On Wednesday the 10th of April, Federal Treasurer Dr Jim Chalmers MP announced changes to Australian merger regulation. At the Bannerman Competition Lecture, co-hosted by the Australian Competition and Consumer Commission (ACCC) and Business Law Section of the Law Council of Australia, Chalmers reinforced the need for greater transparency and increase to the ACCC’s remit.… Continue reading Reform of Merger Regulations
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Capacity Investment Scheme South Australia-Victoria tender open
19 December 2023 On Monday 18 December, the Capacity Investment Scheme South Australia-Victoria tender opened for bids. This follows the announcement on 23 November of the expansion of the Capacity Investment Scheme to target a total of 32 GW of new capacity nationally to be rolled out from 2024 to 2027. The tender is seeking… Continue reading Capacity Investment Scheme South Australia-Victoria tender open
Migration Strategy
On the 11th of December 2023, the Minister for Home Affairs, Clare O’Neil released Australia’s Migration Strategy, available here. The strategy is underpinned by five core objectives: A roadmap comprising 8 key actions has been developed to achieve the five core objectives. Commitments include: The Government has highlighted two priorities for future reform: Commitments include:… Continue reading Migration Strategy
The First Miles Government
On the 9th of December, Premier Annastacia Palaszczuk announced her resignation as the Premier of Queensland and Member for Inala. Palaszczuk leaves office as Australia’s longest-serving female Premier. On 15th December, following the Parliamentary Labor Caucus meeting, the Hon. Steven Miles MP was elected as the 40th Premier of Queensland. The Miles Government has identified… Continue reading The First Miles Government
Mid-Year Economic and Fiscal Outlook (23-24)
On 13th December 2023, Treasurer Jim Chalmers and Finance Minister Katy Gallagher released the Albanese Government’s mid-year budget update. The complete MYEFO budget document can be accessed here. The mid-year update illustrates: The underlying cash balance is forecast to be a smaller deficit of $1.1 billion in 2023-24. Over the five years to 2026-27, the… Continue reading Mid-Year Economic and Fiscal Outlook (23-24)