Australia Proposes Sweeping Environmental Law Reforms to Strip Profits from Violators
The Albanese government is proposing landmark environmental reforms that would allow authorities to strip companies of profits gained from legal violations. New penalties could reach $825 million for businesses under the proposed legislation set for parliamentary debate.
Major Environmental Law Overhaul
The Australian government is preparing to introduce sweeping environmental reforms that would grant authorities the power to strip companies of financial gains obtained through violating environmental laws, according to reports from Guardian Australia. The proposed legislation, expected to be presented to parliament within the next two weeks, represents what analysts suggest could be the most significant environmental law update in a generation.