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Construction PRO
Brisbane Airport operator faces injunction bid over $13.4M bank guarantees
Airport baggage handling company Alstef Australia is trying to halt Brisbane Airport Corporation from calling on $13.4  million in bank guarantees, in a dispute over a contract for works to upgrade the baggage system at the airport's domestic terminal.
Hismile to pay $140K for alleged misleading social media ads
Oral care company Hismile has paid $138,600 in penalties after the consumer watchdog issued it with seven infringement notices over alleged false and misleading social media advertisements.
IG Markets can’t alter case in row with trader who earned $5.5M in 30 mins
A judge has rejected an application by online trading platform IG Markets to amend a cross-claim against a trader who earned $5.5 million in 30 minutes through a 'test market'.
Construction PRO
Lendlease appoints Nick O’Neil as CEO, as Lombardo makes early exit
AustralianSuper's head of real assets Nick O'Neil has been appointed as the new CEO and managing director of Lendlease, replacing Tony Lombardo, who is leaving the role earlier than expected.
Optus failed to take reasonable steps to protect White Pages data: report
The Office of the Australian Information Commissioner has found telco Optus failed to protect the data of customers whose personal information was listed in the White Pages after they sought an unlisted number.
Construction PRO
Fortius wants to add claim in row over One Central Park development
Property manager Fortius wants to add new claims under NSW's Design and Building Practitioners Act against certifier City Plan Services in a dispute over the One Central Park development in Sydney.
Thomsons nabs partners from MinterEllison, Finlaysons
Thomsons has lured an employment partner from MinterEllison and a commercial property partner from Finlaysons to join its team in Adelaide.
Construction PRO
Iluka accused of seeking bank guarantee in retaliation for $27M payment claim
NSW builder Hort Constructions is seeking urgent orders to restrain Iluka Resources from calling on a $1.45 million bank guarantee, claiming the mining company is seeking the funds for an improper purpose.
Judge weighing $10.3M penalty sends ASIC, Mercer back to drawing board
A judge wants more details about a $10.3 million agreed-to penalty in proceedings brought by ASIC accusing Mercer Super of "longstanding and systemic" compliance failures.
Construction PRO
Underworld figure Mick Gatto arrested as part of construction industry probe
Melbourne underworld figure Mick Gatto was arrested on Wednesday and later released as part of an investigation into alleged financial offences.