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Kongsberg deal sets stage for more lease-based reviews under new Australian laws

By James Panichi ( August 14, 2025, 07:04 GMT | Insight) -- The review of a land deal designed to kick-start Kongsberg’s development of an Australian missile facility is expected to be followed by a fresh land-lease probe, suggesting the new mandatory-notification regime is triggering real-estate reviews into otherwise uncontroversial transactions. MLex understands that the Australian Competition & Consumer Commission is preparing to announce its second review under the new laws, following the Aug. 11 announcement of plans to scrutinize Kongsberg Defence Australia’s lease deal with Greater Newcastle Aerotropolis.The review of a land deal designed to kick-start Kongsberg’s development of an Australian missile facility is expected to be followed by a fresh land-lease probe, suggesting the new mandatory-notification regime is triggering real-estate reviews into otherwise uncontroversial transactions....

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