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Construction PRO
Property listings giant Domain plans to attack the validity of a Deloitte report used to support competitor REA Group’s claim that it attracts the buyer for nine in 10 homes sold, a court has heard.
The competition regulator has executed a search warrant on software firm WiseTech Global as part of an investigation into alleged competition law breaches, the company said Wednesday.
The Australian Energy Regulator must repay AGL a $25 million penalty secured by the watchdog in a Federal Court case, after the power company prevailed on appeal.
A swathe of reforms in the wake of the $1 billion failure of investment funds Shield and First Guardian will crack down on cold-calling by lead generators and arm regulators with enhanced powers to go after super fund trustees breaching their obligations.
Discount grocery giant Aldi has partially succeeded on appeal of a finding that its Mamia Baby Puffs copied the look of rival Little Bellies baby snacks, but still faces possible additional damages for what a judge said was "flagrant" infringement.
Fashion retailer City Beach has lost an appeal of a $14 million penalty secured by the consumer regulator in the first enforcement action for breaches of button battery safety standards.
Construction PRO
Gold Coast Council has brought a High Court case over a decision that found the city must consider the provision of affordable housing in assessing an application by developer Cielo Group for a luxury beachfront highrise.
The former CEO of engineering services firm DRA Global has failed in a dispute over law firm emails he claimed were produced in futherance of an unlawful scheme to take control of the company's board.
The prudential regulator has imposed licence conditions on Bendigo and Adelaide Bank and will keep a $50 million capital add-on requirement, following a Deloitte analysis that found "material deficiencies" in its non-financial risk management.
The competition regulator has referred Vets Central’s proposed acquisition of rival Hills Veterinary Centre for an in-depth merger review, saying the tie-up could substantially lessen competition.