Industries

The ACCC will look deeper at IAG's proposed acquisition of the RACWA's insurance operations for the second time, saying there were concerns the transaction could substantially lessen competition.

The Federal Court has taken a more permissive approach to the use of generative AI than the NSW Supreme Court, allowing tools like ChatGPT to be used in creating affidavits with the proviso that the use must be disclosed.

Builder Watpac has lost its bid for a separate hearing on whether a guarantee provided to the developer of Sydney's One Central Park is time-barred, with a judge saying the question should wait until $180 million in defects claims are determined.

APAC issued a default notice to Dexus' infrastructure fund manager for a purported breach of a shareholder agreement during a share sales process to "get rid of" it, a trial has heard.

Glencore has failed on appeal in a case against Port of Newcastle, with an appeals court finding the coal company could not rely on submissions in litigation leading up to a final determination of the port's access charges.

Watpac and a consortium that includes a unit of a Chinese government-owned firm are set to compete for a tender to build the controversial Macquarie Point Stadium in Hobart.

Fletcher Building has won approval to sell its construction division to France-based VINCI Construction for NZ$315.6 million.

A Toorak developer has been barred from calling on nearly $500,000 in security, with a court finding an allegation against contractor Kronstruct was “irrational and misconceived" and did not result in the alleged $1.6 million loss. 

Previewing Monday's closing arguments in its legal tussle with the operator of Melbourne Airport, co-owner Dexus says it won't deny a long-term model given to potential share purchasers was confidential. But here's the kicker -- the disclosure didn't run afoul of its shareholder agreement, it says.

The former lawyer for Broken Hill Council, who was ordered to return over $2 million in unauthorised fees, has been socked with a $1 million order for indemnity costs for “exceptional” conduct in a case over his firm's rates.