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Fintech Bano to be kicked off Banking Circle platform over AML/CTF risks
A judge won't force alternative banking provider Banking Circle Australia to continue providing services to fintech Bano, finding the platform faced a real risk of breaching anti-money laundering and counterterrorism financing laws if the relationship continued.
After nine years on ice, Obeids press on with cases against ATO
Twelve cases brought by Labor politician Eddie Obeid and his family against the tax office are back on track after they were stayed in 2017 pending the outcome of a criminal prosecution against Obeid and his son Moses.
Construction PRO
Devcorp liquidators get more time for claims over $130M projects
Liquidators appointed by the court to five companies behind $130 million worth of construction projects in Brisbane have won more time to bring potential claims while they investigate several matters, including an allegedly “very odd” tax situation.
Class action settlements off to a slow start in 2026 after record $1.6B year
Class action settlements are off to a sluggish start in 2026, with only two mega-settlements of $100 million or more reached and the country's leading plaintiff law firm yet to get on the board.
Construction PRO
Developer of Sydney’s Honeycomb Terraces freed to sell lots to pay debts
An appeals court has relaxed freezing orders against Sydney property developer Golden Rain, allowing it to sell property to repay its debts while it defends a $26 million defects claim by the owners corporation of the Sugarcube Apartments and Honeycomb Terraces developments.
iSignthis loses $690K fight with early investors over performance shares
A judge has ruled that two early investors in iSignthis are entitled to $689,662 in compensation after finding that the fintech breached an agreement entitling them to performance shares in the company. 
Ex-ANZ units hit insurers with $182M suit over fees-for-no-service bills
Former ANZ subsidiaries have filed proceedings against three insurers claiming they wrongfully denied coverage for $182 million in compensation and costs relating to financial adviser breaches to retail clients. 
Queen wins removal of blogger Constance Hall’s fashion label mark
Blogger and fashion brand founder Constance Hall has failed in defence of her 'Queen the Label' trade mark in a fight with UK rock band Queen.
Construction PRO
Dexus sues insurers over $16.5M MLC Centre waterproofing remediation bill
Dexus has dragged five of its insurers to court seeking indemnity for more than $16.5 million in remediation costs stemming from alleged defects in the waterproofing system that was installed as part of the $150 million redevelopment of Sydney's MLC Centre.
Construction PRO
APAC says default notice valid at least against Dexus selling shareholders
Airport operator APAC says a default notice sent to Dexus over confidentiality breaches is at least valid against shareholders that initiated a botched sales process, hedging its bets in an appeal of a ruling that forces a sale of the asset manager's entire stake.