Industries

Mastercard risked losing half its revenue from retail interchange fees as a result of the Reserve Bank's least-cost routing initiative, and struck deals with top retailers to defend its core business, a court was told Wednesday.

A judge has thrown out a law firm's bid to review a costs assessment manager's decision to grant a Sydney silk more time to make a costs assessment application for services he provided almost a decade ago.

Only one of six witnesses of explosive blasts at Whitehaven's Maules Creek coal mine, which is the subject of criminal EPA proceedings, will give evidence by audio-visual link at trial, with a court finding their credit may be in issue. 

The Albanese government is planning to spend $3.8 billion more on Melbourne's Suburban Rail Loop rapid transit project, one day after it walked away from the completion of the Inland Rail project.

A court has granted development approval to an 85-unit apartment block in Sydney's North Shore that exceeds height restrictions, finding that strict compliance is unnecessary given the development will provide affordable housing. 

DLA Piper has promoted five partners in Australia, following other firms in boosting the energy and infrastructure expertise in its partnership ranks.

EnergyAustralia has lost its appeal of a finding that it's on the hook for portable long service leave for maintenance workers at its Yallourn power station because its significant maintenance activities mean it's 'in the construction industry', a ruling that could affect energy, rail and telecommunications firms.

Online design tool Canva has paid $792,000 in infringement notices for allegedly failing to lodge financial reports on time for four of its companies.

Renewable energy projects are moving away from rigid, long-term tolling agreements towards more flexible financing structures, according to an Ashurst partner, with lenders warming to new mechanisms like virtual tolling agreements. 

A Western Australian couple has sued fertility services provider Monash IVF after the company implanted a woman with a different embryo than the one they had donated.