Industries

Mastercard argued Wednesday it relied on legal advice in drafting alleged anti-competitive deals with major retailers, as the judge questioned the reliability of some witnesses for the payments giant, who recalled "virtually nothing".

Insurers Marsh Limited and Insurance Australia Limited are seeking production of two reports by Deloitte commissioned by a Swiss law firm in litigation over the collapse of supply chain finance company Greensill Capital. 

The ACCC has signed off on Ampol’s $1.1 billion acquisition of fuel and convenience retailer EG Australia after it agreed to sell off some of its fuel sites, the first deal cleared under a complex phase two review.

A judge has closed a racial discrimination class action against Adani’s Australian mining business after finding that it sought to go “much further” than the complaint filed with the Australian Human Rights Commission.

Noting the aging group members, a judge has pushed the parties in two class actions against aged care facilities over COVID-19 outbreaks to shoot for a 2027 or early-2028 trial date.

Kicking off its appeal of a finding that it couldn't walk away from a $672 million merger agreement with Mayne Pharma, US drug company Cosette has told a court that Mayne was not upfront about its financial position prior to the deal.

Woolworths has take Victoria's Suburban Rail Loop Authority to court, alleging it's owed $70 million for the authority's compulsory acquisition of a logistics site in the Melbourne suburb of Notting Hill.

Tasmania will receive its first submarine fibre optic cable in 20 years, as part of an agreement between startup Firmus and telecommunications company Subco to invest in the state’s AI infrastructure.  

Melbourne underworld figure Mick Gatto was arrested on Wednesday and later released as part of an investigation into alleged financial offences.

A five-story office building in East Perth that has held a long-term lease with the government of Western Australia has sold for $10 million.