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Construction PRO
Battery Energy scoops up infrastructure manager accesstel
Industrial battery manufacturer Battery Energy Power Solutions has boosted its security capability by acquiring Melbourne-based critical infrastructure asset manager accesstel.
ASIC in hotseat over inaction against ANZ execs after $240M settlement
ASIC's chair was grilled by members of parliament on Thursday over whether the regulator would take action against individuals within ANZ, after the bank agreed to pay $240 million in penalties for "widespread misconduct".
Construction PRO
Developer sues Maddocks over Toorak penthouse deal with millionaire
Developer Techin MBS has filed a lawsuit against Maddocks, claiming the law firm is liable for negligence if a contract of sale for a penthouse in Toorak with multi-millionaire Scott Shearman is not found to be binding.
Construction PRO
Acciona wants to move Veolia’s suit over Kwinana waste-to-energy plant
As it battles for ACCC approval to buy the East Rockingham waste-to-energy plant in Western Australia, infrastructure giant Acciona faces litigation by waste management firm Veolia over the state's other major plant.
Construction PRO
TPG can’t challenge SOPA win for Kenik over $14M Taringa Coles
A court has rejected a property developer's bid to challenge a payment claim decision that found in favour of collapsed builder Kenik, the contractor on a $14 million Coles and Liquorland in Taringa.
Construction PRO
SMEC, Jacobs joined by Acciona to Hunter Valley bus crash class action
Acciona has filed cross-claims against engineering firms SMEC and Jacobs Group after being joined to a class action over a deadly bus accident in NSW’s Hunter Valley.
Construction PRO
Asian investor scoops up CBA-anchored Sydney building for $31.3M
An undisclosed Asian investor has acquired a Commonwealth Bank-anchored property in Sydney's south-west for $31.3 million.
Higgins’ husband must pay $700K over ‘indefensible’ social media posts
The husband of former Liberal staffer Brittany Higgins has been ordered to pay over $700,000 in damages and costs to former senator Linda Reynolds over social media posts found to have defamed the politician.
Kmart’s use of facial recognition tech breached privacy rules: OAIC
The privacy commissioner has found Kmart Australia breached privacy laws by using facial recognition technology in its stores to combat refund fraud, finding the privacy invasion was disproportionate.
La Trobe Financial investment funds hit with ASIC stop orders
Products offered by La Trobe Financial Asset Management are the subject of interim stop orders by the corporate regulator, which claims the investment schemes are unsuitable for everyday investors.