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Construction PRO
Roberts Co owes creditors $100M, as founder floats possible DOCA
Construction group Roberts Co owes unsecured creditors almost $100 million, a court has been told as administrators secure more time for the builder's founder to pitch a restructuring deal.
Construction PRO
Cladding case by Infinity apartment owners not ‘without merit’: tribunal
Although Meriton's contractor prevailed in a cladding spat over Brisbane's Infinity Tower, the owners corporation's arguments were not at all stages "without merit", a QCAT member has said in declining to award the builder its costs.
Construction PRO
‘Absolutely crazy’: Judge baffled by costs fight 2 years after trial in shopping centre spat
A bid by the parties for the court to determine legal costs in a successful case over the $55 million sale of a Queensland shopping centre has left a judge scratching his head.
Competition cop confirms REA Group investigation
The competition watchdog confirmed Thursday it was investigating real estate listings company REA Group.
Construction PRO
Healthscope landlords agree to rent relief, as other operators express interest
Asset manager HMC Capital, which owns 11 private hospitals operated by embattled Healthscope, has reached a rent deferral deal with receivers and says other operators have expressed interest in taking up tenancy.
Thermomix cops $80,000 penalty for NDIS claims
Thermomix has paid $79,200 in penalties after being served with four infringement notices over ads claiming two appliances got the National Disability and Insurance Scheme tick.
Construction PRO
REA Group probe confirmed by competition watchdog
The ACCC has confirmed it is investigating real estate listings giant REA Group, saying it was concerned to ensure "strong competition" in the real estate industry.
Banksia receiver mulls release bid from case by class action members
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.
REA Group faces investigation by competition regulator
Real estate listings giant REA Group on Tuesday confirmed media reports of an investigation by the Australian Competition and Consumer Commission.
Construction PRO
REA Group probed by ACCC over subscriptions for real estate agents
Real estate listings giant REA Group faces questions by the Australian Competition and Consumer Commission over its subscription offerings.