Christine Caulfield

Administrators of Bathla Group are continuing talks with the embattled developer's lenders over a short-term loan that will keep the business afloat, and are hopeful a funding package can be secured by Thursday.

Renewable energy company 1414 Degrees has purchased Vast Solar Aurora, securing control of South Australia's Aurora Energy Precinct in the process.

Carroll & O’Dea Lawyers has brought on a partner and his team from Herro Soliciors to expand its commercial property and leasing practices. 

AUSTRAC is investigating Western Union over concerns about management of high-risk payment channels and customers.

Singapore-based Hoi Hup Realty has marked its foray into the Australian property market with the $201.8 million purchase of Four Points by Sheraton in Chippendale, Sydney.

Charter Hall has picked up three industrial and logistics assets in South East Queensland, including an Australia Post distribution centre, for $192.4 million.

Meta is facing a class action investigation after reaching a multibillion-dollar settlement in cases by US authorities alleging the company designed its social media platforms to increase the risk of addiction.

Litigation funder Omni Bridgeway is challenging a decision that halved its $71 million commission in the Robodebt class action, which settled for $550 million.

Administrators for ailing residential property develor Bathla say the company will be forced into liquidation by the end of the week without further funding by lenders.

A family-owned Mitre 10 franchisee will not be on the hook for costs if its loses a novel suit seeking to block Bunnings from opening a $36 million store next to its Jimboomba store, with a judge saying the case will provide guidance on the misuse of market power effects test.