The increasing sophistication and prevalence of infrastructure and construction disputes in Australia in coming years will put the quality of financial analysis and evidence provided under the spotlight.
Many of these disputes are positioned for resolution via arbitration clauses within the contracts.
Australia’s international arbitration market is accelerating in growth, even if the proceedings themselves often take place in other regional hubs like Hong Kong or Singapore. This acceleration has been driven by the continuing push to position Australia as a regional arbitration centre and exponential growth in large-scale infrastructure investment, both domestically and across the Asia-Pacific region.
This article was first published in LawyersWeekly on 7 March 2018.