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A judge has signed off on an agreed $10.3 million penalty against Mercer Super for failing to inform ASIC about investigations into serious issues, after the judge requested more information on how the penalty had been arrived at.

The engineering firm behind the Kwinana energy transformation hub in Western Australia wants the High Court to hear a union's case alleging it fraudulently failed to disclose information to the Fair Work Commission.

A judge says a shareholder class action against IAG can add a new damages claim, despite the insurer arguing it was untethered from any contravention and “clearly bad in law”.

Lendlease will sell its stake in the Keyton Retirement Living Trust to Aware Super for $525 million as the property giant looks to trim its debt. 

Superannuation trustee Diversa is facing an investigating by the Australian Prudential Regulation Authority into its executive remuneration practices.

Engineering services firm Worley has taken last month's landmark loss in a shareholder class action to the High Court, challenging the Full Federal Court's embrace of market-based causation and its adoption of the facilitation principle.

The Greens party has called for a moratorium on Australian data centres, with Senator Sarah Hanson-Young saying Australia is “sleep walking into an AI crisis”.

A financial licensing expert has predicted that cryptocurrency firm Block Earner will have to produce the legal advice that saw it avoid a penalty at first instance, after the High Court found last week that it needed a financial services licence. 

South Australia will introduce legislation to speed data centre development and artificial intelligence infrastructure, aiming to capitalise on the AI frenzy amid concerns about the facilities’ energy and water usage. 

A full bench of the Fair Work Commission has attacked an Uber driver's "unreasonable" reliance on artificial intelligence to prepare his complaint, saying it was part of an increasing trend of applicants abusing generative AI.