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Construction PRO
NZ regulator signs off on sale of Fletcher Building’s construction unit
Fletcher Building has won approval to sell its construction division to France-based VINCI Construction for NZ$315.6 million.
Mastercard execs to be grilled on response to RBA in competition trial
Mastercard executives who claim they had no anti-competitive purpose when pursuing agreements with retailers to favour its network are expected to face cross-examination about responses given to the Reserve Bank about its least cost routing initiative.
Firm that offended judge appeals ruling on scope of NT housing class action trial
The firm behind a class action over remote housing in the Northern Territory has appealed a decision rejecting its bid to undo orders on the scope of the initial trial, after the judge disregarded submissions by a class action solicitor that "affronted" her.
‘Two‑time offender’ Latitude pays $4M for latest spam breaches
Latitude Finance has been hit with a $3.96 million penalty for sending more than 2.3 million marketing messages that ran afoul of spam laws, the latest legal headache for the country's largest non-bank lender.
ACCC’s Mastercard case ‘irrational and contrary to commercial reality’, court told
Mastercard has hit back at the ACCC’s claims that it sought to prevent competition with EFTPOS through strategic agreements with large retailers, saying the deals were struck for “benign and pro-competitive” reasons. 
Mastercard struck deals with retailers to avoid EFTPOS ‘competitive threat’, ACCC says
Mastercard made ‘strategic’ agreements with large retailers like Coles and David Jones to keep them from routing through EFTPOS, offering discounted exchange rates that left smaller businesses footing the bill, the ACCC told the court on the first day of trial.
Judge questions merits of class closure in J&J cold meds class action
A judge hearing a class action against J&J over allegedly ineffective cold medications has questioned the merits of soft class closure in large consumer cases where participation is likely be low, just days after another judge raised similar concerns in a case against Toyota. 
Seafarms mulls strike-out of Jan Cameron suit over Project Sea Dragon
Aquaculture group Seafarms wants the court to strike-out a suit by Kathmandu founder Jan Cameron alleging the ASX-listed company misled shareholders about its plans to build the world's largest prawn farm in the Northern Territory.
Mulpha may lob cross-claims in Glenmore Park development class action
Developer Mulpha is considering launching cross-claims against contractors in a class action on behalf of owners and investors of homes in a 683-lot development in Glenmore Park, NSW.
Epic Games case against Google dismissed after global settlement
A hearing set for this week on relief sought by Fortnite maker Epic Games in its competition case against Google will not go ahead as planned, after the companies reached a global settlement. But the terms of the deal remain to be approved by the ACCC.