Industries

The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.

A judge has found a $3.7 million error by an adjudicator in a dispute over a $43 million payment claim for work on an apartment complex in Queensland’s Main Beach showed a failure to properly consider the evidence and submissions.

Timeshare owners in the Ultiqa resort in Port Macquarie, NSW have won court approval to sell the property, following complaints by members that there were no prospects of exiting the holiday scheme.

A Western Australian couple will have their dispute with Thompson Sustainable Homes heard by a tribunal, after the builder's jurisdictional objection to the operation of the Home Building Contract Act was tossed.

Acciona's renewable energy subsidiary Energía has closed a $453 million syndicated loan for the Aldoga solar farm project in Queensland, with the backing of Spanish export credit agency Cesce.

Energy Vault has acquired the 125 MW/1,000 MWh Stoney Creek battery energy storage system from project developer Enervest Group.

A Canberra-based law firm is investigating a class action against the Victorian branch of the CFMEU's construction division alleging the union blacklisted hundreds of members.

During trial on Monday, ASIC also accused Star's former top lawyer of giving false evidence about alleged cash for chip transactions in junket operator Suncity’s VIP room.