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The owners of the Blues Point Tower in the Sydney harbourside suburb of McMahons Point must cough up additional payments to builder Buildcorp after it undertook remediation work on the heritage-listed tower.
ASIC launches probe into ASX after ‘repeated failures’
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The corporate regulator has launched an inquiry into the Australian Securities Exchange following “repeated and serious failures”, while discontinuing its investigation into a one-day technical failure in December 2024.
‘On death row’: Roberts Co Victoria fights creditor’s winding up bid
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Collapsed Roberts Co Victoria will oppose a creditor’s bid for an extension in a case seeking to wind up the construction company, claiming it is “effectively on death row” and suffering reputational damage.
KKR scoops up off-grid renewables company Zenith Energy
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Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia’s off-grid mining industry.
Woodside faces new legal challenge to North West Shelf extension
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An activist group has launched a legal challenge to Woodside’s proposed North West Shelf gas venture extension to 2070, seeking judicial review of Western Australia’s approval decision.
AFL, Geelong Football Club want concussion suit declassed
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The Australian Football League and Geelong Football Club have brought applications seeking to strip a case over on-field concussions of class action status.
ARENA invests $19.8M in decarbonized steel project
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The Australian Renewable Energy Agency has invested $19.8 million in a joint venture between BlueScope, BHP, Rio Tinto, Woodside and Mitsui Iron Ore Development to develop a decarbonised steel facility.
High Court won’t rule on ex-HWL Ebsworth partner’s expulsion
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The High Court has declined a special leave application from a former HWL Ebsworth partner seeking to undo a finding that his age-related expulsion from the partnership did not run afoul of the Equal Opportunity Act.
Judge bemoans ‘death by correspondence’ in NT public housing class action
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A judge has urged the Northern Territory public housing authority and a discrimination class action to seek the court’s assistance instead of resorting to lengthy correspondence as they “lock antlers” over discovery and factual matters.
Emma Sleep’s German parent company not on hook for misleading ads
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Online mattress retailer Emma Sleep has admitted to misleading consumers about the sale price for mattresses, but a court has found its German parent company is not on the hook because its executives did not give directions to the Australian unit.