Industries

NSW engineering firm Daracon Group has failed to overturn a state independent planning commission’s decision which rejected its plan to expand a hard rock quarry in the Hunter Region.

Reflecting renewed interest in office assets, property investment company Charter Hall has launched a $147 million unlisted trust for investors to buy into two fully-tenanted office buildings in the ACT and Queensland.

The judge who tossed a class action by Quintis' shareholders should have found a restatement of assets would have materially affected the sandalwood company's share price "as a matter of common sense", a court has been told.

The Western Bulldogs football club has lost its bid to avoid a jury trial in a second lawsuit by a fan alleging he was sexually abused as a boy by a club volunteer in the 1980s.

A law firm is looking into a potential class action on behalf of investors who pumped $1 billion of their superannuation into two failed funds, amid fears by ASIC of "catastrophic" losses.

The Full Court has rejected ASIC's appeal of a ruling that fintech Finder did not need a financial services licence to sell its defunct cryptocurrency product, saying the product did not involve a debt for money. 

Westpac can shield reports prepared by Allens from a class action over money laundering compliance, with a judge finding they were produced predominantly in defence of AUSTRAC action that preceded the case.

The co-owners of the Pacific Werribee shopping centre in Victoria are seeking to join collapsed builder Probuild’s primary insurer AIG and several excess insurers to their case over $356 million in alleged defects.

A number of contractors have been added by builder Hansen Yuncken to a $14.3 million dollar lawsuit by Deakin University over alleged building defects at its Burwood campus.

A court has ordered companies in billionaire Bob Ell's Leda Group to pay a senior executive $178,000 for terminating his retainer without adequate notice, ending what the court heard was an abusive working relationship.