WiseTech’s Sydney office has been raided by federal police and the corporate regulator as part of an investigation into share trading by its billionaire chairman and founder Richard White and three others.
The events described by an ex-Master Builders Association board member read like a best-seller, involving as they do boardroom drama, a secret investigation and an alleged whistleblower. But as thrilling as they sound, they don’t support orders for discovery against the construction lobby group, a judge has said.
The federal government has approved a battery energy storage system in the Western Downs region in Queensland in just 19 days.
The ACCC has taken Microsoft to court, alleging the software giant misled 2.7 million customers of its 365 product suite into believing they had to subscribe to its AI assistant Copilot, knowing they were sceptical of the new product.
The Business Council of Australia has released a report calling for policy reforms to facilitate private sector infrastructure development, including changes to the EPBC Act.
Insurer Marsh wants the Full Federal Court to overturn a ruling barring it from pursuing claims in a UK court over the failure of Greensill Capital.
ASIC has secured an interim injunction against financial adviser Ferras Merhi, whose network of advisers is accused of leading thousands of clients to invest $526 million into two failed funds.
Jones Day has poached a top class actions lawyer from Herbert Smith Freehills who has worked on some of the country’s largest representative proceedings over the course of her 17-year career.
Environment minister Murray Watt has resisted calls to split proposed legislation that would overhaul the country’s environment laws to allow business-friendly parts of the law to move forward first.
A partner who has advised on landmark energy and infrastructure projects is headed back to Ashurst, after a two-year stint at Gilbert + Tobin.