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ACCC considers regulating wholesale mobile services
The ACCC will examine regional mobile coverage across Australia and whether regulating wholesale access to some mobile services would improve customer outcomes, as part of a new inquiry.
After Worley, no more ‘nitpicking’ over class action loss evidence, court told
The fallacy that shareholders must precisely prove the amount of loss caused by a listed company's breaches has finally been exposed by the Full Federal Court, a trial judge has been told in a class action over the collapse of steel maker Arrium.
‘Worse than terrible’: Class action tells trial Nuix IPO should not have gone ahead
A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".
Class action to get less than half of $22.5M CommInsure settlement
A judge will approve deductions that will leave less than half of a $22.5 million class action settlement against two former CBA wealth management units left over for distribution to group members.
Construction PRO
Monadelphous unit Kerman wins $165M Rio Tinto contract
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.
Construction PRO
Lendlease secures Redcliffe Hospital rescue plan contract
Lendlease has been tapped by Queensland as preferred contractor for the Redcliffe Hospital expansion project in Moreton Bay, a key part of the government's hospital rescue plan.
Fortescue says class action can’t bring hostile workplace claim
Fortescue wants to strike out a class action's claim that it created a hostile workplace for women, arguing the allegation was not raised in a human rights complaint and can't now be pursued in court.
AMP faces fraud claim by sacked financial adviser
A banned financial advisor who is suing former employer AMP Financial Planning for alleged unconscionable conduct is seeking to join AMP Bank to the case, claiming it made fraudulent misrepresentations.
ACMA launches case against Optus over 2025 Triple Zero outage
As Telstra faces scrutiny over this month's nationwide Triple Zero outage, the communications regulator said Thursday it had brought action against Optus over last year's emergency call blackout.