The Queensland government will build a new $3.8 billion 63,000-seat stadium in Brisbane’s Victoria Park to host the opening and closing ceremonies of the 2032 Olympic Games.
Another fight over an $87 million mixed-use Canberra development may be on the cards, after the project’s liquidators won approval to assign potential claims against WSP and builder Construction Control over alleged stitch bolt defects.
A $750 million green hydrogen project in South Australia has been shelved in the wake of a feasibility study.
Star has extended the exclusivity period for a potential $940 million refinancing deal with Salter Brothers as the struggling casino operator races to head off insolvency.
Construction and engineering firm Gradian Group is suing a company partially owned by two former employees, alleging it has stolen its equipment and is poaching clients and suppliers, including Boral.
Origin Energy has been ordered to pay a record $17.6 million after admitting it breached Victoria’s energy rules, impacting over 670,000 customers.
A group member in a class action against Johnson & Johnson unit DePuy has filed an appeal after he lost a challenge to his compensation determination, 12 years after the case settled.
Grant Jones has been appointed general counsel at insurer AIA Australia after nearly a decade at competitor MLC Life.
A Toyota flex commissions class action can’t retroactively join claims about alleged junk insurance made in a separate case to protect against a limitations defence, with a judge describing such applications as “prima facie vexatious”.
The ACCC has found Coles and Woolworths operate as an oligopoly with “little incentive” to compete but has stopped short of recommending a break-up or similar strong measures, saying there is no “silver bullet”.