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Centuria picks up $33M Melbourne warehouse for last mile logistics partner
Real Estate 2025-05-09 11:27 pm By Julia Kanapathippillai

Real estate funds manager Centuria has acquired a $33 million warehouse in Melbourne’s west, as part of its partnership with US private investment firm Starwood Capital.

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Court orders HCF to pay $750K for misleading life insurance term
Insurance 2025-05-08 11:44 pm By Julia Kanapathippillai

HCF Life insurance has been hit with a $750,000 penalty for including a pre-existing condition term in a life insurance policy, which a judge found was likely to mislead.

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Macquarie cops extra conditions for ‘repeated’ non-compliance
Financial Services 2025-05-07 11:33 pm By Julia Kanapathippillai

The corporate watchdog has imposed additional conditions on Macquarie Bank’s financial services licence, citing multiple and significant compliance failures.

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Construction PRO
Council wins challenge to Peace Park residential development
Construction 2025-05-08 11:18 pm By Julia Kanapathippillai

A NSW council has partially succeeded in its challenge to the approval of a proposed residential development near the Peace Park in Ashbury in Sydney’s Inner West. In November 2024, Commissioner Elizabeth Espinosa of the NSW Land and Environment Court ruled in favour of developer Hamptons Property Services, and granted it development consent for a…

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Construction PRO
Allens-repped Rio Tinto in $75M deal for Yarraloola Project
Energy & Natural Resources 2025-05-07 11:16 pm By Julia Kanapathippillai

Rio Tinto has put down $75 million for Zanthus Resources’ interest in the Yarraloola Iron Ore project assets in Western Australia’s Pilbara region as part of a joint venture with Mitsui & Co and Nippon Steel.

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Construction PRO
Murphy takes 40% stake in Albergeldie Complex Infrastructure
Transportation & Infrastructure 2025-05-07 11:41 pm By Julia Kanapathippillai

UK construction company Murphy is continuing its expansion with a 40 per cent stake in Sydney-based building company Abergeldie Complex Infrastructure.

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Hungry Jack’s pays $150K penalty over Garfield kids meal toy
Competition & Consumer Protection 2025-05-06 11:29 pm By Julia Kanapathippillai

Hungry Jack’s has paid over $150,000 in penalties for allegedly breaking the Australian Consumer Law by failing to comply with button battery standards with its ‘burping Garfield’ kids meal toy.

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Construction PRO
The Gosford developer remains locked out of $37M judgment against Chinese builder
Construction 2025-05-06 11:28 pm By Julia Kanapathippillai

A stay of a $37 million 2023 judgment in favour of the company behind an abandoned $185 million development in Gosford NSW against the Australian arm of China’s Shanxi Construction Investment Group has been extended.

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ACCC appoints anti-scam czar as new CEO
ACCC 2025-05-05 11:05 pm By Julia Kanapathippillai

Sarah Proudfoot has been appointed as the CEO of the Australian Competition and Consumer Commission after leading the commission’s National Anti-Scam Centre.

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Private equity expert joins King & Wood Mallesons from Clayton Utz
Business of Law 2025-05-02 11:34 pm By Julia Kanapathippillai

A specialist private equity lawyer with over 20 years of experience has joined King & Wood Mallesons private capital team as a partner.

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