A private group of local business people has purchased commercial office building Cairns Corporate Tower for $77.5 million.
The ACCC will not stand in the way of Elders’ $475 million takeover of rival farm supplier Delta Agribusiness, after the agribusiness giant provided an undertaking to divest six Delta stores in Western Australia.
The competition regulator has expressed worries that Yamaha Motor’s proposed acquisition of aluminium trailer boat maker Telwater could substantially lessen competition in the wholesale supply of outboard motors.
In the first-ever civil penalty proceedings for breaches of the Privacy Act, pathology services provider Australian Clinical Labs has been ordered to pay $5.8 million over a 2022 data breach that compromised the sensitive personal information of 223,000 customers of its Medlab business.
Western Sydney University is facing a class action alleging it misled students into studying a health engineering degree that was unaccredited, on the heels of similar claims being leveled at the University of Newcastle.
Children’s entertainment group The Wiggles has reached a settlement resolving a case by its former CEO, who claimed he was axed after complaints about co-founder and Blue Wiggle Anthony Field.
A former authorised representative of Resilium Insurance Broking has failed to persuade an appeals court that the intermediary network breached a contract by providing its client data to a new representative.
Projects by AGL and Tilt Renewables are among 20 clean energy developments to win underwriting agreements by the Albanese government in the latest tender under the capacity investment scheme.
The liquidator for collapsed property developer Monarch Tower has lost its appeal seeking an extension of time to bring voidable transaction claims said to be worth $27 million against 13 individuals and companies.
The High Court has rejected a special leave application by the owners of land acquired to build a Melbourne freeway that sought to overturn an “erroneous” appeals court decision which left them with $2 million for land worth over $30 million.