Industries

The trial judge in enforcement action against Mastercard had harsh words Thursday about the company's witnesses, including a top executive whose testimony he said was "most unsatisfactory and unimpressive".

A class action against Optus over a 2022 data breach that affected 10 million customers has won leave to intervene in parallel cases by the media authority and information commissioner.

Former Keystone Asset Management director Paul Chiodo has been ordered to produce books in his possession as well as bank account statements of family members, as he defends himself in a case over alleged misappropriated money.

ASIC is continuing its crackdown on tardy financial reports, slapping the companies that operate Zara, H&M and Sephora with a combined $596,000 in infringement notices for not filing their reports on time.

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. 

NSW builder Hort Constructions is seeking urgent orders to restrain Iluka Resources from calling on a $1.45 million bank guarantee, claiming the mining company is seeking the funds for an improper purpose.

Shell is seeking to recover $83 million from former joint venture partners Woodside and Paladin after the Commonwealth imposed a levy to cover the cost of decommissioning an abandoned offshore oil platform off the coast of Darwin.

A New South Wales-based Aboriginal charity can't make submissions in support of a former coal mine's pivot to biomass fuel, with a court rejecting the argument that its concerns would not otherwise be raised. 

The federal environment minister has rejected two emergency applications to declare the planned site for an Olympic stadium at Brisbane's Victoria Park a significant Aboriginal heritage area.