Arbitration On The Rise In Australia: ACICA Reflects On A Decade Of Growth

The Australian Centre for International Commercial Arbitration (ACICA) has released its report: 'Reflections on the Last Decade of Activity at ACICA', in celebration of 10 years since significant legislative reforms were made to increase the efficiency and effectiveness of arbitration in Australia. The report coincided with the 10^th anniversary of the annual Australian Arbitration week and provides key statistics on the growth of the Australian arbitration sector between 2011 and 2021.

Key numbers

The report highlights the following headline statistics:

• ACICA has been involved in arbitrations concerning $24 billion over the last 10 years;
• Of the $24 billion claimed in ACICA administered cases, energy and resources disputes accounted for $18.8 billion, with construction and infrastructure disputes following at almost $4 billion;