Industries

Telstra could face a multimillion dollar fine from the telco regulator and a class action investigation after Wednesday's nationwide outage that affected over 600 emergency calls and downed the EFTPOS network.

A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has reached an in-principle settlement, two weeks out from trial. 

The corporate regulator is seeking penalty and disqualification orders against a financial adviser whose businesses allegedly earned $37 million for spruiking the collapsed First Guardian fund, a court has heard.

Viral plush toy maker Jellycat has fired off an IP suit against Coles, claiming the supermarket sold poorer quality, copycat versions of its popular anthropomorphic Christmas tree and wreath soft toys. 

The fallout from the KPMG leaks scandal has widened, with the corporate regulator launching a review of audit complaints to the Big 4 accounting firms. 

A judge has dismissed a case brought by a sand importer against the Port Authority of NSW seeking to recoup alleged lost profits and reliance damages falling from a lease agreement for a multi-user facility in the Sydney harbour. 

A HWL Ebsworth major projects partner has been fined $10,000 for unsatisfactory professional conduct after sending angry text messages to a builder over work on his home, including one message that threatened to "bite" him.

Gilbert + Tobin has launched a dedicated multidisciplinary real assets team to advise pension funds, sovereign wealth funds and others on real estate and infrastructure investments, saying the line between the investment classes has "all but disappeared".

A court has extended urgent freezing orders against the developers of the $133 million Babylon Apartments in the north-west Sydney suburb of Rouse Hill, in a dispute over a builder's payment debt.

A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has reached an in-principle settlement two weeks out from trial.