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Houston, we have insurance!
For decades, space activity has captured our collective imagination but the reality of space commercialisation has shunned the spotlight.
Australia | Publication | June 2023
Canberra’s winter presents a delightful combination of frosty mornings below freezing and glorious, sun-filled days. Having now hit our shortest (and coldest) day of the year and with the countdown to spring on, grab that cosy blanket (or puffer jacket) and mosey through our winter publication of the Commonwealth Quarterly.
We are excited to offer a variety of articles this edition:
If you have any questions on any of our articles please do not hesitate to reach out.
Keep warm and stay safe!
Holly McAdam
Partner and Head of Office
Canberra
Ella Fisher
Paralegal and Editor of the CQ
Canberra
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For decades, space activity has captured our collective imagination but the reality of space commercialisation has shunned the spotlight.
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Since the commencement of the Offshore Electricity Infrastructure Act 2021 (Cth) (‘OEI Act’) in June 2022, there has been a flurry of activity in the domestic offshore wind space.
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While Australians are a famously relaxed bunch, governments are typically held to a higher standard - especially when it comes to decisions around expenditure.
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The private credit market and direct lending have grown and diversified immensely in the past decade, offering alternative sources and terms of debt compared to those historically provided by the syndicated leveraged loan and public issuance markets. Consequently, they are fast becoming pivotal components in the capital ecosystem, so much so that the Bank of England consider that the private credit market is currently responsible for approximately $1.8 trillion of debt issuance, which is four times its size in 2015. This growth has been particularly pronounced in Europe and the US but there has also been significant activity in Asia.
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The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act). The AI Act will be the first comprehensive legal framework for the use and development of artificial intelligence (AI), and is intended to ensure that AI systems developed and used in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly.
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