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ASIC wants $85M in fines against Harvey Norman, Latitude, says GC apology ‘performative’
ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
Sydney developer sues Fairfax for defamation over arson story
The owner of Sydney developer Coronation Property has sued Fairfax for defamation over a Sydney Morning Herald story that allegedly linked him to arson attacks on two childcare centres and the home of YouTuber Jordan Shanks. 
Mining tech firm’s light tower invention not new or innovative: court
Mining equipment supplier Southern Cross Industrial has lost its suit alleging an industrial lighting manufacturer infringed its patent for a portable light tower, with a judge finding the patent invalid.
Construction PRO
Russia loses High Court fight over embassy lease termination
Russia has lost its High Court challenge to the federal government’s decision to terminate its lease on a site where it intended to build a new embassy in Canberra, but the court found the Commonwealth must pay the country reasonable compensation. 
Judge rejects ratchet contingency fee in MinRes class action
A judge has ordered a flat contingency fee at a rate below the maximum sought by the firm running a class action against Mineral Resources, agreeing with a colleague that recent shareholder class action losses don't justify a higher percentage.
Construction PRO
Veolia to pay $1M after admitting landfill odour breaches
Waste management firm Veolia has agreed to pay $1 million after admitting that it failed to use required odour source controls for its landfill site in Hampton Park, Victoria.
Mobil to cop $16M penalty for misleading consumers about fuel
Mobil Oil has agreed to pay a $16 million penalty after admitting it ran false ads in far North Queensland claiming it was selling a specific brand of fuel with certain benefits, when in fact it was suppling ordinary fuel. 
$200M Cudlee Creek bushfire class action goes to trial after partial settlement
A class action on behalf of thousands of victims of the December 2019 Cudlee Creek bushfire has reached a confidential settlement with two individuals, while claims worth $200 million against SA Power Networks have proceeded to trial. 
Construction PRO
Loss of affordable housing ‘not fatal’ to Annandale development: court
A Sydney developer has won a dispute with the Inner West Council over its Annandale housing project application, despite a court finding it would cause a loss of affordable housing. 
Construction PRO
Billboard company Manboom loses trespass case against Jemena Gas
Billboard company Manboom has suffered a loss in its case against Jemena Gas alleging the presence of underground gas infrastructure at a site in Mascot, NSW that supplies gas to 1.6 million customers amounts to trespassing.