Doing business in Australia
The Gadens Doing business in Australia guide provides foreign investors with an overview of the Australian business, economic and regulatory environment, as well as practical advice on how to go about setting up and doing business in Australia. Australia is an ideal investment location for foreign companies looking to grow internationally, benefitting from well-developed infrastructure, […]
ReadmoreGreening Melbourne: Amendment C376 Melbourne Planning Scheme (Sustainable Building Design Amendment)
The City of Melbourne has set a goal to hit net zero emissions by 2040. Currently, buildings in the Melbourne CBD account for approximately 66% of the City’s total carbon emissions. By comparison, throughout the rest of Victoria, buildings account for approximately 25% of total carbon emissions. What does Amendment C376 propose to do? Amendment […]
ReadmoreCOVID-19 | Commercial tenancy relief measures extended in Victoria
The long awaited COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Miscellaneous Amendments Regulations 2020 (Vic) were released last night and will take effect from 29 September 2020. Which tenancies will the Commercial Tenancy Relief Scheme (CTRS) now apply to? The CTRS applies to ‘eligible leases’. The Amending Regulations have altered the definition of ‘eligible […]
ReadmoreCOVID-19 | Update: Changes to foreign investment framework and implications for the commercial leasing sector
Further to our previous article regarding changes to the foreign investment framework and the implications for the commercial leasing sector, on 24 April 2020 the Foreign Investment Review Board (FIRB) released a guidance note which, among other things, provides clarification as to the effect of the temporary measures which result from the Foreign Acquisitions and […]
ReadmoreCOVID-19 | Victorian regulations provide much needed guidance on rent relief obligations for Victorian landlords and tenants during the COVID-19 pandemic
The long awaited COVID-19 Omnibus (Emergency Measures) (Commercial Leases and Licences) Regulations 2020 (Regulations) have now been released, giving effect to the National Cabinet Mandatory Code of Conduct and some much needed guidance for Victorian landlords and tenants. The Regulations apply to “eligible leases” for the “relevant period”, from 29 March 2020 until 29 September […]
ReadmoreCOVID-19 | Webinar | JobKeeper | One month on
It’s one month since the JobKeeper payment was announced, and our panel of experts discussed what we are seeing in the market at the moment. Gadens Partners Siobhan Mulcahy (Employment Advisory), Peter Poulos (Corporate Advisory & Tax) and Andrew Kennedy (Property & Construction) covered the ‘in-the-field’ challenges, practicalities and strategies in implementing JobKeeper, and how […]
ReadmoreCOVID-19 | VIC Government introduces new legislation to regulate commercial leasing arrangements during the COVID-19 pandemic
Following the Mandatory Code of Conduct released by the National Cabinet on 7 April 2020 (Code), the Victorian Parliament passed the COVID-19 Omnibus (Emergency Measures) Bill 2020 (Vic) (COVID-19 Bill) to introduce a range of temporary measures to provide urgent relief for commercial tenants in response to the COVID-19 pandemic. It also contains provisions for […]
ReadmoreCOVID-19 | Changes to foreign investment framework – implications for the commercial leasing sector
Introduction Effective from 29 March 2020, the Australian Treasurer introduced changes to the foreign investment framework which included the reduction of the monetary screening thresholds for foreign investments in Australia to $0. For information about how the new measures will impact on investments generally, see our previous article on the topic. Do commercial leases require […]
ReadmoreCOVID-19 | COVID-19 and rent reviews: rent reductions in a recession?
Economic impact of COVID-19 On 11 March 2020, the World Health Organisation formally declared the outbreak of COVID-19 as a global pandemic. To varying degrees around the globe, countries have enforced travel bans and closures of non-essential public gatherings. Unsurprisingly, the declaration of the pandemic prompted global panic, with grave political and economic ramifications. Small […]
ReadmoreCall for comment on proposed new standards for apartment exteriors
The Victorian government is proposing further changes to the requirements for apartment developments, with the release of the Better Apartments in Neighbourhoods – Discussion Paper 2019 (the BANs Discussion Paper) which proposes changes to the planning controls that regulate apartment developments in Victoria. Following on from the Better Apartment Design Standards (BADS) which were introduced […]
ReadmoreRavenhall Landfill decision confirms the scope of VCAT’s powers to review EPA approvals
In June this year, VCAT made the decision to approve a Works Approval to allow for the expansion of the Ravenhall Landfill, the largest landfill in Victoria in the decision of Melton CC v Landfill Operations Pty Ltd (Red Dot) [2019] VCAT 882. Originally approved by the EPA in 2016, the Works Approval was appealed […]
ReadmoreStamp duty changes to hit residential developments in Victoria
The Victorian Government is proposing a sweeping reform of the “economic entitlement” provisions of the Victorian duties legislation. The result of the proposed changes would be to effectively bring to duty a common form of project funding and structuring used for residential developments in Victoria. Typically these transactions enable a residential developer to secure rights […]
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