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 Sort descending Organization
Aug
15
2023
Australia: Consultation Opens for Proposed Review of Managed Investment Schemes K&L Gates
Jul
12
2022
Australia: Crypto Downturn and Its Regulation K&L Gates
Aug
1
2022
Australia: DDO Implementation and Enforcement K&L Gates
Jun
7
2023
Australia: Expanding AML Requirements for Digital Currency Exchanges K&L Gates
Oct
5
2014
Australia: Fair Work Inspectors Can Now Check For Immigration Compliance Greenberg Traurig, LLP
Apr
12
2024
Australia: Federal Court Rules on Greenwashing Civil Penalty Action K&L Gates
Aug
1
2023
Australia: Financial Accountability Regime: Not that Far Away K&L Gates
Mar
10
2023
AUSTRALIA: Further Details of Proposed Review of Managed Investment Schemes Announced K&L Gates
Mar
8
2023
Australia: Greenwashing Crackdown – Asic Sues Superannuation Giant in Landmark Case K&L Gates
Feb
7
2024
Australia: How Financial Services Entities Can Better Respond to the Needs of First Nations Consumers K&L Gates
Apr
4
2024
Australia: Inquiry into the Wholesale Investor and Wholesale Client Tests K&L Gates
Feb
16
2024
Australia: Internal Dispute Resolution (IDR) Reporting Due for Financial Services Licensees K&L Gates
Mar
26
2024
Australia: Labelling Responsible Investment Products K&L Gates
Oct
16
2023
Australia: Licensing Comes to the Crypto Industry K&L Gates
Oct
11
2023
Australia: Mandatory Climate Disclosure – October Update K&L Gates
Jun
30
2023
Australia: Mandatory Climate Disclosures Framework Takes Shape with Release of New Consultation Paper and ISSB Standards K&L Gates
Oct
30
2023
Australia: Mandatory Climate Reporting – The Draft Australian Standards Are Here! K&L Gates
Jun
16
2022
Australia: New Greenwashing Guidance K&L Gates
Apr
24
2023
Australia: Ongoing Regulatory Requirements for Issuers Under the Trans-Tasman Mutual Recognition Scheme K&L Gates
Jun
19
2023
Australia: Payments Reform – Generational Change Coming K&L Gates
May
19
2023
Australia: Preparing for The Extension of The Superannuation Performance Test to Trustee-Directed Products K&L Gates
Jan
13
2015
Australia: Proposal for New Short-Term Skilled Visa Greenberg Traurig, LLP
Dec
15
2023
Australia: Proposed Licensing Exemptions for Foreign Financial Services Providers (FFSPs) Before Parliament K&L Gates
May
29
2023
Australia: Proposed Reforms To The Anti-Money Laundering And Counter-Terrorism Financing Regime K&L Gates
Nov
20
2023
Australia: Quality of Advice (QAR) Recommendations Partly Addressed K&L Gates
Feb
20
2023
Australia: Quality of Advice Report to Be Stress Tested K&L Gates
Jun
16
2023
Australia: Regulating AI – Emerging Issues K&L Gates
Jul
18
2023
Australia: Regulation For ESG Ratings Agencies Gathers Pace K&L Gates
Oct
24
2022
Australia: Regulatory Update - 24 October 2022 K&L Gates
Oct
10
2022
Australia: Regulatory Update – 10 October 2022 K&L Gates
Oct
17
2022
Australia: Regulatory Update – 17 October 2022 K&L Gates
Feb
1
2023
Australia: Superannuation Trustees Urged to Improve Member Engagement K&L Gates
Aug
28
2023
Australia: The Reserve Bank’s Central Bank Digital Currency Trial K&L Gates
Feb
16
2023
Australia: Treasury Releases Token Mapping Consultation Paper K&L Gates
Jul
20
2016
Australia: Update on Patentability of Diagnostic Claims (Part 1) Michael Best & Friedrich LLP
 

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