Industries

A former director of two marketing companies linked to the failed Shield and First Guardian funds can leave Australia for 12 days, despite ASIC’s concerns he is a flight risk.

Three owners have lost their opposition to Sydney developer Perifa Gerrale's plans to replace three ageing apartment blocks with two new buildings, with a judge finding no impropriety in the owners corporation's selection of a developer for the project.

Family-owned builder Novati Constructions has entered voluntary administration with hopes of reaching a deal with creditors to restructure the company.

Ahead of a first case management hearing this month, superannuation fund trustee Equity Trustees has hit back at ASIC’s action over member's investment in the now defunct Shield fund, saying the regulator failed to warn it.

The developer of a North Ipswich residential estate has lost its appeal against orders that it pay over $250,000 in commissions to a real estate project marketing company hired to facilitate the sale of lots.

The holder of a mining tenement in Western Australia has succeeded in setting aside a $500,000 statutory demand by a pastoral leaseholder, with a court finding there was a genuine issue in dispute about whether the amount was owed when no mining activities were undertaken.

Melbourne Water has told a court that it may join third parties to a class action brought on behalf of retirement village residents over the flooding of the Maribyrnong River.

Lendlease has announced that its CEO Tony Lombardo will depart in August this year, after the release of the company’s full year financial results.

Real estate investment manager Charter Hall has joined forces with Japan's Mitsubishi Estate Asia to develop a 40,000sqm logistics hub in Melbourne's west.

Qantas has brought a strike-out application in a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after their flights were cancelled during the COVID-19 pandemic.