Singapore renewables company Vena Group has signed a $200 million long-term battery storage agreement with Danish energy trading company InCommodities for the Bellambi Heights battery energy storage system in central west New South Wales.
A judge has allowed an engineer to conduct invasive testing on 16 tennis courts in Western Sydney which a local council claims need to be replaced due to defects.
In a case over alleged faulty plumbing pipes produced by Fletcher Building’s Iplex, BGC told a court Friday it had been overwhelmed by calls for repairs to the 7,000 Perth homes fitted with the pipes.
A developer can have recourse to $740,000 in security following building delays, with a judge finding that its contract with Rawcorp for the construction of a Coolangatta apartment complex created an unfettered right to call on the security.
Forum Finance director Vince Tesoriero has been banned from managing companies for five years due to his involvement in the failure of 20 companies, including Forum, through which he and partner Bill Papas defrauded Westpac out of $400 million.
The High Court has dismissed Sunshine Loans’ second attempt to have a judge recuse himself from a penalty hearing in ASIC’s case against the payday lender, despite his criticism of a witness due to give further evidence.
The Commonwealth Bank has avoided a separate hearing over its cross-appeal in shareholder class actions that have reached the High Court.
The Australasian Centre for Corporate Responsibility has appealed the dismissal of its greenwashing case alleging Santos misled investors by falsely representing that it had a plausible path to net zero by 2040.
The Commonwealth has hit back at a class action’s appeal over the government’s 2011 live exports ban, denying that it lied to an Indonesian minister about the ban.
Dexus can question APAC’s chair on the material relied on by the Melbourne Airport operator in issuing a default notice requiring the real estate asset manager to sell its stake, ahead of trial in a fight over the validity of the notice.
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