202011.23
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Due Diligence Tips in Australian M&A Deals

Summary Australia has some unique due diligence practices for M&A transactions which are different from the usual practices in China. The strength of certain national and state based laws together with robust government registries concerning corporations, security interests, real property and intellectual property allow an acquiring entity to have greater certainty when carrying out legal…

202011.23
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Directors Duties in Australia

Summary The Australian Corporations Act 2001 (Cth) imposes numerous obligations on directors which can expose them to significant liabilities for a breach of their duties. Below is a high-level summary of duties of directors of Australian companies and consequence of breaching those duties. General Duties of Directors Duties of care and diligence – A director…

202011.16
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Overview of Chinese Investment in Australia’s Healthcare

Summary  Chinese investment in Australia in recent years has mainly focused on healthcare, food and agriculture, and advanced technology, in which sectors Chinese outbound investment are expressly encouraged by the Chinese government as opposed to real estate and entertainment. Following the launch of the ‘Healthy China 2030’ plan by President Xi Jinping in 2016, the…

202011.02
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Proposed Changes to Australia’s Foreign Investment Law

Summary On 29 March 2020, the Foreign Investment Review Board (FIRB) thresholds were temporarily reduced to $0. On 18 September 2020, the Treasury introduced a draft of proposed changes, including: The previous monetary screening thresholds are proposed to be reinstated Passive investment funds with multiple foreign government investors may not be considered as foreign government…

201607.15
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Investment in Residential Property in QLD

Our nationally recognised property lawyers can advise and assist investors on the purchase of residential property in Queensland. The procedure for property conveyancing in Queensland differs significantly to that in NSW. Our experienced property lawyers can assist in all relevant steps, including: Due Diligence There are a number of factors that affect the due diligence…