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Court OKs demolition for Third.i’s lux Sydney development
The NSW Land and Environment Court has approved a plan to demolish an apartment building in the harbour-side Sydney suburb of Rushcutters Bay to make way for luxury apartments.
ACCC says AI, cloud computing pose risks to competition
The ACCC has concluded its five year inquiry into digital platforms, identifying risks to competition posed by AI and cloud computing and again calling for significant regulation to counter “harmful” practices by the likes of Google and Facebook.
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Keystone receivers settle case over Venice Marriott Hotel sale
A dispute over a scuppered transaction between the director of collapsed Keystone and the owner of the Marriott Hotel in Venice has been settled.
Judge from Maurice Blackburn puts self-imposed ban on firm’s cases
A judge has recused himself from hearing a class action against Fletcher Building, and has imposed a ban on presiding over any cases involving Maurice Blackburn for a period of time.
Construction PRO
Sharvain Facades wins extra time for second creditor meeting
Sharvain Façades has won extra time to convene a second creditors' meeting to pursue a $3.28 million win against Roberts Co, but not based on the argument that SOPA says its liquidation would bar enforcement of the judgment.
Construction PRO
Parkhurst Tavern picked up by Queensland pub group
Pub owner O’Hara Hotel Group has sold the Parkurst Tavern in Rockhampton to a privately owned Queensland pub group for a reported price of $24 million.
Good Guys to pay $13.5M in ACCC suit over misleading promotions
Retailer The Good Guys has agreed to pay $13.5 million in ACCC proceedings alleging it made misleading statements about store credit.
Construction PRO
ICAC to conduct public hearings into Transport for NSW contracts
The NSW Independent Commission Against Corruption will conduct public hearings next month as part of its investigation in whether Transport for NSW employees awarded contracts to certain suppliers in exchange for benefits.
ANZ whistleblower can’t tweak case for 13th time
With three months until trial, a judge has knocked back a former ANZ trader’s bid to appeal a decision which barred him from amending his case for what would have been the thirteenth time.
Construction PRO
European Energy secures $130M for solar projects
Danish renewables company European Energy has closed a $130 million financing package for two solar projects in Victoria and NSW.