Monthly Archives: November 2012

The implementation of the Clean Energy Future Legislative Package on 1 July 2012 brings with it the carbon pricing mechanism (CPM) which will have an effect on leasing transactions Australia wide. Businesses, property owners and occupiers should be aware of the impact the CPM will have on the property sector particularly in respect of increased electricity costs. Landlords and tenants alike should seek to implement strategies to limit or reduce its impact in current and future leasing transactions.

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Recently, the Australian Competition and Consumer Commission (ACCC) announced that it would oppose a portion of Sonic Healthcare Ltd’s (Sonic) proposed acquisition of some of Healthscope Notes Ltd’s (Healthscope) pathology assets. The ACCC was concerned that the proposed acquisition might result in a substantial lessening of competition in the relevant Queensland market.

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On 25 October 2012, the Government released proposed amendments relating to fire safety in new and existing residential aged care facilities.

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Winding up the affairs of a company with valuable assets and claims is often a very difficult, bruising, risky and thankless task. It is certainly not for the faint hearted. This alert serves as a warning to all liquidators to be constantly vigilant that they and their legal representatives are not overstepping the mark.

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