By King & Wood Mallesons

King & Wood Mallesons has updated its guide to doing business in Australia.

Australia welcomes and encourages foreign investment and has a favourable investment environment.  Investments that create exports, replace imports, introduce new technology or create employment are

particularly welcome.

Australia offers significant benefits for foreign investors, including:

  • a resilient and diverse economy with low inflation;
  • a transparent and liberal process for approval of foreign investment;
  • low barriers to trade and investment, with business-oriented corporate regulation;
  • a competitive company tax rate; and
    Continue Reading A guide to doing business in Australia

…but level of enforcement is still considered inadequate by anti-corruption watchdog Transparency International

By Ariel Ye and James Rowland of King & Wood’s Dispute Resolution Group

A month after Transparency International (“TI”) published its 2010 annual progress report on enforcement of the OECD Anti-Bribery Convention, the Australian Federal Police have charged two Reserve Bank of Australia subsidiaries, Securency and Note Printing Australia, with offences under the Criminal Code Amendment Act: Bribery of Foreign Public Officials.Continue Reading Australian Authorities Prosecute Major Asian Bribery Case…