Most Recent
IAG’s $855M acquisition of RACQ Insurance cleared by ACCC
The Australian Competition and Consumer Commission will not oppose IAG’s acquisition of RACQI, saying more established insurers will still be able to compete in Queensland.
Construction PRO
Southbank tower developer seeks stay in Crown Group’s suit over stalled project
Developer Infinity wants to stay a case by liquidators of collapsed developer Crown Group seeking to sell the land for their stalled joint venture for a residential tower in Melbourne’s Southbank.
Construction PRO
Investa succeeds in challenge to $95M land valuation for Sydney’s Coca-Cola Place
The NSW Land and Environment Court has signed off on a land valuation agreed to between real estate investment manager Investa and the Valuer General for the site of the Coca-Cola Place tower in North Sydney.
Construction PRO
Shopping centre can’t retain $1.5M after failed $30M land purchase
A Victorian shopping centre has been ordered to pay back $1.5 million to a company that broke a contract for a $30 million land sale.
Construction PRO
Dexus wins injunction in battle over stake in Melbourne, Launceston airports
Real estate assets manager Dexus has won a court injunction against the forced sale of its shares in the company that operates Melbourne and Launceston Airports after allegations of confidentiality breaches.
Construction PRO
Developer files appeal over $95M Hyde Park property deal
The prospective developer of the Hyde Park Inn site in Sydney is appealing a decision which rejected its bid to delay a $95 million payment to the NSW Returned Service League to settle the sale. 
Tesa wants Full Court to resolve judicial conflict on apprehension of bias
Mining company Tesa Group wants the Full Federal Court to settle a conflict in judicial opinions on whether remarks made in parliament can factor into recusal applications. 
Court won’t bless Strongroom AI’s sale ahead of creditors meeting
Medtech start-up Strongroom AI has lost its bid for a court order blessing its proposal to sell the company to SRSPV Pty Ltd prior to a second creditors meeting.
Bedshed cops $40K in penalties for alleged misleading NDIS claims
Bedding and mattress retailer Bedshed has paid nearly $40,000 in penalties after the Australian Competition and Consumer issued it with two infringement notices over advertising that claimed its products were approved by the National Disability insurance Scheme.