Industries

The owner of Sydney’s Randwick Racecourse has won its bid for a stay on the appointment of an administrator by regulator Racing NSW, which has raised concerns about a “material uncertainty” in the club’s accounts. 

A judge has dismissed a bid by two Liberty Steel companies to stay a case brought in NSW by administrators for collapsed supply chain finance company Greensill while a related case in the UK proceeds. 

Maas Group Holdings has sold its construction material division to Heidelberg Materials for $1.7 billion, vowing to use the proceeds of the sale to invest in AI and digital infrastructure assets after acquiring a minority stake in AI data centre company Firmus.

Leading construction barrister Gregory Sirtes has been sworn in as a judge on the NSW Supreme Court, praised for the impartiality he showed in defending a strata manager against a challenge by a miniature schnauzer named Angus to a blanket ban on pets.

A judge wants more information before allowing Acciona employees to access documents from the company's Swiss rival and co-defendant in a dispute over the receivership of the East Rockingham waste-to-energy project. 

Renewables investor Octopus Australia has acquired a battery energy storage system in NSW and a solar farm and battery project in Queensland, expanding its $16 billion renewables portfolio.

A subsidiary of gold mining giant Newmont has been hit with a class action alleging residents near its Cadia mine in Orange, NSW have been exposed to a "toxic trifecta" of air, land and water pollution.

Mercedes-Benz has hit back at a class action over alleged emissions cheating, denying its cars were fitted with defeat devices and arguing any engine features found to act as such devices were needed for safety.

A judge has rejected Apple's bid for $1 million in security for costs for a patent-holding company's appeal in its failed IP case over the tech company's Touch ID and Face ID technology.

The Parramatta Eels has flagged the possibility of joining the Melbourne Storm to its case against wantaway player Zac Lomax, saying the rival club may need to answer claims it entered into discussions “in bad faith”.