Industries

A court has rejected a property developer's bid to challenge a payment claim decision that found in favour of collapsed builder Kenik, the contractor on a $14 million Coles and Liquorland in Taringa.

A class action alleging negligent management by the Murray Darling Basin Authority can amend their case four weeks into trial, with a judge finding the late application was not the result of a “deliberate forensic decision”.

Acciona has filed cross-claims against engineering firms SMEC and Jacobs Group after being joined to a class action over a deadly bus accident in NSW’s Hunter Valley.

Advised by Corrs Chambers Westgarth, uranium producer Paladin Energy has raised $300 million to advance its Patterson Lake South project in Canada.

The federal government has announced its plan to reduce emissions by between 62 and 70 per cent on 2005 levels by 2035, a target the Climate Council has described as “timid".

Products offered by La Trobe Financial Asset Management are the subject of interim stop orders by the corporate regulator, which claims the investment schemes are unsuitable for everyday investors.

The privacy commissioner has found Kmart Australia breached privacy laws by using facial recognition technology in its stores to combat refund fraud, finding the privacy invasion was disproportionate.

ASIC has confirmed it is investigating at least one ratings house which said Keystone’s failed Shield Master Fund was of 'investment grade', as the corporate watchdog seeks to claw back $480 million in investor funds. 

The federal government is slashing costs and red tape for offshore wind developers, in a bid to attract investment to the burgeoning industry. 

A judge has set aside an adjudicator’s decision that the head contractor for a luxury Gold Coast tower owes fitout company Starline $1.5 million, finding the subcontractor had obtained a District Court judgment over the same project.