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Online retailer digiDirect has been hit with $99,000 in penalties after the ACCC accused if making misleading strikethrough price claims on its website.
Construction PRO
Japan-based Optimus has sued Grant Thornton for allegedly giving negligent restructuring advice following its acquisition of dealership group Autopact, which resulted in the company owing $3 million in stamp duty, income tax and other costs.
Construction PRO
Telecommunications company Subco will build three new hypercables in the Indo-Pacific region, with its CEO warning AI factories will be "dead" without subsea connectivity.
Construction PRO
Ingenia Communities has rejected a revised $2 billion unsolicited takeover offer from private equity firm Warburg Pincus, which would require it to abandon its acquisition of land developer Peet.
Investment manager Macquarie has been hit with a second class action by investors who sank over $320 million of their superannuation into Keystone's collapsed Shield Master Fund.
NSW Supreme Court Chief Justice Andrew Bell has warned that AI creates new risks and liabilities for companies that will have to be sorted out in the courts as the government adopts a 'technology neutral' approach to regulation.
Avoiding court action, Mazda has agreed to an undertaking and offered refunds after an ACCC investigation into compliance with rules on access by independent mechanics to repair diagnostics.
Justice Rowena Orr, known by the nickname 'Shock and Orr' during her time as senior counsel for the banking royal commission, has been appointed president of the Victorian Court of Appeal.
REA Group's listings site will no longer require agents to provide it with all or most of their listings, after the ACCC expressed concerns the restrictive contract terms could breach competition laws.
Construction PRO
Construction firm Civmec has sued the joint venture behind the $8 billion Sydney Metro Northwest project seeking enforcement of an arbitration award.