Christine Caulfield

A lawsuit by construction company McMahon Services against South Australia's Minister for Infrastructure and Transport over upgrades to two SeaLink ferry wharfs has been stayed, with a court finding the builder should be held to its contractual bargain.

A funder bankrolling proceedings over the compulsory acquisition of land for the Westconnex road project in Sydney has lost its bid to revive a lawsuit against the plaintiffs, with an appeals court saying it was a “classic example of abuse of process”.

A former Mastercard business development director has admitted at trial to lying to the payments giant's finance department about the risk of 7-Eleven routing transactions to EFTPOS to seal a deal.

Vehicle leasing company FleetPartners has reached an agreement to resolve a shareholder class action for $27 million.

Addressing for the first time the question of compensation for 'future acts' under the Native Title Act, a judge has ordered Fortescue Metals Group to pay $150 million to compensate the Yinjibarndi people for losses stemming from the mining company's Solomon Hub iron ore project.

The centrepiece of Tuesday night's budget are tax reforms aimed at capital gains, negative gearing and investment structures, with the Albanese government spruiking the changes as supporting new housing, while experts say the devil is in the detail.

A judge has approved amendments to a shareholder class action against iSignthis and auditor Grant Thornton, over the opposition of the fintech firm, which argued the changes would amount to an abuse of process.

Trial in a case alleging Mastercard misused its market power by striking deals with retailers to defend revenues against EFTPOS routing has heard external competition lawyers suggested removing the word 'routing' from its contract with Woolworths.

Clayton Utz has recruited a projects partners from Allens to strengthen the firm's resources and infrastructure practice.

Mastercard risked losing half its revenue from retail interchange fees as a result of the Reserve Bank's least-cost routing initiative, and struck deals with top retailers to defend its core business, a court was told Wednesday.