Australia

Australia, which is officially known as the Commonwealth of Australia is comprised of the Australian mainland, Tasmania, and smaller surrounding islands. It’s the sixth-largest country in the world by area.

The area is comprised of six colonies and several smaller territories. The six states are: New Wales, Tasmania, Western Victoria, South Australia, Queensland, and Western Australia. The country has the 13th largest economy in the world, and is ranked 2nd in the Human Development Index. Australia is a member of NATO, G20, ANZUS, Commonwealth of Nations, Organization for Economic Co-operation and development (OECD), the WTO, and the Pacific Islands Forum.

Australia maintains a liberal-democratic political system functioning as a parliamentary under the monarch. Queen Elizabeth II serves as the Queen of Australia, and is represented in the country by a Governor-general. The government is split into the three branches (Judicial, executive, legislative), working alongside the House of Representatives and the Senate.

With a population of 25 million, the country is highly urbanized. Immigration is extremely high with nearly 26% of the total population in the country, coming from foreign countries. Foreign relations in the country are strongly driven under ANZUS pact with the US, and through ASEAN and the Pacific Islands Forum, in an effort to build relations with Asia and the Pacific. The country is a party to the Five Powers Defence Arrangements (Singapore, UK, New Zealand, and Malaysia); the country also has free trade relations with the US and agreements are being negotiated with China.

Australia is a wealthy country generating income from telecommunications, mining-exports, manufacturing, and banking. The  Australian Securities Exchange is the ninth largest exchange market in the world. In 2017, the Index of Economic Freedom ranked the country as the 12th largest economy in the world, and sixth highest per-capita GDP.

The National Law Review covers new, stories, and US-Australian relations online. Visitors can read about banking developments, data and security protection cases, the use of digital currency (ICO and cryptocurrencies), and other topics are covered about the country online. Visitors can also read about foreign relations, trading agreements, treaties, and other stories in the international realm, as they relate to Australia.

Custom text Title Organization
Nov
22
2023
Global Regulatory Update for November 2023 Bergeson & Campbell, P.C.
Nov
22
2023
November 2023 ESG Policy Update – Australia K&L Gates
Nov
20
2023
Australia: Quality of Advice (QAR) Recommendations Partly Addressed K&L Gates
Nov
15
2023
Australian Privacy Regulator Sues in Data Breach Case Hunton Andrews Kurth
Nov
15
2023
ESG Labelling on The Cards for Global Regulation K&L Gates
Nov
13
2023
A Statutory Tort for Serious Invasions of Privacy? K&L Gates
Nov
10
2023
Expanded Unfair Contract Terms Regime Has Commenced - Are You Compliant? K&L Gates
Nov
7
2023
Implementation Date Announced for Permanent Residence Pathway Expansion Berry Appleman & Leiden
Nov
7
2023
Australian Government Seeks Input on Implementation of Carbon Credit Scheme Cadwalader, Wickersham & Taft LLP
Nov
3
2023
Australia: ASIC Releases Second Report on Reportable Situations Regime K&L Gates
Oct
30
2023
EU Institutions to Vote on Greenwashing Ban Cadwalader, Wickersham & Taft LLP
Oct
30
2023
Australia: Mandatory Climate Reporting – The Draft Australian Standards Are Here! K&L Gates
Oct
27
2023
ESG Policy Update-Australia K&L Gates
Oct
26
2023
Is 'Freedom-Washing' the New Greenwashing, and What Are Its Legal Consequences? K&L Gates
Oct
26
2023
The Property Law Act 2023 Introduces Major Reforms K&L Gates
Oct
19
2023
Australia: ASIC Extends Transitional Relief For Foreign Financial Service Providers From Holding An AFSL K&L Gates
Oct
17
2023
All or Nothing – FTC Intends to Hold Sellers Accountable for Cherry Picking and Manipulating Consumer Reviews ArentFox Schiff LLP
Oct
16
2023
Australia: Licensing Comes to the Crypto Industry K&L Gates
Oct
13
2023
Australia’s Privacy Framework Set to be Revamped Following the Government’s Response to the Privacy Act Review Report K&L Gates
Oct
11
2023
Australia: Mandatory Climate Disclosure – October Update K&L Gates
Oct
9
2023
Advanced Air Mobility: Busy Skies Ahead K&L Gates
Oct
9
2023
Levelling the Playing Field: Prohibiting Unfair Contract Terms in Australia Squire Patton Boggs (US) LLP
Oct
3
2023
BTR Series Part 10: BTR and Investment Structuring—What Do Investors Need to Know Now? K&L Gates
Oct
3
2023
WA Regulation of Performance Security in Contracts K&L Gates
Sep
28
2023
JORC Code Update K&L Gates
Sep
26
2023
In Starch Contrast: Australian Patent Office Makes Key Finding on Use of Trade Marks in Patent Specifications K&L Gates
Sep
25
2023
Australia Regulator Initiates Greenwashing Suit Against Active Super Over ESG Investing Claims Cadwalader, Wickersham & Taft LLP
Sep
21
2023
Global Regulatory Update for September 2023 Bergeson & Campbell, P.C.
Sep
21
2023
Some "Serious" Developments in Defamation Law K&L Gates
Sep
19
2023
BTR Series Part 9—Navigating the Need for Foreign Investment Approval K&L Gates
Sep
19
2023
ESG Policy Update–Australia September 19, 2023 K&L Gates
Sep
12
2023
BTR Series Part 8: BTR And Sustainability—An Opportunity to Drive Decarbonisation in the Built Environment K&L Gates
Sep
11
2023
More Than Just Loopholes: Significant Changes Proposed Under the Federal Government's Third Tranche of Labour Law Reforms K&L Gates
Sep
6
2023
"You Promised Not to Say That!"─Non-Disparagement Clauses in Settlement Agreements K&L Gates
Sep
5
2023
BTR Series Part 7: Residential Sector--Impacts on the Home Ownership Market and Other Sectors Such as Retirement Living K&L Gates
 

NLR Logo

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins

 

Sign Up for e-NewsBulletins