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ANZ's New Zealand unit says it may be on the hook for $102.5 million (NZ$125 million) after losing a class action alleging it failed to repay fees and interest wrongly charged to customers who took out home or personal loans.
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The federal government has awarded contracts to 10 new renewable energy projects in Western Australia, which will deliver a combined 1.9 gigawatts of renewable energy and 484 megawatts of battery storage.
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Australia has signed a critical minerals agreement with Japan, under which it will invest up to $1.3 billion in critical minerals projects with its Asian ally to help reduce dependence on China.
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Piper Alderman has hired a leading real estate partner from Clayton Utz who brings in-demand expertise on renewable energy and large-scale developments to the firm.
ASIC has opened an insider trading investigation into the trading of retailer Accent Group's shares, asking the company to preserve communications by its CEO Daniel Agostinelli.
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A judge has tossed a suit seeking to recover a $1 million deposit on a $20.7 million agreement to purchase the former Jon Adgemis-owned Hotel Diplomat in Potts Point, after the deal fell through over concerns about mould and water ingress.
A company owned by ex-Goldstone Private Equity managing director Alexandra Commins can't assert privilege over Thomson Geer advice that was provided jointly to her business partner James Angelis, ahead of a hearing on penalty after the court found the PE firm acted oppressively towards her.
Another former director of collapsed Melbourne over-the-counter derivatives broker Berndale Capital Securities has pleaded guilty to misusing company funds, after his fellow director was sentenced to prison time.
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The owner of Darwin Port, Landbridge Group, has brought arbitration proceedings against the Australian government following threats that it will force the Chinese firm to sell the port.
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Gadens has brought on eight new partners, building out its offering for in-demand practices like corporate, financial services and real estate and construction.