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Construction PRO
Coppabella mine owners must get First Nations input for rehab plan: court
An environmental authority for Peabody's majority-owned Coppabella coal mine in Queensland should require the owners to obtain Aboriginal party input for a post-mine rehabilitation plan, a judge has said.
Construction PRO
APA to pay $1B for majority ownership in CS Energy power plant
Energy infrastructure company APA Group will invest approximately $1.015 billion to develop and take an 80 per cent ownership stake in the 400-megawatt Brigalow Peaking power plant in Queensland.
Construction PRO
Ex-federal judge to lead South Australia’s AI royal commission
Former Federal Court Justice Iain Ross has been appointed to lead South Australia’s royal commission into the risks and opportunities of artificial intelligence.
Construction PRO
Yancoal, Glencore win NSW approval for coal mine extensions
New South Wales has approved a project to extend Hunter Valley Operation's North Mine by 19 years and South Mine by 12 years provided it implements measures to manage greenhouse gas impacts.
Construction PRO
Villawood can give court docs to AFP in stoush against ex-director
Developer Villawood can share documents produced in litigation against its former director with federal police, after persuading a judge the public interest in investigating possible crimes outweighed the interest in confidentiality.
Judge OKs University of Newcastle’s $7.55M class action settlement
A judge has given the green light to a $7.55 million settlement in a class action against the University of Newcastle over an unaccredited engineering degree.
APRA to toughen trustee rules after $1B Shield, First Guardian failure
The Australian Prudential Regulation Authority has released a series of proposals to strengthen superannuation investment governance in the wake of the $1 billion collapse of investment funds Shield and First Guardian.
ASIC to scrutinise AI use by banks
The corporate regulator said Wednesday it would review the banking sector’s use of artificial intelligence to ensure customer protections have not been lost in the rush to adopt AI tools.
Mayfair faces shareholder oppression case, must hand over docs
Private resources company Mayfair Australia Corporation faces oppression litigation alleging two shareholders were removed from the company share registry without their consent.
ASIC wins bid to block Ryzon’s capital reduction amid enforcement action
A court has slapped an injunction on Ryzon Materials to restrain it from a proposed capital reduction, citing concerns it could allow the company to avoid a potential penalty in a case by the corporate regulator.