Jones Day

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Australian Senate Approves Carbon Pricing Scheme
Arv Sreedhar,Tony Wassaf, February 10, 2012
The Carbon Pricing Scheme, to be implemented in Australia via the Clean Energy Bill 2011 (Cth) and 12 additional pieces of supporting legislation, was passed into law by the Australian Senate on November 8, 2011 and received Royal Assent. The scheme will operate like an emissions trading scheme...

Australia's New Resources Tax Regime
Arv Sreedhar,Tony Wassaf, December 2, 2011
Legislation implementing Australia's Mineral Resource Rent Tax ("MRRT") was passed by the House of Representatives on 23 November 2011. The minority Labor government managed to secure support from the Independents and Greens to ensure passage, and the Mineral Resources Rent Tax Bill will...

Australia’s Highest Court Applies the Hand Brake to Arbitration: Inadequate Reasons Render Award Invalid
Michael W. Bühler,Thomas F. Cullen,Steven W. Fleming,Peter J. Wang, November 1, 2011
The underlying difference between arbitration and court litigation should be borne in mind at all times.... Though courts and arbitration panels both resolve disputes, they represent fundamentally different mechanisms of doing so. The Court is an arm of the state; its judgment is an act of state...

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