Australian business law about the environment is an area of study that involves studying law and policy relating to Australia’s environment. This study can be in regards to the promotion of local economic development, dealing with issues that affect the environment, research and knowledge creation, and policy implementation. The study can even go further as far as affecting foreign investors. In addition, the study can also involve government regulation and intervention, such as regulation of import and export duties, collection and disposal of customs duties and taxes, and implementation of programs for waste disposal and pollution control. Australian business law and environment law can be studied at the graduate and doctoral levels.
Australian environment and business laws deal with issues that have direct effects on the local economy and society. These laws cover topics that include importation and exportation of Australian manufactured goods. It covers the regulation on pesticides and other chemicals, the establishment of land and water rights, protection of native organisms, controlling erosion, creation, and management of reserves, managing pollution, protection of the ozone layer, and various initiatives to preserve and protect the environment. As part of these objectives, the Australian government has various environmental policies and programs, including the Natural Resources Management Act 1987, National Parks and Wildlife Act 1903, the Conservation Act of Western Australia, the Scenic Environment Protection Act 1990, the National Land Management Program, the World Heritage Area Program, the Australian National Parks Act, etc.
In order to maximize the potentials of Australian business and environment laws, it is important for the companies involved to understand and analyze each of these policies and the frameworks that support them. Several issues emerge concerning this purpose. One of the most important is understanding the sources of information, which are included in the policies. The sources include national agencies and departments; state and federal bodies; indigenous groups; local governments; business organizations, multinational companies; and individual people who have knowledge and information regarding the policies.
The first step in understanding business and environment laws is understanding the significant roles played by the government, agencies, and bodies. The main objectives of all these bodies are to protect the environment, promote businesses and ensure financial reporting. All companies require licenses to operate. These are either general permits or special permits that are specific to particular industries or companies. General licenses are available to all entrepreneurs to ensure fair competition among companies. Special permits are granted to companies that require special consideration, such as indigenous people or organizations.
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