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Macquarie's board will no longer back the appointment of KPMG to replace PricewaterhouseCoopers as the group's auditor, following claims audit partners used confidential client information to win tenders.

Shine Lawyers has written down its work in progress and disbursements by $13 million from a class action after an "unexpected" judgment, it said Friday, a week before the release of its 2026 financial year results.

Mall owner Scentre Group has sold a 50 per cent stake in Westfield Mt Gravatt to Australian Retirement Trust for $882.5 million, taking to over $3 billion its capital raising from joint venture sales in the past year.

A Sydney silk who recently represented singer Guy Sebastian and the liquidators of the Tahmoor coal mine has been tapped to join the NSW Supreme Court.

Bendigo and Adelaide Bank has been hit with enforcement action by the prudential regulator for cybersecurity failures by a former business, and has agreed to an $8 million penalty.

Businesses in two cases against Lloyd's and QBE over COVID-19 losses have failed in an appeal of a ruling stripping the suits of class action status.

A native title group has won an appeal to the High Court over a 30-year licence granted by the Northern Territory government to Fortune Agribusiness to extract groundwater for irrigation on its property.

As proof of its popularity as a class action jurisdiction, the Supreme Court of Victoria will hear opening submissions in three class action trials on Monday, an unprecedented number in a single day for the court.

Inpex says damages against AkzoNobel could increase "very significantly" if the court adopts its position on a referee's report and it succeeds on liability in its suit over allegedly defective anti-corrosive coating used on the $45 billion Ichthys gas project.

Monadelphous Group subsidiary Kerman has secured a $165 million Rio Tinto contract for the design and construction of facilities at the mining giant's Brockman Syncline 1 project in the Pilbara.