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ACCC raises concerns over IAG’s proposed $1.3B takeover of RACWA
The competition watchdog has raised concerns that IAG’s proposed $1.35 billion acquisition of the RACWA's insurance operations could substantially lessen competition.
High Court ruling clarifies assessment of damages in personal injury cases
In a historic High Court decision, a Queensland man who suffered catastrophic injuries as a result of a hospital's negligence has won his bid for damages that allows him to receive medical care at home.
Construction PRO
Sharvain directors succeed in narrowing discovery in case by freight company
The directors of defunct Sharvain Facades have won a bid to narrow the scope of documents they must produce in a case by Commercial Freight and Logisticsw, which claims an equitable lien over real estate.
Construction PRO
‘Clearly untenable’: Court tosses CPB Contractor’s $63M disruption delay costs claim
A judge has struck out builder CPB Contractor's “clearly untenable” claim against Transport for NSW for $63 million in delay costs for work on the Pacific Highway upgrade.
SocGen hit with $3.88M fine for market gatekeeper failures
French bank Societe Generale has been hit with a $3.88 million fine for allowing two clients to place suspicious orders on the electricity and wheat futures market, following an investigation by ASIC.
Construction PRO
Government pledges $3.8B for Marinus Link project
In its largest ever investment, the federal government's Clean Energy Finance Corporation has pledged $2.8 billion for the Marinus Link project to build a second underwater cable between Victoria and Tasmania.
Construction PRO
Global Capital liquidators expand case over $50M development
The liquidators of real estate investment company Global Capital Property Fund have expanded their suit alleging breaches of fiduciary duties in relation to a $50 million Queensland development, adding special purpose vehicles for several developments in Victoria.
Construction PRO
NRW acquires Fredon Industries in $200M takeover deal
Perth-based construction and mining contractor NRW Holdings will acquire engineering company Fredon Industries in a $200 million takeover bid.
Construction PRO
Conditions for Ark Energy’s Tassie wind farm tweaked after activists’ challenge
A Tasmanian community group has lost its appeal against a decision by a local council to grant a permit for Ark Energy’s proposed St Patricks Plains Wind Farm, but a tribunal has ordered the wind farm to tweak its plans.
Liberal deputy Sam Groth launches privacy suit over Herald Sun articles
Victorian Liberal deputy leader Sam Groth and his wife, Brittany, have launched the first privacy suit of its kind over two Herald Sun articles that speculated about whether their relationship began when Brittany was underage.