Singapore firm Roxy-Pacific Holdings has sold the iconic Melbourne House at 360 Little Bourke Street to an unnamed interstate investor.
AMP is facing a new class action alleging certain superannuation fund members were hit with inflated premiums over a five-year period, after arguing a similar matter was “in search of a case” more than four years after being filed.
The federal government is leaning into renewable hydrogen to decarbonise Australia’s heavy industries, providing up to $432 million to explosives and ammonia manufacturer Orica for its Hunter Valley hydrogen hub.
Real estate fund manager Dexus has sued wealth management firm AMP following a decision forcing it to sell its half of the $1.7 billion Macquarie Shopping Centre.
A receiver for collapsed developer Crown Group has sold the Sky Suites Sydney Hotel for a reported $68 million to a Singapore-based company.
Work on a slew of projects in preparation for the 2032 Olympic Games in Brisbane is set to kick into gear, after the federal government committed $3.435 billion for the city’s sports infrastructure, including a new 63,000-seat stadium in Victoria Park.
A national law firm has acquired a harbour-side office space in Sydney’s Harrington Collection for its headquarters.
A six-storey shopping centre in Melbourne’s CBD has been snatched up for $80.1 million by a private investor.
The Belmont Citi Shopping Centre has changed hands after 27 years, with a private investor scooping up the popular NSW shopping destination for $40 million.
Another failed class action is headed to the Full Court, with a case against ex-CBA unit Count Financial appealing a ruling that found advisors did not breach their duty to act in their clients’ best interest.