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NAB has agreed to pay a $15.5 million penalty for failing to respond to customer hardship notices, around half the size of the penalty ASIC is seeking against Westpac for similar breaches of the Credit Code.
A judge has expressed doubt about the need for expert evidence in class actions against McDonald's and KFC over their alleged failure to give workers rest breaks, saying “I imagine if you’re a worker, you’d like a rest”.
Construction PRO
A consortium led by the investment arm of Abu Dhabi's National Oil Company has launched a $30 billion takeover bid for Santos, the energy giant said Monday.
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Amazon will invest $20 billion in Australia's data centre infrastructure over the next five years to support the country's AI transformation.
Construction PRO
Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant's South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.
Construction PRO
The NSW government has announced an additional $835 million investment in Western Sydney's Aerotropolis, which the government expects will become a "thriving economic centre" with its proximity to the city's new airport.
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A Western Sydney developer must make good on an agreement to buy a rezoned greenfield site in regional NSW for $70 million and pay $2.2 million in interest, a judge has found.
Construction PRO
Specialist property and finance lawyer Emile McPhee has joined Hamilton Locke's national real estate markets team.
Red Bull has won its opposition to a Chinese beverage manufacturer’s bid to register 'SeaBull' as a trade mark for non-alocoholic drinks, with an IP Australia delegate finding the mark is deceptively similar to Red Bull's.
A new statutory tort targeting serious invasions of privacy came into effect on Tuesday, raising new risks for companies, including publishers.