australia

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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

Kalley Chen, Dai Chen and Xu Zifeng  King & Wood Mallesons’ Security Group

Australia has had a range of general and sector-specific privacy laws for 20 years. At the Federal level, the Privacy Act 1988 (Cth) initially regulated the way in which Commonwealth agencies dealt with the personal information of Australians. The scope of the Privacy Act was expanded to also cover the handling of individuals’ credit information and, more broadly in 2001, to cover all private sector organisations and the way in which they collect, use and disclose personal information. Individual States and Territories of Australia also have specific privacy laws that regulate the way State-based agencies deal with personal information, and laws relating to privacy are also found in a variety of legislative contexts.
Continue Reading Privacy Overhaul Imminent for Australia–A Reference to China