Industries

The owners of two trusts that manage properties in Melbourne’s south-eastern and western suburbs have won a land tax refund after a court found Victoria's revenue office should have assessed the holdings separately.

A local council in Queensland  has won its appeal of a decision which found a Moreton Bay property owner, whose land was slated to be acquired by the council, can recover more than just legal costs.

Pacific Werribee Shopping Centre co-owner Wadren has been pulled up by a judge for breaching an order over the use of an engineering model for expert evidence in a $356 million defects case against the collapsed Probuild.

Octet Finance has won a $38,000 judgment against the ex-CFO of defunct pie maker Mrs Mac’s, with a court finding he failed to correct a statement that the trade financier would likely be repaid in full following a $4 million recapitalisation.

The judge overseeing a case by the liquidators of real estate investment firm Global Capital Property Fund won't allow two GCPF directors to appear on behalf of related companies named in the case, saying they would not be able to act “independently and objectively”.

Another Coles manager has faced questioning in a case alleging the supermarket giant's 'Down Down' campaign was illusory, admitting the "only reason" for a four-week price jump on quince paste was to enable a discount. 

Newcastle University has hit back at a class action over an unaccredited engineering degree, saying students can still get jobs and it is a simple “administrative” task to become members of the professional body for engineers.

Goodman Group has touted its 6 GW power bank at sites across Australia, Europe and North America, amid predictions for skyrocketing demand for digital infrastructure.

Charter Hall Group's retail fund has grown to $3 billion after picking up three east coast shopping centres for $360 million, in a sign of the robustness of the sector.

Alcoa has been hit with a $55 million fine for clearing land in Western Australia's Northern Jarrah Forest without seeking approval, but environmental groups say the penalty is a slap on the wrist for the US mining giant.