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Paladin director disqualified in ASIC case over ‘entirely fanciful’ $1B valuation
Financial Services 2025-09-23 11:22 pm By Sam Matthews

ASIC has won banning orders against a Paladin and MacroLend director, with a judge finding investors were enticed by his “entirely fanciful” $1.02 billion valuation of Paladin unit Kradle Software.

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ACMA to look at Singtel’s investment in Optus network after Triple Zero failure
Telecommunications 2025-09-22 11:42 pm By Cat Fredenburgh

ACMA has kicked off an investigation into a 13-hour Optus Triple Zero outage connected to three deaths in two states, promising to look at Singapore-based parent company’s Singtel’s investment in the company’s network and reporting systems.

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Wiggles CEO ‘failed to appreciate’ founders had creative control, defence says
Employment 2025-09-22 11:11 pm By Christine Caulfield

Children’s music juggernaut The Wiggles denies claims in an adverse action case by its former CEO and says he was axed because he lost the trust of Captain Feathersword and the gang.

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Target, Kmart accused of selling knock-off Van Cleef jewellery
Intellectual Property 2025-09-22 11:55 pm By Cat Fredenburgh

The owner of luxury brand Van Cleef & Arpels has taken retailers Target and Kmart to court, alleging they infringed its trade marks and violated consumer law by selling jewellery that copy its hallmark clover and flower motifs worn by countless celebrities and royalty.

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EVP drags share sale parties into case against Strongroom AI
Healthcare 2025-09-22 11:56 pm By Cindy Cameronne

Venture capital firm EVP has added 20 parties to a lawsuit seeking to recoup its $10.4 million investment in Strongroom AI, as a judge extended freezing orders against directors of the med-tech start-up.

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Builder Devakon hit with $120K judgment for defects in Malvern development
Construction 2025-09-23 11:37 pm By Sam Matthews

Builder Devakon has been ordered to pay $120,000 to remedy defects in an apartment development in the Melbourne suburb of Malvern East, dodging the owners’ bid for damages of almost $1 million.

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Cobolt fights Duke developer’s recourse to security in feud over project
Construction 2025-09-23 11:16 pm By Christine Caulfield

The builder of the Duke apartment complex in the inner city Melbourne suburb of Collingwood wants a court to block the property developer from accessing a bank guarantee as their dispute over the project continues.

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Santos must hand over info in activist’s challenge to Reindeer gas field plan
Environment 2025-09-23 11:00 pm By Julia Kanapathippillai

Santos has failed to convince a judge that it should not provide documents relied on by NOPSEMA to approve the company’s environmental plan for its Reindeer gas field in judicial review proceedings.

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JY Group puts down $318.6M for stake in Bankstown Central shopping centre
Real Estate 2025-09-23 11:56 pm By Cat Fredenburgh

Real estate investment manager JY Group has acquired a 50 percent stake in the Bankstown Central shopping centre in Sydney’s south-west for $318.6 million.

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Group opposing Bucketty’s Brewery pub dodges bid for security
Construction 2025-09-23 11:55 pm By Julia Kanapathippillai

Bucketty’s Brewery has failed to convince the NSW Land and Environment Court to order security against a community group seeking to overturn a local council’s approval of the brewery’s plan to build a new pub and cafe.

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