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Firms point out purchases will be on the rise, with no waning interest on the a half of international buyers. In relation to dispute resolution, firms reported an increase in shoppers preferring arbitrations over litigation proceedings, with hearings migrating to digital platforms. Other groups have seen a rise in litigation, on account of March 2019 changes to the tax regime, which increased the choice tax rate for companies that earn than $5m in gross annual income.
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Vitol stated that the Geelong refinery will stay open, as the corporate plans to increase additional into the Australian market.
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