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The former manager of biscuits and cookies at Coles has faced cross-examination by the ACCC over marking Arnott’s Shapes with a ‘Down Down’ discount, despite the price being 50 cents less four weeks prior.
Downer can’t arbitrate fight with Squadron over Murra Warra wind farm at ICC
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A judge has found that an ICC arbitration brought by Downer against Squadron Energy and a fellow contractor on the Murra Warra wind farm in Victoria was not validly commenced, upholding a hybrid arbitration clause in their agreement.
Alcoa pays $55M fine over WA land clearing
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Alcoa has been hit with a $55 million fine for clearing land in Western Australia’s Northern Jarrah Forest without seeking approval, but environmental groups say the penalty is a slap on the wrist for the US mining giant.
Charter Hall grows retail fund with three shopping centres for $360M
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Charter Hall Group’s retail fund has grown to $3 billion after picking up three east coast shopping centres for $360 million, in a sign of the robustness of the sector.
Goodman touts 6 GW power bank, says data centre demand ‘materially exceeds’ supply
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Goodman Group has touted its 6 GW power bank at sites across Australia, Europe and North America, amid predictions for skyrocketing demand for digital infrastructure.
Mayne Pharma sues Cosette over failed $672M merger
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ASX-listed Mayne Pharma has taken US drug maker Cosette to court seeking “substantial damages” over the termination of their $672 million merger.
X Corp can’t dodge QCAT discrimination case by Muslim group
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X Corp can’t challenge a finding that it must face a complaint of religious vilification in the Queensland Civil and Administrative Tribunal, with an appeal tribunal saying a member was not wrong to draw on defamation and consumer case law.
Tahmoor Coal winding up application adjourned for second time
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A judge has given the administrator for billionaire Sanjeev Gupta’s Tahmoor Coal two more weeks to prove that creditors would be better off under a sale process than a liquidation.
Mitre 10 franchisee wants shield against Bunnings costs in competition case
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A Mitre 10 franchisee, who has accused Bunnings Warehouse of misusing its market power, wants an order from the court shielding it from any adverse costs orders in its David and Goliath battle.
Coronis loses fight with ATO over service fee deductions
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Two units of Queensland real estate firm Coronis have lost a fight with the tax office over service fee deductions claimed for payments to related entities for the use of the Coronis trade mark, among other trust assets.