Industries

The Australian Securities and Investments Commission is taking a third swing at cyber enforcement proceedings, suing financial planner Fortnum Private Wealth after a breach saw the data of 9,000 clients published to the dark web. 

An appeals court has confirmed a finding that despite contractual arrangements mandating service by 5pm, a $3.2 million payment claim emailed to Roberts Co after hours on a Friday was validly served.

Property giant Dexus has acquired a 25 per cent stake in Australia’s second-largest regional shopping centre from Scentre for $683 million.

An Aboriginal corporation joined to Regis Resources’ fight against a decision related to its McPhillamys gold mine wants a costs capping order, concerned the mining company could otherwise “police" its conduct in the case.

Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.

Northern Star’s $1.3 billion Hemi gold project in the Pilbara is facing a challenge to the Western Australian Environmental Protection Authority’s decision to green light the project.

Ord Minnett has resolved a suit by a former exec claiming he was sacked for complaining about a $110,000 pay cut imposed after ASIC slapped the wealth management firm with a $880,000 penalty for breaching market integrity rules.

The applicant in one of four declassed COVID-19 business interruption class actions has reached a settlement under which it will receive $100,000 and the funder the backed the case will pay $1 million towards Insurance Australia's costs.

UK Infrastructure consultancy business Amey is returning to Australian shores after acquiring local consultancy Premise.

A court has permanently stayed a case by a founding director of solar developer Sun Bred, saying that if the company was forced to defend the suit, there would be less than $71,000 left to meet the exec's $8.5 million claim.