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There is an extension to the reporting deadlines for entities that need to comply with the Modern Slavery Act 2018.

The monetary screening thresholds for all foreign investments (land, shares or businesses) have been reduced to $0.

The Report is a reminder of the essential contribution of foreign investment to Australian economic growth and prosperity.

The New South Wales Government has released a comprehensive policy framework for data centre investment, establishing six core principles that developments must address while promising streamlined planning approvals. The framework introduces significant new compliance obligations around energy procurement, cost recovery contributions, and demand flexibility, including a $200,000/MW Major Network Upgrade Fee and requirements for renewable energy agreements with minimum 40% wind component.

This Bill creates new rights in relation to breaches of the Commonwealth Procurement Rules by Commonwealth entities.

In recent case leave was granted for administrators to sell assets in which third parties claimed ownership or security interests.

Where there is a potential for a conflict of interest, it is prudent to seek approval of the appointment from the court.

This article considers a liquidator's application for a warrant to search for and seize property, books and records.

Insolvency practitioners should be aware that creditors may also request access to documents produced for an examination.

This week's TGIF considers when a special purpose liquidator might be appointed to investigate 'not viable' claims.

These proposed changes aim to encourage entrepreneurship and remove barriers for start-ups, while protecting creditors.

New Cth regulations provide for a range of contracts to be excluded from the stay on the exercise of "ipso facto" provisions.

The Court refused to validate resolutions for liquidators' remuneration when creditors were given inadequate information.

Considers recent contract dispute where company was found insolvent despite its subsequent survival.

The liquidators applied to be appointed as administrators of Diploma company and to put a DOCA proposal to creditors.

Administrators sought directions as to whether they hold a lien over consignor property to secure an alleged levy.

As long as proceedings are instituted for bona fide relief claimed and are not doomed then there is no abuse of process.