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
Jun
7
2023
DDTC Extends Open General Licenses for the UK, Canada, and Australia: 3 Takeaways Blank Rome LLP
Jun
7
2023
Australia: Expanding AML Requirements for Digital Currency Exchanges K&L Gates
Jun
2
2023
Honey, I Lost the Trade Mark: Manuka Honey Declared Not Exclusive to New Zealand K&L Gates
Jun
1
2023
Fair Work Act Changes - Important Changes Approaching K&L Gates
May
30
2023
(Australia) Post Administration R&D Tax Offsets Deemed Personal Property in Account Squire Patton Boggs (US) LLP
May
29
2023
Australia: Proposed Reforms To The Anti-Money Laundering And Counter-Terrorism Financing Regime K&L Gates
May
29
2023
Australia's Modern Slavery Act - A 'Stroll to Slightly Higher Ground' Rather Than A 'Race To The Top'? The Final Report of the Modern Slavery Act Review Weighs In K&L Gates
May
24
2023
Abolition of Duty on Commercial and Industrial Properties in Victoria K&L Gates
May
23
2023
Global Office Asset Trends: A Look at 2023 and Beyond K&L Gates
May
19
2023
Australia: Preparing for The Extension of The Superannuation Performance Test to Trustee-Directed Products K&L Gates
May
18
2023
Full Federal Court Takes ‘New Aim’ at Experts: Appeal Decision Handed Down in New Aim Pty Ltd v Leung [2023] FCAFC 67 K&L Gates
May
17
2023
AUSTRALIA: ASIC Releases Report on Recent Greenwashing Actions K&L Gates
May
15
2023
Upcoming/New CFIUS Filing: Lightning-A Limited and Livent Corporation; Allkem Limited Squire Patton Boggs (US) LLP
May
15
2023
Australia: ASIC Revises Its IDR Reporting Framework. Are You Ready? K&L Gates
May
9
2023
Australian Federal Budget 2023-2024 - Key Tax Measures and Instant Insights K&L Gates
May
8
2023
Australia: ASIC Reports on DDO Compliance by Investment Product Issuers K&L Gates
May
8
2023
The One That Got Away: Popstar Katy Perry Outperformed by Australian Dark Horse in Longstanding David and Goliath Trade Mark Dispute in Australia K&L Gates
May
3
2023
Australia: Why You Should (Or Shouldn’t) Use a CCIV K&L Gates
May
2
2023
Privacy Awareness Week Part II- Get in The Know and Get Privacy Right K&L Gates
May
1
2023
Privacy Awareness Week Part I- The State of Play K&L Gates
Apr
27
2023
Proposed Cyber Ransom Bans Predicted to Cause Catastrophic Damage K&L Gates
Apr
26
2023
Optus Faces the Mother-Of-All Data Breach Class Actions K&L Gates
Apr
24
2023
Australia: Ongoing Regulatory Requirements for Issuers Under the Trans-Tasman Mutual Recognition Scheme K&L Gates
Apr
21
2023
Banks and Hackers: Security Amongst Entities K&L Gates
Apr
4
2023
Psychosocial hazards and poor organisational justice – necessary protection or a step too far for employers? (Australia) Squire Patton Boggs (US) LLP
Apr
3
2023
Australia’s External Administrators Afforded Significant Latitude under IPS 90-15 Squire Patton Boggs (US) LLP
Apr
3
2023
Pricing and Selling of Essential Services, Greenwashing, Unfair Contract Terms, Among the ACCC's 2023-24 Compliance and Enforcement Priorities K&L Gates
Mar
31
2023
Federal Government Proposes More Fair Work Act Changes K&L Gates
Mar
31
2023
Queensland Announces Tax Breaks to Drive Investment in Affordable Housing K&L Gates
Mar
29
2023
Pricing and Selling of Essential Services, Greenwashing, Unfair Contract Terms, Among the ACCC's 2023-2024 Compliance and Enforcement Priorities K&L Gates
Mar
28
2023
Registered Scheme and CCIV Compliance: Obligation to Give Notice of Members’ Rights K&L Gates
Mar
27
2023
Legislative Corrosion of Time Bars in Construction Contracts K&L Gates
Mar
20
2023
Australia and India’s Education Framework – What It Means for Stakeholders Nishith Desai Associates
Mar
20
2023
High Court Smooths Out Wrinkles in Full Federal Court’s Protox Decision K&L Gates
Mar
17
2023
Pubs, Contracts and COVID-19: The High Court’s Decision in Laundy v Dyco K&L Gates
 

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