Industries

In its largest ever investment, the federal government's Clean Energy Finance Corporation has pledged $2.8 billion for the Marinus Link project to build a second underwater cable between Victoria and Tasmania.

The owners corporation of a 98-unit Parklea development by defunct builder Dyldam Developments have appealed a ruling that found time was up on its insurance claim for building defects in a property completed 17 years ago.

The liquidators of real estate investment company Global Capital Property Fund have expanded their suit alleging breaches of fiduciary duties in relation to a $50 million Queensland development, adding special purpose vehicles for several developments in Victoria.

A GFG subsidiary has lost its cross-claim in a battle with OneSteel's administrators over infrastructure assets at South Australia's Whyalla port, which is used to export the state's iron ore.

Junior doctors in Tasmania are the latest to bring a class action seeking compensation for years of alleged unpaid overtime work at the state’s major hospitals.

Ex-ABC presenter Antoinette Lattouf is seeking a penalty of up to $350,000 against the national broadcaster for her unfair dismissal, citing its “performative” expressions of regret. 

Mirvac has entered into a joint venture with Japanese developer Mitsubishi Estate to deliver a mixed-use precinct in Sydney’s Darling Harbour, estimated to have an end value of over $2 billion. 

French bank Societe Generale has been hit with a $3.88 million fine for allowing two clients to place suspicious orders on the electricity and wheat futures market, following an investigation by ASIC.

A judge wrongly cited as the author of an AI-hallucinated judgment has struck out at the AI-assisted statement of claim filed by a self-represented litigant in a defamation case, saying the use of generative AI to prepare pleadings is “a practice that must be stopped”.

A judge has rejected a “finely balanced” application to transfer a court fight between Waratah Engineering and Wollongong Resources over mining equipment contracts to New South Wales.