Industries

Insurer Allianz and its distributer AWP have been convicted and fined $16.8 million after pleading guilt to charges of making false or misleading statements over travel insurance coverage.

Generative artificial intelligence is a game changer for the construction industry, promising better collaboration and fewer costly mistakes, but the technology also presents a host of thorny legal challenges, experts say.

A unit of Singapore developer Stamford Land Corporation has sued Parkview Constructions over alleged defects in a 700-apartment development in Sydney’s Macquarie Park. 

Property developer Oreana has added to its Queensland property portfolio, acquiring a 900-hectare masterplanned community from Stockland.

Zenith Energy has signed a $1.9 billion refinancing, in a deal that also provides the remote off-grid power generation company with $1 billion in growth capital to support new projects.

French waste management company Veolia has signed onto a 20-year project to build and operate a recycling facility in Canberra that will process 1.3 million tonnes of household recycling.

Munich Reinsurance has been given the OK to bring additional claims in its $696 million lawsuit, which accuses AMP of misleading or deceptive conduct over a quota share agreement.

The Albanese government has granted a feasibility licence to a partnership between Equinor and Oceanex Energy to explore offshore in northern NSW for a planned wind farm project.

Pharmaceutical giant Lundbeck has resolved its battle with Novartis unit Sandoz over top-selling drug Lexapro, a battle that has raged for years and across multiple courts.

A Tasmanian community group has lost its challenge to a decision approving the construction of a wharf to facilitate the transport of hundreds of 86 metre-long wind turbine blades for a controversial wind project on Robbins Island.