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Construction PRO
Corrs advises Paladin on $300M capital raising for PLS development
Advised by Corrs Chambers Westgarth, uranium producer Paladin Energy has raised $300 million to advance its Patterson Lake South project in Canada.
Two barristers can grill witness in $30M Pact Group payout case
Packing giant Pact Group, owned by billionaire Raphael Geminder, has won its bid to have two barristers cross-examine an expert for logistics and supply chain company TIC Group when their dispute over a $30 million earn out payment goes to trial in December.
Super Retail Group CEO axed over alleged affair
Super Retail Group CEO Anthony Heraghty has been fired for inadequate disclosures about his affair with former HR head Jane Kelly, over a year after the retailer told investors an investigation found whistleblowers allegations about the affair were unsubstantiated.
Construction PRO
Abu Dhabi National Oil drops $30B takeover bid for Santos
A consortium led by the investment arm of Abu Dhabi's National Oil Company has dropped a $30 billion takeover bid for oil giant Santos.
AMP to pay $120M to settle superannuation class action
AMP has agreed to pay $120 million to settle a class action stemming from the banking royal commission which accused it of overcharging millions of superannuation members over a 12-year period.
Mastercard fights win for ACCC over in-house counsel communications
Facing allegations that it misused its market power with major retailers, Mastercard is challenging a ruling for the ACCC that lays bare discussions about merchant agreements involving inhouse lawyers.
Construction PRO
Government to award $500M in green iron grants
The Albanese government has launched a program lo award $500 million in grants for green iron projects, in a move to decarbonise one of the world's most carbon-intensive industries.
Construction PRO
Australian Retirement Trust invests $1B in Macquarie green fund
Australian Retirement Trust, a superannuation fund which manages over $350 billion in retirement savings, will sink nearly $1 billion into a Macquarie fund that's investing in solar, wind and energy storage projects.
Construction PRO
Western Australia to fast-track major projects for clean energy transition
Western Australia has introduced legislation that will allow it to fast-track major projects, as it aims for a more "coordinated, strategic" approach to infrastructure and energy transition investments.
AUSTRAC trims money laundering case against Entain
The financial crimes regulator has trimmed its case against the operator of online gambling sites Ladbrokes and Neds, UK-based Entain, alleging “systemic failure” to comply with its anti-money laundering obligations.