NAB has sued a group of insurers alleging they are liable to indemnify the bank for a $64.25 million settlement and associated defence costs in a superannuation class action against units MLC and NULIS Nominees.
A judge has rejected a former SBS employee’s case alleging she was unfairly dismissed due to her need to work from home for medical reasons, finding it was an “inherent requirement” of her role that she come into work.
Insurer Marsh has successfully appealed a finding that it breached its obligation not to use documents discovered in litigation over the $7 billion collapse of supply chain finance firm Greensill in separate proceedings.
Gaming company Light & Wonder will pay $190 million to settle Aristocrat’s litigation in Australia and the United States alleging it misappropriated trade secrets in developing two poker machines.
Liquidators of a collapsed developer have filed a High Court challenge after losing a bid to revive a lawsuit against a financier over the Pentridge Village development in Melbourne.
Queensland may remove a ban on property developers making political donations in state elections, with the corruption watchdog warning it could increase risks of corruption in the lead-up to the Brisbane Olympic Games.
Thiess has extended its operating contract for the Hunter Valley’s Mount Pleasant coal mine despite a looming High Court challenge over the mine’s expansion.
Engineering company Monadelphous has been awarded a long-term maintenance services contract with Rio Tinto valued at $300 million over five years.
Meta has sharply criticised Australia’s social media ban for children after confirming it removed over half a million Facebook, Instagram and Threads accounts in the first month of the ban.
The online regulator wants more information from X Corp about the safeguards built into its AI feature Grok, after a reported increase in its use to create sexualised or exploitative imagery.