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Non-bank lenders may soon play $90B role in real estate funding
Real Estate 2025-06-13 11:52 pm By Christine Caulfield

Private credit supporting Australian real estate could grow by 80 per cent over the next five years, largely fueled by increased residential development lending, according to forecasting by CBRE.

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Construction PRO
NSW government invests $115.5M in logistics precinct for clean energy push
Construction 2025-06-13 11:39 pm By Cat Fredenburgh

The NSW government has budgeted $115.5 million for a new logistics precinct in Newcastle, which will be used to store equipment needed for the state’s renewable energy push. The Minns government allocated $115.5 million for the new precinct — located next to the Port of Newcastle at the government-owned former BHP Steelworks’ intergrade site —…

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High Court to rule on whether India can dodge $111.3M arbitral award
High Court 2025-06-12 11:02 pm By Cat Fredenburgh

The High Court has agreed to review a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a ‘commercial’ matter.

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ACCC won’t oppose Allianz’ tie-up with RAA
Competition & Consumer Protection 2025-06-12 11:05 pm By Sam Matthews

The ACCC will not oppose Allianz Australia’s plan to acquire the personal insurance business of the RAA after finding the transaction, which is part of a $642 million deal, does not pose a substantial threat to competition in the South Australian market.  Insurance giant Allianz announced the $642 million deal with the Royal Automobile Association…

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Griffith University to pay $8.34M to underpaid staff
Employment 2025-06-12 11:04 pm By Julia Kanapathippillai

Griffith University has signed an enforceable undertaking to backpay $8.34 million in wages, interest and superannuation to 5,457 staff who were underpaid over a nine-year period.

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ACCC drags Jayco to court for alleged misleading advertising
Competition & Consumer Protection 2025-06-12 11:05 pm By Julia Kanapathippillai

Caravan giant Jayco faces enforcement action for allegedly making misleading claims about the off-road capabilities of its vehicles.

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Medibank’s bid to keep Deloitte reports from class action sent to Full Court
Privacy & Cybersecurity 2025-06-11 11:35 pm By Cindy Cameronne

A judge has sent to the Full Federal Court Medibank’s fight to shield Deloitte reports into a data breach, raising concerns about how evidence from a solicitor and the health insurer’s inhouse lawyer was previously treated. 

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Australian Unity taken to court over $9.5M investment in risky mortgage fund
Financial Services 2025-06-11 11:55 pm By Andy Sidler

The Australian Securities and Investments Commission has launched action against Australian Unity, alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors.

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Construction PRO
Sydney Fish Market operator loses bid for stash of docs on new development
Construction 2025-06-12 11:43 pm By Sam Matthews

After describing the $836 million project for a new Sydney Fish Market as “an architecturally designed death knell to the NSW seafood industry”, the market operator has mostly lost its application to make Infrastructure NSW hand over 100 project documents.

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Construction PRO
Roberts Co picked for Macquarie Steet hotel revamp
Construction 2025-06-12 11:11 pm By Christine Caulfield

While parts of the business have been placed in administration, Roberts Co has been selected as development manager and early contractor for a project on Sydney’s Macquarie Street.

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