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Construction PRO
Coles says ACCC’s deal block may affect future supermarket development
Coles has asked the Australian Competition Tribunal to allow its proposed acquisition of a leasehold interest in a supermarket and liquor store site in Kalgoorlie to go ahead, saying the ACCC's determination "may have broader implications for future supermarket developments under the new merger regime".
PwC negligence case over tax advice on $100M estate to be revised
The executor of a $100 million estate is amending its case against PricewaterhouseCoopers that alleges the firm gave negligent advice and acted with a conflict of interest while advising on tax liabilities.
Judge OKs ‘very disappointing’ AMP class action settlement, cuts fees
A judge has approved a $120 million settlement in a class action against AMP that followed the banking royal commission, saying while it was a “very disappointing outcome” for group members it was still fair and reasonable.
Coles challenges ACCC’s block of supermarket site acquisition
Coles has asked a tribunal to clear its proposed acquisition of a leasehold interest in a supermarket and liquor store site in Kalgoorlie, arguing the ACCC's finding that it would substantially lessen competition was "not objectively correct".
NAB’s WealthHub hit with $1M fine for ASIC reporting failures
ASIC's Markets Disciplinary Panel has slapped NAB broker WealthHub Securities with a $1.055 million fine for failing to accurately report regulatory data. 
Construction PRO
APAC says default notice valid at least against Dexus selling shareholders
Airport operator APAC says a default notice sent to Dexus over confidentiality breaches is at least valid against shareholders that initiated a botched sales process, hedging its bets in an appeal of a ruling that forces a sale of the asset manager's entire stake.
Radio veteran brings unfair dismissal suit against 3AW Melbourne
Veteran radio presenter Tony Tardio has filed a lawsuit against his former employer 3AW Melbourne, alleging he was unfairly dismissed.
Star’s ex-boss, GC appeal $1.1M penalties over money laundering risks
The former CEO and chief legal officer of Star Entertainment are challenging a judge's orders that they pay a combined $1.1 million for failures in connection with anti-money laundering compliance.
Allens probe of KPMG whistleblower claims knocked by senators
An initial investigation by law firm Allens that cleared KPMG over a whistleblower's allegations of misuse of confidential data has been slammed by parliamentary committee members as lacking independence.
Construction PRO
Tesla says NSW EV charge may be invalid after High Court ruling
Car makers Tesla and Hyundai have argued NSW's law imposing a road-user charge on electric vehicles may be invalid following a High Court decision which struck down Victoria's EV tax as an invalid excise, while urging the state government not to introduce any new road charges.