The corporate regulator has banned a MWL Financial adviser for eight years for recommending clients park the bulk of their superannuation into Keystone’s high-risk Shield Master Fund, which has since collapsed.
A $175 million deal struck to resolve 30 class actions on behalf of junior doctors in Victoria has earned the approval of a judge, who took the unusual course of dispensing with a court hearing on the settlement.
An ex gratia payment under Queensland’s tax laws is just what it means — one made by the state revenue office as a favour and not a legal obligation, a court has found in a loss for UK developer Avon.
Receivers for Jon Adgemis’ Public Hospitality Group are planning to put the South Bondi Hotel on the market by the end of the year.
KMPG partner John Lindholm has escaped a potential probe into his decision to endorse a settlement in the scandal-ridden Banksia Securities class action as the receiver for the collapsed lender.
Australia’s largest super fund has launched a new real estate asset platform in the UK, aiming to be one of the country’s top rental home operators in the next five years.
Having lost a challenge to privatisation agreements by NSW Ports, the competition regulator wants to intervene in a High Court appeal by Mayfield Developments, which failed in its own case against the port authority.
Infrastructure giant Acciona must fight a $224M lost-revenue case by contractor Veolia Australia over the Kwinana waste-to-energy plant on Veolia’s home turf.
Developer York Property is on the hook for an extra $4.7 million payment to the head construction contractor on the Midwater luxury residential high rise on the Gold Coast.
The Queensland government has plans to revamp one of Brisbane’s last riverfront industrial sites into a vibrant mixed-use precinct, with promenades, entertainment spaces and 4,000 homes.