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Business Council of Australia

Business Council of Australia

Industry Association

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Stories

Australia ends 50-year era of voluntary merger review

Rule Changes

Engaged in reform consultation with concerns about red tape

For half a century, Australian companies could merge at will and simply inform regulators afterward. That ended January 1, 2026. Now businesses must notify the Australian Competition and Consumer Commission before closing deals that meet certain thresholds—and wait for approval. Miss the requirement and your acquisition is automatically void, with penalties on top.

Updated Jan 1