An applicant for a mining lease, other than the state applicant, must provide proof of readily available funds in its operating bank account of no less than 50% of the total projected capital costs upon lodgement of the application, as
Allens
Allens is an international top-tier commercial law firm with offices offices throughout Australia and Asia. Allens is an independent partnership operating in alliance with Linklaters LLP. The firm boasts some of the world's longest ongoing client relationships, stretching back more than 170 years.
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https://www.allens.com.au/
Latest from Allens - Page 2
(WIP) How the ACCC will assess mergers under the new regime
By Allens
Draft assessment guidelines open for consultation
5 min read
The ACCC has released its draft merger assessment guidelines (Draft Guidelines) for consultation, offering a preview of how it plans to assess mergers under the new mandatory regime (which comes into…
Automotive sector outlook: what's driving recent trends
By Allens
Regulation and scrutiny set to intensify
11 min read
Whether it be consumer guarantees or vehicle emissions, the automotive sector continues to be highly regulated, and the target of scrutiny from regulators and private litigants alike. In this Insight, we…
Another tranche of proposed financial advice changes lands
By Allens
The QAR recommended that superannuation fund trustees should be able to provide personal advice to their members about their interests in the fund, taking into account the member’s personal circumstances, including their family situation and social security entitlements if that…
Shareholder activism: reflections on the current, and future, landscape
By Allens
Campaigns keep evolving, with more high stakes ahead
11 min read
Last year was another big one for shareholder activists globally, with investor sentiment in 2024 taking its cues from disruption across the broader economic and geopolitical landscape. Closer to…
Security of payment: preventing enforcement of adjudicated amounts to contractors in precarious financial positions
By Allens
Stays granted even if contractors are not insolvent
6 min read
The Queensland Supreme Court has granted a stay preventing enforcement of a judgment debt obtained by a contractor in reliance upon an adjudication decision pursuant to the Building Industry…
(WIP) High Court says no to travelling Group Costs Orders
By Allens
Impact on class action landscape: Victoria’s magnet effect
7 min read
In the first of a string of upcoming decisions about the class action landscape, the High Court of Australia handed down judgment in Bogan v Smedley on 12 March…
High Court rules on Commonwealth liability for native title acquisitions in the NT
By Allens
Commonwealth exposed to compensation claims for pre-1975 native title extinguishments
3 min read
The High Court has recently ruled, in Commonwealth of Australia v Yunupingu (on behalf of the Gumatj Clan or Estate Group) & Ors,1 that any actions…
Recent developments in foreign investment (FIRB) regulation
By Allens
What you need to know
13 min read
The Federal Government’s recent changes to foreign investment policies released on 14 March 2025 introduce significant modifications.
In this Insight, we:
- examine the Government’s latest foreign investment policy changes in respect of
…
ASIC commences proceedings against FIIG for cybersecurity failures
By Allens
Failing to protect against cybersecurity risks
6 min read
ASIC has announced it has commenced civil penalty proceedings against FIIG Securities Limited (FIIG) for allegedly failing over four years to protect itself and its clients from cybersecurity risks. Specifically, ASIC…