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Lawsuit claims Melbourne Airport’s warehouse construction not up to snuff
Construction 2025-08-29 11:28 pm By Cat Fredenburgh

A supplier of power tools has taken Melbourne Airport’s owner to court alleging a warehouse it constructed on leased premises at the airport’s business park was defective and incapable of being occupied.

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Noni B owner to cop $25M penalty for delivery time promises
Competition & Consumer Protection 2025-08-28 11:44 pm By Cat Fredenburgh

Noni B owner Mosaic Brands has been hit with a $25 million penalty for breaching consumer laws by failing to delivery 740,000 packages within the time frame specified on its website.

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ASIC cancels MWL Financial’s licence over Shield Master Fund investments
Financial Services 2025-08-28 11:12 pm By Cat Fredenburgh

The corporate cop has cancelled the financial services licence of MWL Financial and banned its director for 10 years for allegedly directing more than 750 clients to invest a combined $155 million into Keystone’s failed Shield Master Fund.

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Celebrity surgeon appeals loss in defamation case against Nine
Defamation 2025-08-28 11:26 pm By Cat Fredenburgh

Orthopaedic surgeon Dr Munjed Al Muderis has appealed his loss in a defamation case against Fairfax and its owner Nine, after a judge found media reports of unethical and profit-driven promotion of an experimental procedure were substantially true.

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Construction PRO
TagEnergy acquires renewables developer ACE Power
Energy & Natural Resources 2025-08-28 11:32 pm By Cat Fredenburgh

French renewable energy company TagEnergy has scooped up Australian renewables developer ACE Power, acquiring a portfolio of 6GW battery, wind and solar projects.

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Nuix must foot $20M in legal bills given ‘notorious’ costs of securities class actions: judge
Insurance 2025-08-27 11:31 pm By Cat Fredenburgh

Nuix is on the hook for $20 million before its insurers will cover its legal bills for suits over its $1.8 billion float, with a judge saying there was a good reason for the significant retention given the “notorious” expense of securities class actions.

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Slater & Gordon to usher in new leadership after email scandal
Business of Law 2025-08-26 11:36 pm By Cat Fredenburgh

Slater & Gordon is poised for new leadership, with chair James MacKenzie and two other directors set to depart in the wake of a scandal that saw all staff salaries disclosed in a firm-wide email.

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Construction PRO
Ki Corporation, Public Storage pull $2.2B offer for Abacus Storage King
Real Estate 2025-08-26 11:56 pm By Cat Fredenburgh

A consortium of Ki Corporation and New York Stock Exchange-listed Public Storage has pulled a $2.2 billion offer to acquire Abacus Storage Kings.

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Construction PRO
‘Perverse’: Court lambasts delay in ruling on challenge to Woodside’s North West Shelf
Energy & Natural Resources 2025-08-25 11:13 pm By Cat Fredenburgh

Two elections and three different Environment Ministers later, and a heritage application to protect Murujuga rock art from Woodside’s activities on the North West Shelf remains undecided — a delay blasted by a judge as unreasonable and perverse.

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Construction PRO
Maplewood acquires Perth site for student housing development
Real Estate 2025-08-25 11:23 pm By Cat Fredenburgh

Singapore-based developer Maplewood Investments has acquired a 1,398 square metre site in Perth’s CBD to develop a premier 835-bed student housing accommodation.

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