome Inc (now an amalgamated entity named Barrick Gold Corporation) [2018] HCA 59, the High Court of Australia unanimously upheld the Commissioner of State Revenue’s (‘the Commissioner’) assessment that the Barrick Gold Corporation (‘Barrick’) was liable to pay the ad valorem duty arising from its acquisition of Placer Dome Inc (‘Placer’).
Tasmanian Electricity Supply Bill Receives Assent
After having been introduced to Tasmania Parliament’s House of Assembly on 22 May 2018 by the Hon Peter Gutwein MP, the Electricity Supply Industry Amendment (Price Cap) Bill 2018 (Tas) passed Tasmania’s Legislative Council on 1 November 2018 and was enacted as the Electricity Supply Industry Amendment (Price Cap) Act 2018 (Act 24 of 2018) on 16 November 2018, commencing on the same day.
The Republic of Nauru v WET040 [No 2] [2018] HCA 60: High Court Allows Appeal
On 5 December 2018, the High Court of Australia (“High Court”) unanimously allowed an appeal from a decision of the Supreme Court of Nauru, holding that the Refugee Status Review Tribunal ("Tribunal") had not erred in dismissing the respondent's application to be recognised as a refugee or as person owed complementary protection by the Republic of Nauru under the Refugees Convention Act 2012 (Nr).
WA Amends Laws to Further Enhance Electronic Operation of Land Titles Register
The Transfer of Land Amendment Bill 2018 (the Bill) was introduced into the Western Australian (WA) Parliament on 21 November 2018 by the Minister for Planning, Ms R. Saffioti.
ACCC Announces Court Action Over Alleged Misleading Conduct from TPG
The Australian Competition and Consumer Commission (“ACCC”) has announced in a Media Release that they have commenced proceedings in the Federal Court of Australia against TPG Internet Pty Ltd (“TPG”) , alleging that TPG have been "engaging in misleading conduct concerning a $20 “prepayment” made by consumers, and including unfair prepayment contract terms in some of their ADSL2+ and NBN plans."
NSW Introduces Workers Compensation Legislation Amendment (Firefighters) Act 2018
The Workers Compensation Legislation Amendment (Firefighters) Act 2018 (NSW) (‘the Act’) was passed by both houses of the NSW Parliament on 22 November 2018 and was assented on November 28 as Act 93 of 2018. The Act amends certain legislation to establish presumptive rights to workers compensation for firefighters in certain situations.
Draft IP Regulations Released As Part Of Response To The Productivity Commission Inquiry
Following the release of the exposure draft of the Intellectual Property Laws Amendment (Productivity Commission Response Part 2 and Other Measures) Bill 2018 (CTH) (‘the Bill’), IP Australia has released the exposure draft of the Intellectual Property Laws Amendment (Productivity Commission Response Part 2 and Other Measures) Regulations 2018 (CTH) (‘the Regulations’) for public comment.
South Australian Bill to Tighten Liquor Laws
On 5 September 2018, the South Australian Attorney-General (the Hon VA Chapman) introduced the Summary Offences (Liquor Offences) Amendment Bill 2018 (the Bill) into the SA Parliament. A version of the Bill that was introduced by the former Government lapsed before the last election - (the Summary Offences (Liquor Offences) Amendment Bill 2017). The former Bill had broader powers for the search of vehicles in specific areas which are not included in the current Bill.
ACCC Announces Inquiry into Electricity Supply in the National Electricity Market
On 21 November 2018, the Australian Competition and Consumer Commission (ACCC) announced that they would be commencing an inquiry into the supply of electricity in the National Electricity Market. A discussion paper has been released for consultation as to how this inquiry will be undertaken.
National Integrity Commission Bill Introduced to Federal Parliament
The National Integrity Commission Bill 2018 (Cth) (the “Bill”) was introduced to the House of Representatives on 26 November 2018, by Independent Member for Indi, Cathy McGowan MP.
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