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A judge says a shareholder class action against IAG can add a new damages claim, despite the insurer arguing it was untethered from any contravention and “clearly bad in law”.

Lendlease will sell its stake in the Keyton Retirement Living Trust to Aware Super for $525 million as the property giant looks to trim its debt. 

Superannuation trustee Diversa is facing an investigating by the Australian Prudential Regulation Authority into its executive remuneration practices.

Engineering services firm Worley has taken last month's landmark loss in a shareholder class action to the High Court, challenging the Full Federal Court's embrace of market-based causation and its adoption of the facilitation principle.

The Greens party has called for a moratorium on Australian data centres, with Senator Sarah Hanson-Young saying Australia is “sleep walking into an AI crisis”.

A financial licensing expert has predicted that cryptocurrency firm Block Earner will have to produce the legal advice that saw it avoid a penalty at first instance, after the High Court found last week that it needed a financial services licence. 

South Australia will introduce legislation to speed data centre development and artificial intelligence infrastructure, aiming to capitalise on the AI frenzy amid concerns about the facilities’ energy and water usage. 

A full bench of the Fair Work Commission has attacked an Uber driver's "unreasonable" reliance on artificial intelligence to prepare his complaint, saying it was part of an increasing trend of applicants abusing generative AI.

The former boss of Metigy has been sentenced to nine years behind bars after pleading guilty to misusing company funds and providing false information to investors, who pumped $40 million into the AI start-up.

A failed class action against former NAB super fund trustee NULIS Nominees over $165 million in conflicted remuneration has asked the High Court to revive the case and provide clarity on the fees for-profit trustees can charge for their compensation.