ACCC, NSW join forces to clamp down on supplier bid-rigging

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The competition regulator has reached a data-sharing agreement with NSW to combat bid rigging on state contracts worth a total of $42 billion annually, in a partnership that will deploy AI to find potential cartel culprits.

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In Google carriage fight appeal, Piper Alderman claims law firms’ cooperation anti-competitive

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Piper Alderman claims a judge erred in finding there was no evidence that an agreement between Maurice Blackburn and Phi Finney McDonald to cooperate in running an ad tech class action against Google was struck for an anti-competitive purpose.

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ASX tried to silence whistleblower, hide failures from RBA, lawsuit says

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A former contractor at the ASX has alleged the securities exchange was “embarrassed” by governance failures relating to a $200 million technology modernisation program and sought to hide the issues from the Reserve Bank of Australia. 

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Telstra reaches settlement with ACCC in case over Belong speeds

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Telstra has reached an agreement with the consumer regulator after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider, Belong.

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Clive Palmer’s $300B claim over WA law shot down by international tribunal

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Clive Palmer has lost a battle over Western Australian legislation shielding the state from the fallout of a decision barring a proposed Pilbara iron ore project, with a tribunal finding it had no jurisdiction to hear the $300 billion case.

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Hall & Wilcox hits back at Hastie liquidator’s claim over $18M bill

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Hall & Wilcox has struck back at proceedings by the liquidators for collapsed construction group Hastie, saying they have failed to specify why its $18.6 million legal bill incurred in suing two dozen builders is unreasonable.

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Hostplus takes swipe at Lendlease amid battle for control of property fund

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Hostplus has called out Lendlease for encouraging investors to skip a meeting convened by the super fund heavyweight in its bid to boot the real estate manager from the $2 billion APPF Industrial fund.

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Valuer points finger at CBRE, JLL in suit over Rundle Mall lease valuations

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Property valuer M3 Property has denied claims that its lease valuations were incorrect and led to tenants of Adelaide’s Rundle Mall being overcharged and says that if it is found liable, brokers CBRE and JLL should be on the hook as well.

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SIXT drops bid for injunction against Darwin Airport

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German car hire company SIXT has dropped its bid for an injunction barring Darwin International Airport from requiring it to vacate the premises it operates out of at the airport. 

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Quasar Constructions liquidator wins fresh asset disclosure orders

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An entity associated with the director of defunct Sydney builder Quasar Constructions has failed to hand over details about its assets to liquidators, prompting further orders with a warning from the court.

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