Australia

Australia, which is officially known as the Commonwealth of Australia is comprised of the Australian mainland, Tasmania, and smaller surrounding islands. It’s the sixth-largest country in the world by area.

The area is comprised of six colonies and several smaller territories. The six states are: New Wales, Tasmania, Western Victoria, South Australia, Queensland, and Western Australia. The country has the 13th largest economy in the world, and is ranked 2nd in the Human Development Index. Australia is a member of NATO, G20, ANZUS, Commonwealth of Nations, Organization for Economic Co-operation and development (OECD), the WTO, and the Pacific Islands Forum.

Australia maintains a liberal-democratic political system functioning as a parliamentary under the monarch. Queen Elizabeth II serves as the Queen of Australia, and is represented in the country by a Governor-general. The government is split into the three branches (Judicial, executive, legislative), working alongside the House of Representatives and the Senate.

With a population of 25 million, the country is highly urbanized. Immigration is extremely high with nearly 26% of the total population in the country, coming from foreign countries. Foreign relations in the country are strongly driven under ANZUS pact with the US, and through ASEAN and the Pacific Islands Forum, in an effort to build relations with Asia and the Pacific. The country is a party to the Five Powers Defence Arrangements (Singapore, UK, New Zealand, and Malaysia); the country also has free trade relations with the US and agreements are being negotiated with China.

Australia is a wealthy country generating income from telecommunications, mining-exports, manufacturing, and banking. The  Australian Securities Exchange is the ninth largest exchange market in the world. In 2017, the Index of Economic Freedom ranked the country as the 12th largest economy in the world, and sixth highest per-capita GDP.

The National Law Review covers new, stories, and US-Australian relations online. Visitors can read about banking developments, data and security protection cases, the use of digital currency (ICO and cryptocurrencies), and other topics are covered about the country online. Visitors can also read about foreign relations, trading agreements, treaties, and other stories in the international realm, as they relate to Australia.

Custom text Title Organization
Mar
8
2023
Good Report Card but Data Breaches Are Up, with No Sign of Letting Up K&L Gates
Mar
8
2023
Australia: Greenwashing Crackdown – Asic Sues Superannuation Giant in Landmark Case K&L Gates
Mar
7
2023
Gender Equality on The Agenda K&L Gates
Mar
6
2023
Privacy Reform Is Here: It’s Time to Get Your House in Order! K&L Gates
Mar
6
2023
Australia To Be the Most Cyber Secure Nation? K&L Gates
Mar
3
2023
So You're Green – Prove It or Be Prosecuted: ACCC Sweep Finds 57% of Green Claims "Concerning" K&L Gates
Mar
3
2023
BREAKING DOWN THE PRIVACY ACT REVIEW REPORT #3: Removal of The Small Business Exemption K&L Gates
Feb
20
2023
Australia: ASIC Reveals 2023 Enforcement Priorities K&L Gates
Feb
20
2023
Australia: Quality of Advice Report to Be Stress Tested K&L Gates
Feb
16
2023
Australia: Treasury Releases Token Mapping Consultation Paper K&L Gates
Feb
16
2023
The Wait Is Over: The Privacy Act Review Report Has Been Published! K&L Gates
Feb
9
2023
Ding Dong – Set-Off Is Gone: Absolutely Set-Off Is Definitely No Longer Available as A Defence to An Unfair Preference Claim: Decision Update K&L Gates
Feb
8
2023
Australia: APRA Provides Insight Into 2023 Priorities K&L Gates
Feb
1
2023
Australia: Superannuation Trustees Urged to Improve Member Engagement K&L Gates
Feb
1
2023
Australia: Warnings to ‘finfluencers’ Following Federal Court Action and ACCC Announcement K&L Gates
Jan
23
2023
Asia Pacific Legal Market Summary January 2023 Major Lindsey & Africa
Jan
17
2023
AUSTRALIA: ASIC Starts 2023 With Focus On Greenwashing K&L Gates
Jan
12
2023
January 2023 AFS Privacy Report: Colorado Department of Law Issues Updated Draft CPA Rules ArentFox Schiff LLP
Dec
22
2022
Australia: ASIC Releases Update on Recent Enforcement Action in Australia and Guidance for Target Market Determinations K&L Gates
Dec
20
2022
Australia Publishes Additional Guidance for Assessment Certificate Applicants Introducing Nanoscale Chemicals Bergeson & Campbell, P.C.
Dec
19
2022
TRADE SECRETS: An International Perspective on Their Protection and Tips to Mitigate Disclosure Risk K&L Gates
Dec
15
2022
The State of ESG Reporting in Australia K&L Gates
Dec
14
2022
Australia: Climate and Sustainability-Related Financial Disclosure Reforms on The Horizon K&L Gates
Dec
14
2022
New Privacy Enforcement Act Commences in Australia K&L Gates
Dec
8
2022
ASIC Gears Up Enforcement Activity K&L Gates
Dec
7
2022
Secure Jobs, Better Pay Bill Is Now Law K&L Gates
Dec
7
2022
Will Group Costs Orders "anchor" Class Actions in Victoria? K&L Gates
Dec
2
2022
Australia Passes Privacy Legislation Amendment (Enforcement and Other Measures) Bill 2022 K&L Gates
Dec
1
2022
Australian Regulatory Update – 28 November 2022 K&L Gates
Nov
23
2022
Australian Regulatory Update – 21 November 2022 K&L Gates
Nov
23
2022
AUSTRALIAN REGULATORY UPDATE – 14 NOVEMBER 2022 K&L Gates
Nov
18
2022
Reminder - Time is Running Out to Obtain Your Director Identification Number K&L Gates
Nov
16
2022
Australia: ASIC Stays True to DDO Enforcement Promises K&L Gates
Nov
9
2022
Standing to Challenge: Will the Australian Courts Continue to Assist Aggrieved Stakeholders as the Economic Uncertainty Remains? Squire Patton Boggs (US) LLP
Nov
8
2022
Henkel Cleans Out Finish Trade Marks K&L Gates
 

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