Industries

AUSTRAC wants Star to pay a $400 million penalty for breaching anti-money laundering and counter-terrorism financing laws, while the company claims a penalty of more than $100 million would tip it into liquidation. 

Collapsed gold mine owner Kirkalocka has brought a High Court challenge in a dispute with energy company Zenith over the ownership of a power plant in WA, saying the case raises important issues about the operation of security interests. 

The environment minister has argued there is no “screaming urgency” in hearing a traditional custodian’s legal challenge to Woodside’s bid to extend its North West Shelf gas project by 40 years. 

Owners of apartments at Meriton's Alcove St Ives will fight a defence by the developer's building unit they say goes against court orders made allowing them to greatly expand their case.

Auckland-based casino operator SkyCity plans to file a $278 million suit against Fletcher Building over alleged losses stemming from the delayed construction of the New Zealand International Convention Centre.

The owners of land acquired to build the Mordialloc Freeway have lost a bid for $52.8 million in compensation, with an appeals court affirming that they are only entitled to $2.24 million because of prior compensation paid on the land.

Westpac’s mortgage subsidiary RAMS Financial Group faces penalty proceedings by the corporate regulator after admitting to "widespread" misconduct.

Parkview Constructions has reached a settlement in an owners corporation’s lawsuit over allegedly combustible cladding at the Australia Towers in Sydney Olympic Park.

A contractor who worked on the Westmead Children's Hospital is seeking orders compelling Roberts Co to make a $3.2 million progress payment, arguing service past business hours on Friday was still Friday service.