Industries

Private hospitality group Oscars has paid $30 million for a Lendlease commercial and retail development in the harbour precinct of Barangaroo.

A judge has signed off on a $13.5 million penalty agreed to by retailer The Good Guys for making misleading statements about store credit and StoreCash schemes to customers.

Infrastructure giant Acciona has been given the nod as the construction partner for the Eyre Peninsula desalination plant in South Australia's Port Lincoln, as states ramp up investment in climate-independent water.

Climate investment firm Wollemi Capital has closed the acquisition of MPower, a transaction that will pave the way for a $100 million pipeline of renewable energy projects.

Building materials giant CSR has hit back at a misuse of market power case brought by building insulation distributor Consolidated Energy over COVID-19 price increases, blaming the higher prices on forces beyond its control.  

A judge has rejected all but two claims by ASIC in a suit against car finance provider Money3 and criticised how the regulator ran its case, saying it had consumed an "inordinate and disproportionate amount of the judicial and administrative resources of the court".

Retirement village operator Lifestyle Communities has sold a parcel of land at its Ocean Grove site in Victoria for $46.2 million. 

Saint Gobain-owned CSR has hit back at building insulation distributor Consolidated Energy's claims it engaged in anti-competitive conduct by increasing its prices during COVID-19, saying the cost increases were due to events beyond its control. 

The real estate division of investment bank Macquarie has made its foray into the land lease industry, with a plan to deliver thousands of homes on Australia's east coast through a new platform.

A shareholder class action over BHP’s disclosures about a Brazilian dam that collapsed 10 years ago has settled for $110 million on the eve of trial, one of a handful of class actions to settle for over $100 million.