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Ultra Tune loses appeal of record $1.5M fine for contempt
Competition & Consumer Protection 2025-01-28 10:39 am By Cindy Cameronne

Ultra Tune has lost its appeal of a record $1.5 million fine for contempt after it failed to follow a court-ordered compliance program in proceedings brought by the consumer watchdog.

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Court rejects ‘trawling exercise’ ahead of Waller Legal negligence trial
Trials 2025-01-28 11:42 pm By Sam Matthews

The plaintiff in a negligence case against Waller Legal has failed in his last-minute call to vacate the trial to obtain more documents, an exercise a judge said would “make a mockery of the Civil Procedure Act”.

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Sydney’s Westpoint Shopping Centre sells for record $900M
Real Estate 2025-01-30 11:27 pm By Julia Kanapathippillai

Westpoint Shopping Centre in Western Sydney has been sold for $900 million, in Australia’s largest individual retail asset transaction.

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Expect more alternative contract models in construction in 2025, new Landers partner says
Analysis 2025-01-30 10:45 pm By Julia Kanapathippillai

Alternative contract models are set to shake up the construction and infrastructure sectors in 2025, according to a new construction partner at Lander & Rodgers.

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Snowy 2.0 hydro project halted amid union’s safety concerns
Environment 2025-01-30 2:59 pm By Sam Matthews

Work on the country’s biggest renewables project has again halted after the AWU again raised safety concerns about the use of ‘refuge chambers’ on the project. 

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Bankrupt mining exec’s mum must turn over $6M from Rose Bay property sale
Restructuring & Insolvency 2025-01-28 11:09 pm By Julia Kanapathippillai

The mother of bankrupt mining boss Ian Stolyar must pay $6.2 million from the proceeds of the sale of a Rose Bay property to the trustee of his bankrupt estate.

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Jewellery chain Lovisa faces employment class action
Employment 2025-01-28 11:26 pm By Cindy Cameronne

ASX-listed jewellery chain Lovisa has been hit with a class action after employees claimed it failed to pay them for extra hours worked. 

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Non-bank lender Firstmac hit with $8M penalty for DDO breaches
Financial Services 2025-01-24 10:23 pm By Andy Sidler

The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.

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‘No flight risk’: ASIC can’t get travel ban on fund manager in probe over $35M
ASIC 2025-01-24 11:04 pm By Andy Sidler

Rejecting an urgent travel ban bid by the corporate cop, a court has cleared Melbourne businessman Rashid Alshakshir to fly to Indonesia, saying the evidence did not show he was a flight risk.

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In win for union, court muzzles St Vincent’s talk on bed closures
Employment 2025-01-24 11:44 pm By Sam Matthews

A nurses union has won orders barring St Vincent’s Private from representing to nurses that protected industrial action in relation to the closure of beds at various hospitals is unlawful and unprotected.

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