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Lendlease resolves dispute over $625M land valuation for Sydney CBD plot
Construction 2025-02-17 4:05 pm By Cindy Cameronne

Lendlease has resolved its challenge to a valuation for the site of its $3.1 billion luxury development One Circular Quay, located between the Harbour Bridge and the Sydney Opera House. 

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New statutory duty aims to block repeat of Robodebt scandal
Public Corruption 2025-02-13 11:39 pm By Cindy Cameronne

The Albanese government has passed a new law aimed at preventing a repeat of the Robodebt scandal, making it an offence for federal agency heads to impede an investigation by the Commonwealth watchdog. 

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BHP class action can expand group definition, but not retroactively
Appeals 2025-02-12 10:34 am By Cindy Cameronne

A class action against BHP can include in the group member definition investors who bought shares on secondary platforms, but the change can’t apply retroactively.

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NAB super fund trustee says failed class action rejected $25M offer
Financial Services 2025-02-12 2:42 pm By Cindy Cameronne

Former NAB superannuation fund trustee NULIS is seeking the first ever award of indemnity costs in a class action that flopped following the rejection of a settlement offer.

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Construction PRO
BESIX Watpac, Frasers in court over billion-dollar Sydney developments
Construction 2025-02-14 1:49 pm By Cindy Cameronne

BESIX Watpac and Frasers Property are fighting claims they are liable for defects in two residential complexes in the Sydney suburb of Chippendale, including the $2 billion One Central Park towers.

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Construction PRO
Lendlease abandons $10M land claim in fight with Macarthur-Onslow family
Real Estate 2025-02-14 3:11 pm By Cindy Cameronne

Lendlease has abandoned its bid to purchase a parcel of land owned by one of Australia’s oldest families for well below market value as part of its project to develop 6,700 homes in Campbelltown, Sydney.

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‘Red flags, red suitcases’: Star GC warned of unacceptable risk, court told
Trials 2025-02-11 10:56 pm By Cindy Cameronne

A former Star executive agreed to renew the casino’s relationship with a junket with organised crime links despite Star Sydney’s GC warning of suspicious transactions, a court has heard. 

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Former Star execs ignored ‘brazen’ money laundering risks, court told
Trials 2025-02-10 11:03 pm By Cindy Cameronne

On day one of trial in ASIC’s case accusing ten Star executives of turning a blind eye to money laundering, the court heard about a blue esky bag full of cash and people hiding under blankets to avoid CCTV.

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Greensill files disqualification bid against judge who acted for Marsh
Insurance 2025-02-10 11:37 pm By Cindy Cameronne

Defunct Greensill Group has filed a bid to disqualify a recently appointed Federal Court judge from hearing a case over its $1.7 billion collapse.

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Construction PRO
Developer owes financier after using tax refund for $23M Sydney home: court
Real Estate 2025-02-12 11:50 pm By Cindy Cameronne

A developer is on the hook for $2.6 million after a court found he misappropriated a tax refund associated with a scheme to develop property in Spring Farm, NSW and put it towards a luxury Sydney home in his wife’s name. 

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