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Ratings house faces ASIC investigation over Keystone fund
Financial Services 2025-09-18 11:45 pm By Cindy Cameronne

ASIC has confirmed it is investigating at least one ratings house which said Keystone’s failed Shield Master Fund was of ‘investment grade’, as the corporate watchdog seeks to claw back $480 million in investor funds. 

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Fairfield developer wins spat over $3M payment claim
Construction 2025-09-22 11:11 pm By Julia Kanapathippillai

A developer has won an injunction to stop a builder from enforcing an adjudication decision in a dispute over a $3 million payment claim, with a judge finding it would be an abuse of process to make the developer pay.

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Battery Energy scoops up infrastructure manager accesstel
Energy & Natural Resources 2025-09-22 11:20 pm By Julia Kanapathippillai

Industrial battery manufacturer Battery Energy Power Solutions has boosted its security capability by acquiring Melbourne-based critical infrastructure asset manager accesstel.

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Employment Hero denies misusing Seek’s data to launch rival job list
Competition & Consumer Protection 2025-09-18 11:50 pm By Sam Matthews

Human resources company Employment Hero, which has accused Seek of abusing its dominance by cutting access to its platform, has rejected claims in the hiring giant’s defence of misuse of candidate data.

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Brittany Higgins appeals $315,000 judgment in Reynolds defamation case
Defamation 2025-09-18 11:53 pm By Julia Kanapathippillai

Former Liberal staffer Brittany Higgins is appealing a finding that she defamed Linda Reynolds in social media posts that implied the former Defence minister mishandled her rape allegations against ex-colleague Bruce Lehrmann.

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Developer sues Maddocks over Toorak penthouse deal with millionaire
Real Estate 2025-09-19 11:20 pm By Cindy Cameronne

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.

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Acciona wants to move Veolia’s suit over Kwinana waste-to-energy plant
Transportation & Infrastructure 2025-09-19 11:45 pm By Christine Caulfield

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.

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TPG can’t challenge SOPA win for Kenik over $14M Taringa Coles
Construction 2025-09-19 11:13 pm By Julia Kanapathippillai

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.

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Higgins’ husband must pay $700K over ‘indefensible’ social media posts
Defamation 2025-09-18 11:17 pm By Christine Caulfield

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.

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Kmart’s use of facial recognition tech breached privacy rules: OAIC
Privacy & Cybersecurity 2025-09-18 11:51 pm By Cat Fredenburgh

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.

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