Companies

ASIC has asked a court to hit Westpac with a $30 million penalty for IT failures which caused  financial hardship applications to be ignored, conduct a judge has described as "shocking" and "truly scandalous".

Woodside’s bid to extend its North West Shelf gas project by 40 years faces more resistance after Greenpeace's challenge was denied, this time through court action seeking protection of culturally significant rock art.

The lead applicant in a failed class action against NULIS Nominees has argued that any costs orders should be stayed until after its appeal, while the ex-NAB super trustee claims it should have $8 million in costs paid now. 

Building materials giant Boral has acquired the Wallan Concrete plant 45km north of Melbourne's CBD for an undisclosed sum, two months after its purchase of a Victorian sand producer.

Qantas should pay a penalty of the “highest order” for outsourcing its ground crew staff during the COVID pandemic, a union has argued, while a judge has questioned if he needs to send a message that "you can't play the court for a fool".

Vodafone has referred Telstra to the Australian Competition and Consumer Commission, and is considering taking legal action against its rival, over allegations Australia's largest telco made deceptive mobile network reach claims.

Administrators of construction company Roberts Co Victoria, which owes $272 million to 470 creditors, are justified in treating funds as if held on trust for subcontractors on six projects in Melbourne, a judge has found.

In explaining where CBA shareholders went wrong in proving damages from the bank's omissions over an AUSTRAC probe, the Full Federal Court has given class action plaintiffs the clearest indication yet of how they might win.

A former EY partner who is in court over an alleged tax exploitation scheme has been banned for five years by the Tax Practitioner’s Board, which claims he engaged in “serious, deliberate and dishonest” misconduct. 

Collapsed clothing brand Jeanswest has nearly $26 million in lease liabilities on stores nationwide, but buyers may bite, administrators have told the Federal Court.