NSW fast-tracks $52B in data centre projects

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The Minns government has fast-tracked 15 data centre projects worth $51.9 billion and promised to articulate the values that will guide future decision-making amid concerns about protecting national interests amid the data centre boom. 

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Council ordered to pay $12.7M for Sydney land first valued at $6.5M

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A local NSW council has been ordered to pay the owners of a block of land it acquired in North-West Sydney $12.7 million, with the court finding that if not for the acquisition, the land could have been used for residential purposes. 

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Judge OKs Colonial’s $140M settlement but chops funder’s cut

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A judge has declined a funder’s bid for a $43 million payout in a class action accusing Colonial First State of charging excessive premiums, saying it was entitled to a 27.5 per cent commission but not $4.5 million for after-the-event insurance. 

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Court OKs $37M settlement in EML shareholder class action

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A judge has approved a $37.35 million settlement in a class action alleging fintech EML Payments failed to promptly disclose anti-money laundering and counter terrorism compliance concerns.

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Bupa says aged care claims ‘not appropriate’ for class action

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Bupa has hit back at a class action alleging it provided poor quality care to residents at its aged care facilities, saying it was “not appropriate” to run the case as a group proceeding. 

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