Welcome to the latest update from Gilbert + Tobin's Corporate Advisory team.
The update provides a summary of key recent legal developments, particularly relevant to in-house counsel.
In this issue of the WA Resources Update, your regular newsletter about key developments for the Western Australian mining and resources sector we look at an overview of the last 12 months, pre-emptive rights clauses, a case note on the Mount Bruce Mining Pty Limited v Wright Prospecting Pty Limited; Wright Prospecting Pty Limited v Mount Bruce Mining Pty Limited decision and an update on FIRB.
Prime Minister Malcolm Turnbull announced on 7 December 2015 the $1.1 billion "National Innovation and Science Agenda". With a stated vision of sparking an "ideas boom", the scheme looks to promote investment in business-based research, development and innovation over the next four years.
The last couple of years have seen significant advances in the realm of 3D scanning and printing. Importantly, there has been a rapid uptake of the technology across a broad range of industries and disciplines, improved access to printable digital files including by way of online marketplaces, mobile phone CAD scanning technology, improvements in printer technology, a reduction in the cost of the technology and access to a wider range of print materials.
Following its consultation on an Issues Paper released in March 2015, the Reserve Bank of Australia (RBA) has recently published a Consultation Paper proposing changes to the regulatory framework for the card payments system in Australia.