The prospect of incurring costs of $70,000-$100,000 on a reference that may prove unnecessary if an appeal succeeds does not constitute a sufficiently adverse consequence to warrant a stay, particularly where those costs can be recovered through costs orders and the applicant did not object to the referral when first proposed.
The full text is available to signed-in members, including the 7 later cases that cite this judgment.
2 of the 7 citing cases carry a classified treatment. How each court treated it is available to signed-in members.