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The Prime Minister has appointed former High Court Justice Virginia Bell to lead a royal commission into antisemitism in the wake of the Bondi terrorist attack, in which 15 were killed during Hanukkah celebrations.
A bid by the Victorian Liberal Party to summarily toss a challenge to a $1.5 million advance made to former leader John Pesutto for defence costs in a defamation suit has failed, with a court finding there is a case to be tried about the validity of the loan.
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
Construction PRO
Monadelphous Group has won a $110 million contract with offshore engineer BW Opal to provide maintenance services at a facility off the coast of Darwin.
Reforms to Australia's merger review regime kicked in on 1 January, but late-breaking amendments to the new laws mean changes to notification thresholds and further exemptions.
Fresh off being sued by ASIC for investing $300 million into Falcon Capital’s failed First Guardian Master Fund, super trustee Diversa has been hit with additional licence conditions by the prudential regulator.
Construction PRO
Swiss-based investment firm Partners Group has exited the Australian wind market, selling its stake in a 242-megawatt wind farm in Victoria to Spanish energy company Iberdrola.
Construction PRO
Ashurst has nabbed a partner from Norton Rose Fulbright to join its global projects and energy transition team.
Super trustee Netwealth has agreed to return over $100 million to members who invested their retirement savings in the First Guardian Master Fund, in the latest action by the corporate regulator over the failed fund.