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Construction PRO
REA Group probe confirmed by competition watchdog
The ACCC has confirmed it is investigating real estate listings giant REA Group, saying it was concerned to ensure "strong competition" in the real estate industry.
Construction PRO
Glencore wins contract to supply Cobalt Blue’s Kwinana cobalt refinery
Glencore has won a contract to supply Cobalt Blue with up to half of the necessary feedstock to run its new Kwinana cobalt refinery.
Construction PRO
High Court asked to find mortgage was unreasonable director-related transaction
The liquidators of a company created to invest in a $2.2 million Adelaide property have asked the High Court to reinstate a judgment that found a mortgage that sent the company into liquidation was an unreasonable director-related transaction and could be voided. 
Construction PRO
Charter Hall secures major tenants for $850M logistics hub
Real estate fund manager Charter Hall has secured leases for 90 per cent of its $850 million Light Horse logistics hub in Eastern Creek, Western Sydney.
ASIC launches suit against missing ex-Blockchain Global director
The corporate watchdog has brought proceedings against the former director of collapsed cryptocurrency exchange platform Blockchain Global for alleged violations of his directors duties. 
Court joins Harvey Norman class actions, appoints costs monitor
A judge has approved a bid by two law firms to join forces in class actions against Harvey Norman, but has ordered that a costs monitor be appointed to protect against duplication.
TerraCom dragged into suit over alleged false coal certificates
Coal producer TerraCom has been joined to a lawsuit brought by Korean Midland Power against a unit testing lab ALS Limited over allegedly exaggerated coal testing results. 
IG Markets class action drops conflicted remuneration claims
A class action against online trading platform IG Markets over alleged risky contracts for difference has dropped its conflicted remuneration claims after the court heard it was struggling to find a sample group member. 
Class action says AMP did ‘nothing’ for 12 years to get better rate for super clients
On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers' superannuation with the bank.
Judge tosses financial advice class action against ex-CBA unit
A judge has dismissed a class action against ex-CBA unit Count Financial alleging that it breached it duty to act in clients’ best interests and ensure adviser remuneration was free of conflict.