Cat Fredenburgh

Swiss greentech company Kanadevia Inova has been hit with another suit by the receivers over a contract for the $500 million East Rockingham waste-to-energy plant in Western Australia.

Developer Robert Filippini is appealing a ruling that granted the liquidators for Keystone Asset Management's expanded freezing orders of up to $158 million in assets as well as two family trusts and four luxury cars. 

In the first penalty to be handed down for breaches of the Privacy Act, pathology services provider Australian Clinical Labs has agreed to cop a $5.8 million fine over a 2022 data breach that compromised the personal information of 223,000 customers of its Medlab business.

Optus has suffered another Triple Zero outage, just over a week after a 13-hour outage across three states that was linked to the deaths of three people.

Super trustee Retail Employees Superannuation has paid two infringement notices after ASIC alleged it misled over 2,000 members after inadvertently activating insurance cover.

Superannuation fund Aware Super is teaming up with Goodman Group on a $2 billion platform that owns three logistics properties in Los Angeles.

German car hire company SIXT has dropped its bid for an injunction barring Darwin International Airport from requiring it to vacate the premises it operates out of at the airport. 

The ACCC has picked up its review into Acciona's bid to acquire the $500 million East Rockingham waste-to-energy project in Western Australia, after hitting pause last month. 

Elanor Funds Management's board on Friday unanimously recommended that securityholders reject the takeover offer and provided an expert independent report from Kroll Group that concluded the offer of $0.70 in cash per stapled security undervalued the fund.

Media giant Seven Network is facing a class action investigation into possible underpayments, including the alleged failure to pay rest breaks and overtime.