Traditionally it has been perceived that a lack of familiarity by foreign investors with the trust based structure of Australian managed investment schemes has been a significant barrier to attracting offshore investment in Australian funds. To combat this, from 1...
Major Reforms to Foreign Investment and Security Laws now in Force
Australia introduced the Foreign Acquisitions and Takeovers Act 1975 (Cth) to regulate the acquisition of land and assets in Australia, by foreign persons or entities. It imposed reporting obligations on foreign persons and entities engaging in transactions, and...
New QLD Stamp Duty Charge for Foreign Buyers
Developers and foreign investors should be aware that in Queensland from 1 October 2016, there will be a 3% stamp duty surcharge on foreign buyers for the acquisition of residential property, under the Duties Act 2001. This will be known as Additional Foreign Acquirer...
Joint Conference – Australia & Taiwan
As published in CK Momentum Issue 8 (Click here to download) CK recently sponsored the 29th Joint Conference of the Australia-Taiwan Business Council and its Taiwan counterpart, the Republic of China-Australia Business Council, held in Darwin on 3 and 4 September...
Due Diligence for Foreign Investors in Rural Assets
As published in CK Momentum Issue 8 (Click here to download) To avoid the risk of replicating many of the mistakes the Japanese made in their acquisitions of property in Australia in the 1980s and 1990s,prospective foreign investors in Australian rural assets should...
The China-Australia FTA: What Does it Mean For Us?
As published in CK Momentum Issue 5 (Click here to download) It took a decade of negotiations spanning three governments, but in late 2014, Australia and China finally concluded a Free Trade Agreement ("FTA"). Corporate & Commercial Lawyer, Sam Bassingthwaighte,...
UPDATE: The China-Australia Free Trade
As published in CK Momentum Issue 6 (Click here to download) In our previous issue, we broadly addressed the China-Australia Free Trade Agreement (“ChAFTA”). For Australia, the winners are the dairy, mining and services sectors which will benefit from the eventual...
UPDATE: The China-Australia Free Trade
As published in CK Momentum Issue 6 (Click here to download) In our previous issue, we broadly addressed the China-Australia Free Trade Agreement (“ChAFTA”). For Australia, the winners are the dairy, mining and services sectors which will benefit from the eventual...
The China-Australia FTA: What Does it Mean For Us?
As published in CK Momentum Issue 5 (Click here to download) It took a decade of negotiations spanning three governments, but in late 2014, Australia and China finally concluded a Free Trade Agreement ("FTA"). Corporate & Commercial Lawyer, Sam Bassingthwaighte,...
Australia Taiwan Business Excellence Award
As published in CK Momentum Issue 4 (Click here to download) In November 2014, ClarkeKann was honoured to receive the Australia-Taiwan Business Excellence Award conferred by the Australia and New Zealand Chamber of Commerce in Taiwan. The Award was in...
Australia-Taiwan Business Council
As published in CK Momentum Issue 2 (Click here to download) In April 2014, Managing Partner John Toigo hosted a boardroom lunch on behalf of the Australia Taiwan Business Council (ATBC) for Brisbane’s Lord Mayor, Graham Quirk, Taiwan business leaders and members of...
Iron Bridge Joint Venture
As published in CK Momentum Issue 1 (Click here to download) In October 2013, the Formosa Plastics Group of Taiwan and Fortescue Metals Group Limited established the Iron Bridge Joint Venture to develop the FMG Iron Bridge Iron Ore Project, a 5.2 billion tonne...