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Construction PRO
Dexus said Wednesday it would simplify its $7 billion infrastructure division and refocus the business following a strategic review sparked by its costly dispute with Melbourne Airport's operator.
Construction PRO
Coles’ proposed acquisition of a leasehold interest for a new Kalgoorlie supermarket will push the local IGA store out of the market, a tribunal has been told.
Uber's bid to halt an order for reactivation of a driver who went over the speed limit on four trips has been rejected by the Fair Work Commission, which said the rideshare giant had not established any risk arising absent a stay.
A Victorian couple has launched a lawsuit against global giant Sony, alleging the company's TV had a safety defect that caused a house fire resulting in $1.6 million worth of damages and the loss of the family dogs.
Construction PRO
Woodside Energy has shed its interest in the Sunrise LNG project, entering into an agreement with Timor GAP to exit the joint venture for $285 million (US$200 million).
Apple will seek an expedited appeal of a finding that it engaged in anti-competitive conduct in relation to its App Store and orders forcing it to allow third-party app marketplaces and in-app payment solutions for Australian users.
Construction PRO
Infrastructure fund manager Dexus must pay a total of $30 million in legal costs to Australia Pacific Airports Corporation and fellow APAC shareholders, after losing its case over a default notice that has forced a sale of Dexus' stake in the airport operator.
Apple has been ordered to reinstate Epic Games' Fortnite game to its App Store in Australia and allow developers to offer in-app payment methods to Australians, after it was found to have breached competition laws.
A judge has refused a bid by fund manager Blue Sky for an extension in a shareholder class action, saying the amount of costs wasted in the case by “unreasonable positions being taken” was "astounding".
Optus has urged a court to make orders requiring group members to register for a data breach class action that covers 9.5 million people, but the lead applicant argues the case should remain open.