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Construction PRO
York Property can’t call on bank guarantees in fight over $128M Gold Coast high-rise
A judge has found that Heran Group unit York Property can't call on $6.4 million in bank guarantees after finding builder Tomkins has a strong prima facie case that a $17.5 million payment certificate issued under contract to build a 119-Gold Coast residential tower was not authorised.
Hamilton Locke nabs three tax partners from K&L Gates
Hamilton Locke has lured three partners and their teams from K&L Gates, bolstering its tax offering in response to client demand.
Victoria ushers in law restricting NDAs in workplace harassment
A Victorian law that came into effect this month will fundamentally change how NDAs relating to workplace sexual harassment can be used in the state, says Kingston Reid's Katie Sweatman and Aneisha Bishop.
Treasury recommends splitting off audit function in Big Four firms
A Treasury report has suggested splitting audit functions off from multidisciplinary professional services firms, following whistleblower claims that KPMG leaked confidential client information.
Construction PRO
ICAC to probe political donations by property developer Jean Nassif
NSW's ICAC will hold a public inquiry this month to probe allegations that the state branch of the Liberal Party accepted political donations from fugitive property developer Jean Nassif.
Construction PRO
Clifford Chance hires big fish from Mallesons to lead real estate group
Clifford Chance has hired the head of Mallesons' real estate group and his team of five to lead its growing real estate practice in Australia, on the heels of hiring lawyers from Pinsent Masons and HSF Kramer to kickstart its construction and environment teams.
Corrs elevates two projects lawyers in latest round of partner promotions
Corrs Chambers Westgarth has followed other firms in bolstering its projects offering with its latest partner promotions, with two of the firm's four new partners boasting expertise on complex energy and infrastructure projects.
Construction PRO
Group pans NSW Coalition’s ‘irresponsible backflip’ on renewable zone
An environmental group has criticised the NSW opposition's plan to scale back the New England renewable energy zone, calling it an “irresponsible backflip”.
Agentic AI may force rethink of market regulation, ASIC says
In a new report, ASIC warns Australia risks losing ground to overseas competitors unless it provides more clarity on technologies like tokenised assets and AI, which the regulator said could shake up longstanding assumptions about intent and misconduct.
Class action law firm slams SA Sunday pay bill
A bill introduced by the South Australian government that would retrospectively strip workers of the right to earn Sundary penalty rates has been slammed by a law firm bringing class actions against retail and fast food giants.