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…
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…
In addition to the concerns for our health, families and in our personal lives, COVID-19 has also created an atmosphere of uncertainty for many business owners. To manage and mitigate the business impact of COVID-19, you must be aware of your contractual rights and your legal obligations to make smart business decisions to minimise your…
Many business partners start because they share a compelling vision which they hope to turn into a successful venture. But, regardless of how well business partners know each other, conflict is common. Nothings lasts forever. Whether a venture flourishes or turns out not to be as rewarding, the reality of changing views on strategy, implementation…
When buying a business in Australia, it is imperative that you obtain legal advice from a commercial lawyer who will review the transaction and conduct due diligence. Due diligence is an essential process that can help to minimise your risks and save you a lot of money. It is a process which is typically used…
How are E-commerce businesses affected by the Australian Consumer Law? The rapid growth of e-commerce has provided for widespread benefits for both the customers in the form of more competitive pricing as well as the entrepreneur behind the business by giving them access to a much larger pool of international customers. But, it is essential…
How to legally protect e-commerce and online businesses? Operating an e-commerce or online business can allow for massive scalability and growth, but it can also bring with it a raft of complex and risky legal issues. Managing a business online allows the world to access your products and services. To reap the rewards that the…
