In April, the Federal Treasurer unveiled new merger law reforms that promise to reshape the Australian business landscape. Starting 1 January, 2026, Australia will transition from a voluntary to a mandatory and suspensory merger review system. This significant shift aims to ensure the consumers are protected by regulating mergers and acquisitions in a manner consistent with overseas regimes. Alongside this announcement, an exposure draft of the proposed legislation has been released for public feedback, inviting stakeholders to contribute to shaping the future of merger regulations. Please refer to our earlier Insight article.