Government announces changes to the new mandatory Merger Control Regime

On 15 October 2025, the Federal Government announced proposed changes to the new mandatory Merger Control Regime commencing on 1 January 2026.

Under the current framework, failure to properly comply with the new mandatory Merger Control Regime will automatically void a transaction. The Government has indicated that it plans to amend these automatic voiding provisions while still maintaining incentives for compliance with the mandatory notification requirements.

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Mandatory Merger Notifications Are Coming

Australia’s new mandatory merger control regime is on the horizon. From 1 January 2026, certain transactions must be notified to the Australian Competition and Consumer Commission (ACCC) and cleared before completion.

A voluntary opt-in period is now open and runs until 31 December 2025. This is a critical window to plan ahead.

These changes represent the most significant shift in Australian merger control in decades. Proactive planning will be critical to avoid costly delays and surprises.

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High risk! AML/CTF Compliance - It's coming for accountants, real estate agents and lawyers!

The Anti-Money Laundering and Counter-Terrorism Financing Amendment Bill 2024 (Bill) has been passed by Parliament. The Bill overhauls Australia’s anti-money laundering and counter-terrorism financing regime, and extends the regime to certain 'high-risk' services provided by lawyers, accountants, trust and company service providers, real estate professionals, and dealers in precious metals and stones.

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Payroll Tax Implications for Arrangements Between Related Companies

A recent case in New South Wales has highlighted an important payroll tax risk for businesses operating through related companies. The decision in Chief Commissioner of State Revenue v E Group Security Pty Ltd (No 2) [2022] NSWCA 259 demonstrates how arrangements within corporate groups can trigger payroll tax liabilities under the Payroll Tax Act 2007 (NSW).

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