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Monthly Archives

December 2024

Changes to the Foreign Resident Capital Gains Withholding Regime Property & Projects
17 December, 2024

Changes to the Foreign Resident Capital Gains Withholding Regime

Changes to the foreign resident capital gains withholding (FRCGW) regime are effective on and from 1 January 2025. All parties to a real property transaction in Australia must ensure timely compliance with the changes. Application The changes apply to all acquisitions occurring on or after 1 January 2025. An acquisition…
A reminder – what does using “reasonable endeavours” really mean? Commercial
12 December, 2024

A reminder – what does using “reasonable endeavours” really mean?

A promisor in an agreement is often required to use “reasonable endeavours” to comply with an obligation, but what does that term really mean? The key principles in Electricity Generation Corporation v Woodside Energy Ltd HCA 7 remain relevant Electricity Generation Corporation v Woodside Energy Ltd HCA 7 remains the…
December Newsletter – Trends in contract drafting – pandemics and ports Vincent YoungVY Newsletter
6 December, 2024

December Newsletter – Trends in contract drafting – pandemics and ports

DECEMBER UPDATE   Trends in contract drafting - pandemics and ports It is interesting to meet people in other fields and discuss their perspectives on the economy and the world. I recently met a renowned virologist and discussed the risk of another pandemic. This topic interests me as I have…