Salmar Holdings Pty Ltd v. Hornsby Shire Council 1

Abstract

one of its aspects be a trading company (that is, \vhen it sells or attempts to sell its manufactures or ores) then the Commonwealth could in... directly control, for environmental purposes, manufacturing or mining activities of companies by la\vs acting on the sale or attempted sale of manufactures and ores. And in all probability, the Commonwealth now has power to regulate interest rates on loans and borrowings by companies, and power to regulate every contract of sale, of supply or of services entered into in Australia except bet\veen two natural persons. In short, the decision in the instant appeals seems to have left the Commonwealth with power to regulate uniformly throughout the Common\vealth, many matters which before the decision had assumedly been outside its power and which for many years had called for thorough and systeInatic regulation on a national scale. 1972] Case Notes 143