Section 641 in Action: Navigating the Early Stages of a Hostile Takeover

While schemes of arrangement remain the dominant structure used in public M&A transactions, there has been a resurgence of takeover bids in recent years. We expect to continue to see hostile takeovers in circumstances where bidders make ‘opportunistic’ offers in a lower priced market and misalignment between the bidder and target valuation expectations. Some would […]

Victoria’s Commercial and Industrial Property Tax: What You Need to Know

It is likely other States and Territories will be carefully watching Victoria as its new Commercial and Industrial Property Tax (CIPT) comes into effect from 1 July 2024, taking a step towards abolishing stamp duty on land in the state. Depending on the outcome of the CIPT implementation and the resolution of any teething issues, […]

Understanding Statutory Land Valuations in Australia: A State-by-State Breakdown

Rates, land taxes, and other taxes and levies charged on properties in the six states and two territories around Australia are, almost without exception, calculated in proportion to some version of the value placed on each property by the Valuer-General in the relevant jurisdiction. Without exception, these values are assessed in accordance with a state […]

Impact of proposed PPS reforms on real estate financing: What you need to know

The key collateral on a real estate financing deal is, of course, the relevant real property. However, financiers also typically require a general security deed covering all the personal property of the relevant security provider. It is common for such transactions to include share/unit specific security deeds as well. Any such security interest must be […]

Hamilton Locke Advises MA Financial Group on $33 Million Acquisition of East Coast Marina

Hamilton Locke advised MA Financial Group on the successful acquisition of East Coast Marina, Queensland. This latest transaction expands MA Financial Group’s marina portfolio to 13 marinas along Australia’s east coast. MA Financial Group is a leading ASX-listed financial services firm specialising in managing alternative assets, lending, corporate advisory and equities with a strong focus […]

The Australian Government’s Boost to Build-to-Rent (BTR) Developments: Income Tax Concessions

Build-to-rent Tax Concessions Treasury has released for consultation the much-anticipated Exposure Draft of the Treasury Laws Amendment Bill 2024: Build to rent developments (BTR ED) and related Explanatory Materials (EM) outlining the BTR tax concessions that were first introduced as part of the 2023/24 Federal Budget.  The BTR tax concessions were introduced to encourage the […]

Hamilton Locke Advises on the $100.2M Sale of the West Ryde Marketplace and Pemulwuy Marketplace Shopping Centres

Hamilton Locke has advised on the sale of the $100.2 million West Ryde Marketplace and Pemulwuy Marketplace shopping centres. West Ryde Marketplace and Pemulwuy Marketplace are located approximately 16km and 30km from the Sydney CBD, respectively, and comprise flexible mixed-use zoning with the potential for long-term development. Serving as integral hubs within their communities, both […]

Taste of Australia – March 2024

Hamilton Locke’s ‘Taste of Australia’ provides foreign investors and their advisers with a high-level overview of the issues that have been front of mind for dealmakers in Australia during the last quarter. The information is deliberately introductory – no more than a taste. Our experts would be delighted to expand on any aspect that may […]

ASX Compliance Update

Changes to ASX Listing Applications In a bid to enhance efficiency and clarity in the listing application process, the Australian Securities Exchange (ASX) has introduced several changes to its admission procedures, effective February 5, 2024. These changes set out in Compliance Update (no. 01/24) aim to simplify documentation requirements and improve compliance with spread and escrow […]

Joanna Wang

Joanna is a finance lawyer with substantial transaction experience gained in Australia, mainland China and Hong Kong. Her multicultural perspective enriches her problem-solving approach, allowing her to navigate complexities effortlessly. Passionate about helping clients achieve their goals, Joanna thrives in high-pressure environments, consistently delivering results within tight timelines. Throughout her career, Joanna has acted for […]