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
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
Sep
1
2023
Another Review of Franchising Code Announced K&L Gates
Aug
29
2023
BTR Series Part 6: Residential Tenancy Benefits - What Are the Benefits to Occupants? K&L Gates
Aug
28
2023
Australia: The Reserve Bank’s Central Bank Digital Currency Trial K&L Gates
Aug
25
2023
Joint Statement Published on Data Scraping and the Protection of Privacy Hunton Andrews Kurth
Aug
23
2023
ESG Policy Update – Australia K&L Gates
Aug
22
2023
IP Australia Releases Long-awaited Trademark Classification Guidelines on Emerging Technologies K&L Gates
Aug
22
2023
BTR Series Part 5: Debt Funds Options—NHFIC And Alternatives K&L Gates
Aug
18
2023
ACMA: Misinformation and Disinformation Bill K&L Gates
Aug
17
2023
Proposed Bill Would Amend the Arms Export Control Act and Establish AUKUS Advisor and Task Force: 3 Highlights Blank Rome LLP
Aug
15
2023
Australia: Consultation Opens for Proposed Review of Managed Investment Schemes K&L Gates
Aug
15
2023
BTR Series Part 4: Affordable Housing And Key Worker Housing—What Role Do These Play in the BTR Solution? K&L Gates
Aug
9
2023
BTR Series Part 3: Indirect Tax—What Else Could Be Done and How Should Tax Regulations Align? K&L Gates
Aug
1
2023
BTR Series Part 2: Getting The Tax Right—Australian Income And Capital Gains Tax K&L Gates
Aug
1
2023
Australia: Financial Accountability Regime: Not that Far Away K&L Gates
Aug
1
2023
Australian Financial Regulator Mandated to Adopt Climate Reporting Standards Cadwalader, Wickersham & Taft LLP
Jul
25
2023
Australia: “Greenwashing” – Are the ACCC And Asic Aligned? K&L Gates
Jul
25
2023
BTR Series Part 1: The Housing Crisis – A Big Problem In Search Of A Solution K&L Gates
Jul
21
2023
NSW Supreme Court Considers Inherent Risk and Peer Professional Opinion in Bariatric Surgery Case Polsen v Harrison (NO. 8) K&L Gates
Jul
21
2023
The ACCC's Eight Commandments for Environmental and Sustainability Claims and Avoiding Greenwashing and Breaches of the Australian Consumer Law K&L Gates
Jul
20
2023
Australian Corporate Insolvency Reform: The PJCs Report Is In, So What Can We Expect Next? K&L Gates
Jul
20
2023
Eight Commandments For Environmental And Sustainability Claims To Avoid ACCC'S Greenwashing And Breaches K&L Gates
Jul
18
2023
Australia: Regulation For ESG Ratings Agencies Gathers Pace K&L Gates
Jul
12
2023
Australia's Pitch in A Net-Zero Future: Critical Minerals Strategy 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
Jun
29
2023
Alcohol’s Next Innovation: ESG McDermott Will & Emery
Jun
28
2023
Australia: ASIC Chair Addresses “Greenhushing” Amongst ESG Focus Areas K&L Gates
Jun
28
2023
UK Government Sued Over Inadequate Assessment of Environmental Impacts of the UK-Australia Free Trade Agreement Cadwalader, Wickersham & Taft LLP
Jun
27
2023
Australian Regulator Emphasizes Focus on Greenwashing Claims Cadwalader, Wickersham & Taft LLP
Jun
24
2023
Goodridge & Anor v Baker [2023] VSC 331 K&L Gates
Jun
22
2023
Supporting the Emerging Flying Taxis Sector K&L Gates
Jun
22
2023
Australian Government Contemplates Asimov’s Omnibus K&L Gates
Jun
20
2023
EU-Based Asset Managers Press J-Power on GHG Emissions Targets and Disclosures, Signaling Shift in Focus to Japan Cadwalader, Wickersham & Taft LLP
Jun
19
2023
Australia: Payments Reform – Generational Change Coming K&L Gates
Jun
16
2023
Australia: Regulating AI – Emerging Issues K&L Gates
Jun
15
2023
Implications of the Comensoli v. O'Connor Decision on the Assessment of Damages in Historical Institutional Abuse Claims K&L Gates
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
 

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