Industries

The Australian Competition and Consumer Commission has cleared the way for ASX-listed Cuscal's to acquire payment facilitation supplier Indue, saying it was unlikely to substantially lessen competition. 

The federal government plans to significantly increase penalties for companies that contravene environment laws as it moves forward with a suite of changes described by Greens Senator Sarah Hanson-Young as “not worth the paper they’re printed on”.

ASIC wants an injunction against a financial adviser whose "honey pot" marketing allegedly led to 6,000 clients pumping over $520 million into the collapsed Shield and First Guardian funds. 

A&O Shearman has poached a Squire Patton Boggs partner to build a dedicated real estate practice in Australia.

The ACCC will oppose US keg services business Kegstar's plans to acquire the assets of Konvoy Holdings, saying it would substantially lessen competition for keg pooling services.

Lendlease has reportedly sold the $900 million Erina Fair shopping centre on NSW's Central Coast, one of the assets that formed part of an unlisted fund the real estate giant has fought to maintain control over.

A second MWL Financial adviser has been banned this week by the corporate regulator as part of its probe into the costly collapse of Keystone's failed Shield Master Fund.

Builder LU Simon has failed in an injunction bid as part of its case against the developer of a $52 million project in the inner city Melbourne suburb of Carlton.

Mastercard can pursue an appeal of a ruling for the competition regulator requiring the credit card giant to hand over communications about its agreements with retailers, which are at the centre of a misuse of market power case.

Two senior Johns Lyng Group executives have been dragged into a dispute over the $75 million sale of Nike franchisee Retail Prodigy Group.