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Banksia receiver mulls release bid from case by class action members
Class Actions 2025-05-28 11:13 pm By Christine Caulfield

The receiver appointed a decade ago to claw back money for investors in failed Banksia Securities might seek the protection of a court order releasing him from proposed new proceedings, which would also target lawyers alleged to have breached their overarching obligations.

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REA Group faces investigation by competition regulator
Competition & Consumer Protection 2025-05-27 11:46 pm By Christine Caulfield

Real estate listings giant REA Group on Tuesday confirmed media reports of an investigation by the Australian Competition and Consumer Commission.

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REA Group probed by ACCC over subscriptions for real estate agents
Real Estate 2025-05-27 11:57 pm By Christine Caulfield

Real estate listings giant REA Group faces questions by the Australian Competition and Consumer Commission over its subscription offerings.

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Seizing on ‘Olympic effect’, Centuria sells Queensland properties for $60M
Real Estate 2025-05-27 11:50 pm By Christine Caulfield

Real estate funds manager Centuria Capital Group has taken advantage of surging investment demand, selling three industrial assets in southern Queensland for an average sales premium of 25 per cent.

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Healthscope secures $100m injection from CBA as receivers appointed
Restructuring & Insolvency 2025-05-26 11:48 pm By Christine Caulfield

The Commonwealth Bank has given Healthscope a $100 million lifeline as the embattled hospital giant appoints receivers to negotiate a sale.

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ASIC hits Kalkine with new licence conditions over customer service advice
Financial Services 2025-05-23 1:19 pm By Christine Caulfield

The corporate watchdog has imposed extra conditions on Kalkine’s financial services licence amid concerns customer service representatives were providing unlicensed advice.

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It’s net zero, dummy: Albo signals sign off of Woodside’s North West Shelf gas extension
Energy & Natural Resources 2025-05-26 11:37 pm By Christine Caulfield

Woodside’s North West Shelf gas project looks set to be extended until 2070, with Prime Minister Anthony Albanese signalling the federal government’s approval was a sure thing.

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NorthWest vows to work with Healthscope buyers as hospital group fails
Real Estate 2025-05-26 11:41 pm By Christine Caulfield

Northwest Healthcare Properties REIT has promised to work with potential buyers as Healthscope — the trust’s second largest tenant — collapses.

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IFM Investors to play ‘active’ role in Dexus, APAC row over shares, court told
Transportation & Infrastructure 2025-05-23 11:49 pm By Christine Caulfield

Global asset manager IFM Investors has hired a leading silk in a court battle with real estate and infrastructure manager Dexus, to assert its sizeable interest in the company that operates Melbourne’s Tullamarine Airport.

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Qube, developer lose $20M claim against Defence over contaminated land
Construction 2025-05-23 11:59 pm By Christine Caulfield

A Qube unit and a developer have lost their $20 million claim alleging the Department of Defence failed to properly address asbestos contamination on leased land which was redeveloped into a terminal facility in Moorebank. 

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