Cromwell Property Group will acquire a 20 per cent stake in Straits Real Estate’s $470 million Australian industrial portfolio.
A class action over alleged inflated insurance policy premiums charged by advisers of two Commonwealth Bank wealth management licensees has settled, the second class action over CommInsure to resolve this week.
The High Court has put the brakes on a $650 million case by Mercedes-Benz dealers over the car maker’s switch to a fixed-price sales model, despite acknowledging the “important issues” the appeal raised.
The Australian Renewable Energy Agency will invest $45 million into Fortescue’s first-of-its-kind solar innovation hub in Western Australia’s Pilbara region.
Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta’s CBD for $82 million.
The High Court won’t weigh in on a case over strip searches of Qatar Airways passengers, following a mixed ruling that revived claims against the airline but found Qatar’s aviation authority could not be sued.
Superannuation funds Hesta and Prime Super have been pinged by the corporate regulator for allegedly greenwashing their investment portfolios.
A judge has lengthened the trial in pianist Jayson Gillham’s case against the Melbourne Symphony Orchestra from five to 15 days, noting the substantial number of witnesses and the reputational consequences of the case.
Wealth manager Colonial First State Investments and insurer AIA have reached a $140 million settlement in a long-running class action alleging 700,000 superannuation members were charged inflated premiums on insurance products linked to former owner CBA.
The parties in a class action against agricultural giant GrainCorp over alleged noise and odour pollution from a factory in rural Victoria have failed to seal the deal on a settlement reached last month.