Joint ventures (JVs) take many different forms and are entered into for many different strategic reasons, for example to combine financial resources or to pool know how. They may also enable parties constrained for reasons of risk appetite or availability of investment funding to develop business propositions or to create economies of scale in a given industry sector.
Joint ventures may be alliances created by necessity or they may be the coming together of organisations with complementary skill sets. Whilst this has always been a feature in particular industry sectors and jurisdictions, the significance of foreign ownership restrictions may increasingly drive the joint venture as the vehicle of necessity.
Our joint ventures hub consolidates a range of resources, including articles on key topics relevant to understand when entering into a joint venture, a cross-border Q&A covering commonly asked questions, and access to our latest publications, events and training.
Publication
On 29 November 2024, the first tranche of sweeping Australian privacy reforms under the Privacy and Other Legislation Amendment Bill 2024 (Cth) (Bill) passed both Houses of Parliament.
Publication
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has released its first consultation into the proposed new Anti-Money Laundering and Counter-Terrorism Financing Rules (Rules).
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