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Construction PRO
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.
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.
The corporate watchdog has imposed additional conditions on Macquarie Bank's financial services licence, citing multiple and significant compliance failures.
Construction PRO
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.
Construction PRO
UK construction company Murphy is continuing its expansion with a 40 per cent stake in Sydney-based building company Abergeldie Complex Infrastructure.
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.
Construction PRO
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.
Sarah Proudfoot has been appointed as the CEO of the Australian Competition and Consumer Commission after leading the commission's National Anti-Scam Centre.
A specialist private equity lawyer with over 20 years of experience has joined King & Wood Mallesons private capital team as a partner.