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Australia: Introduction of Seasonal Worker Program

(Aug. 29, 2008) Australia is introducing a three-year Seasonal Worker Pilot Program, under which workers from Kiribati, Papua New Guinea, Tonga, and Vanuatumay work for up to seven months a year in the horticulture industry. Under the program, as many as 2,500 visas will be available over a three-year period. The pilot program will operate […]

Australia; United States: Mutual Recognition of Securities Regulation Arrangement

(Aug. 29, 2008) Australia and the United States have signed a mutual recognition arrangement regarding recognition of financial services regulation. This arrangement will permit investors and brokers to comply primarily with their home jurisdiction regulations, but obtain recognition in the alternate market, thus providing greater access to the respective markets by each country. (Press Release, […]

Australia; Indonesia: Carbon Trading Agreement

(July 2, 2008) On <?June 13, 2008, Australia and Indonesia signed a new Indonesia – Australia Forest Carbon Partnership to support emerging forest-carbon trading initiatives. According to a press release, the Partnership is intended to assist in the areas of: policy development and capacity building to support participation in international negotiations and future carbon markets; […]

Australia: Compulsory Dispute Resolution for All Parenting Orders

(July 2, 2008) From July 1, 2008, all persons in Australia applying for a Parenting Order (Family Law Act 1975 (Cth) Pt VII) must attend family dispute resolution (other than in instances of violence, child abuse, or urgency). Parenting Orders are court directions regarding parental responsibilities. (Press Release, Attorney General of Australia, Family Dispute Resolution […]

Australia; New Zealand: Mutual Recognition of Securities

(July 2, 2008) From July 2008, New Zealand and Australia will implement a Mutual Recognition of Securities Offerings (MRSO) that will permit issuers to use a single prospectus to offer shares, debentures, or managed or collective investment schemes to investors in both New Zealand and Australia. (Securities Commission New Zealand & Australian Securities and Investments […]

Australia: 2008-2009 Budget Passed

(June 2, 2008) The Australian Parliament has passed six appropriations bills to implement the government's 2008-2009 budget. The budget will amend legislation to provide for, among other things: • amendments to increase the personal income thresholds; • an increase in the Child Care Tax Rebate (from 30 to 50 percent); • amendments to Australia's universal […]

Australia: Summit Recommends Republic

(May 2, 2008) The Governance Session of the 2020 Summit (held April 19-20, 2008, in Canberra Australia) has recommended that Australia become a republic via a two-step process involving an initial plebiscite to ascertain whether or not Australia should relinquish ties to the United Kingdom and then a referendum to establish the model of the […]

Australia; China; France: Extradition Treaties

(May 2, 2008) On April 24, 2008, the Standing Committee of the National People's Congress of the People's Republic of China (PRC) ratified extradition treaties with France and Australia. Each treaty has 23 articles. The treaties cover, among other matters, extradition obligations, extraditable offenses, reasons that can be used and reasons that should be used […]

Australia: Foreign Sovereign Funds Subject to Scrutiny

(Mar. 2, 2008) The Australian government has released a set of principles by which it will assess foreign investment in Australia by foreign governments and their agencies. (Press Release, The Hon. Wayne Swan, Government Improves Transparency of Foreign Investment Screening Process (Feb. 17, 2008), available at http://www.treasurer.gov.au/.)

Australia: Inquest Rules Murder in Balibo Five Case

(Dec. 2, 2007) International media have reported a Sydney coroner court finding that the five Australian-based journalists known as the Balibo Five (two Australians, two Britons, and a New Zealander) were murdered in East Timor by Indonesian troops, to prevent the disclosure of the invasion of East Timor. The court found that the journalists were […]