The election of the conservative Liberal-National Coalition Government in Australia has raised hopes among the country's struggling law firms that the ending of electoral uncertainty and a raft of business-friendly policies will combine to reverse a worrying decline in M&A levels. The 7 September poll and the subsequent swearing in of Prime Minister Tony Abbott following six years of Labour rule has been welcomed by senior business lawyers, who have been fighting to rein in costs because of the impact of slowing economic growth on deal activity. Among the Government's main priorities are plans to scrap a controversial carbon tax on Australia's largest polluters and abolish the Minerals Resource Rent Tax or 'mining tax'. It has also pledged to boost spending on infrastructure and support foreign investment into the country.
September 26, 2013 at 07:03 PM
1 minute read
The original version of this story was published on Legalweek
Lawyers confident new Government’s business-friendly approach will boost deal flow, says Elizabeth Broomhall
The election of the conservative Liberal-National Coalition Government in Australia has raised hopes among the country’s struggling law firms that the ending of electoral uncertainty and a raft of business-friendly policies will combine to reverse a worrying decline in M&A levels.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
The premier educational and networking event for employee benefits brokers and agents.
A large and well-established Tampa company is seeking a contracts administrator to support the company's in-house attorney and manage a wide...
We are seeking an attorney to join our commercial finance practice in either our Stamford, Hartford or New Haven offices. Candidates should ...
We are seeking an attorney to join our corporate and transactional practice. Candidates should have a minimum of 8 years of general corporat...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
