Anna Macdonald

A former Macquarie director has given evidence that it would have been "prudent" for Nuix to have reduced its sales forecast, as a shareholder class action hearing over the software company's float on the ASX enters its third week.

A judge has dismissed a $1 million freezing order sought by Sydney MP Alex Greenwich against former One Nation politician Mark Latham, finding there was not sufficient proof that Latham was planning on selling a property for less than market value. 

Nuix's former boss Rod Vawdrey was almost ousted in 2019, a trial court heard Thursday, with a shareholder class action pointing to a board paper that referred to the software firm's “toxic, no-trust, fear-based culture”. 

A judge has rejected India's bid to register the word 'basmati' as a mark of geographical indication, saying the rice certified by the country could not be distinguished from rice of the same type grown in Pakistan.

An Australian Super entity is exempt from a $36.2 million tax assessment following the rezoning of a property in Dingley Village, in the first tribunal decision under Victoria's Windafall Gains Tax Act. 

Edify Energy has reached financial close on two solar and battery projects near Townsville, paving the way for construction to begin on the developments, which are expected to supply enough electricity to power more than 100,000 homes.

An email from Nuix's former CFO that referred to financial results as “worse than terrible” was an attempt to push the sales team to meet targets, a trial court has heard in a class action alleging misleading market disclosures ahead of the software firm's $1.8 billion IPO. 

The federal and NSW governments have committed $2.5 billion to save Rio Tinto's Tomago Aluminium smelter in the Hunter region. 

Western Sydney will become a growth engine over the next two decades, while the greatest share of new housing will be developed in the eastern suburbs, according to a 20-year blueprint released by the NSW government.

A failure by software firm Nuix to meet internal budgets ahead of its $1.8 billion IPO in 2020 was the result of “ambitious targets” to incentivise the company's sales staff, a court was told Tuesday.