Asian investor scoops up CBA-anchored Sydney building for $31.3M

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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me An undisclosed Asian investor has acquired a Commonwealth Bank-anchored property in Sydney’s south-west for $31.3 million. The sale of the trophy asset at 38 John Street for $31.3 million marks the biggest sale in the local Cabramatta in the past 15…

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Optus alerted to triple zero outage hours before restoring service, CEO says

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Two Optus customers alerted the company to a triple zero outage , during which four people died, hours before the telecommunications provider restored the emergency service, CEO Stephen Rue has revealed.

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Class action against Murray Darling Authority can tweak case mid-trial

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A class action alleging negligent management by the Murray Darling Basin Authority can amend their case four weeks into trial, with a judge finding the late application was not the result of a “deliberate forensic decision”.

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Acciona lobs cross-claims in Hunter Valley bus crash class action

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Acciona is targeting engineers SMEC and Jacobs Group in cross-claims after being joined to a class action over a deadly bus accident in NSW’s Hunter Valley, as two more parties in the proceeding flag further cross-claims.

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Cosmetic surgery class action doctors can’t cut accessorial liability claims

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Four doctors named in a class action over cosmetic surgeries performed at Daniel Lanzer’s clinic in Sydney can’t dodge claims they are liable as accessories for alleged misleading social media ads. 

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Maurice Blackburn mulls expanding group in Hyundai, Kia class actions

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Maurice Blackburn has proposed expanding the group definition in class actions against Hyundai and Kia over allegedly defective anti-lock braking systems after winning a carriage fight against a proceeding that included additional recalls in its group membership. 

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Telegram wins more time to prep appeal of $1M eSafety fine

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Encrypted messaging app Telegram has won its bid to delay the hearing of its challenge to a $1 million fine from the eSafety Commissioner, after complaining about a “document dump” from the regulator. 

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Ratings house faces ASIC investigation over Keystone fund

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ASIC has confirmed it is investigating at least one ratings house which said Keystone’s failed Shield Master Fund was of ‘investment grade’, as the corporate watchdog seeks to claw back $480 million in investor funds. 

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