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David Jones enters administration after talks with landlord break down
Rising costs and evolving shopping trends have forced 188-year-old department store David Jones into voluntary administration, a day after its landlord revealed the retailer had not paid rent since September.
Construction PRO
Data centres should face renewable energy, cumulative impact rules: committee
A parliamentary committee has recommend the NSW government require that data centres run entirely on renewable energy which they supply and that development applications be assessed according to their cumulative impact.
Construction PRO
ATO wants split trial in case over $300M Esso, Woodside tax bill
The Tax Office wants to hive off a contract dispute between Japanese conglomerate Mitsui and its Kipper gas field partners Esso and Woodside in a fight over a $298 million tax bill.
Keystone’s Paul Chiodo faces grilling in court over $1B collapse of funds
The property developer linked to collapsed investment funds Shield and First Guardian took the stand in court on Wednesday to face a grilling by liquidators, as investigators try to claw back the $1 billion in missing investor funds.
Reddit tells High Court social media ban warrants ‘intense scrutiny’
The High Court is hearing two challenges to the government's kids social media ban this week, with Reddit arguing the Commonwealth “cannot justify” the burden on the freedom of political communication.
Construction PRO
NextDC calls share raid by Goodman, Digital Realty ‘opportunistic’
Goodman Group and NYSE-listed Digital Realty Trust have made a play for a 9.9 per cent shareholding in rival NextDC in an aftermarket “share raid”, as the AI data centre operator faces class action probes into a $140 million revenue downgrade.
Construction PRO
Brunswick Heads land access bid rejected in Clarence Property pond row
A judge has rejected a bid for an elder to inspect land at Brunswick Heads in his claim that developer Clarence Property will breach laws against desecration of Aboriginal objects when it builds artificial frog ponds as part of its 123-lot residential development.
Phoslock class action to bring accessory claims against ex-boss, chair
A shareholder class action against water treatment firm Phoslock will bring new claims that the former managing director and ex-chairman are liable as accessories, a court heard Tuesday.
Construction PRO
Keystone’s Paul Chiodo grilled over unfinished developments
Property developer Paul Chiodo faced a grilling in court on Wednesday over seven unfinished property developments and the Shield and First Guardian investor funds used to finance them.
Underpayments class action ‘nowhere near’ roping in McDonald’s, court told 
McDonald’s has argued it can’t be on the hook for alleged underpayments by franchisees for continuous 10-minute rest breaks, saying there is not enough evidence to show it knew they were breaching an enterprise agreement.