A residential land lease community in NSW’s Central Coast must repay residents for a fee hike after a tribunal ruled the contractual term providing for the increase involved “double dipping” to account for inflation.
Deutsche Bank has appointed receivers to five pubs owned by Public Hospitality Group ahead of a bankruptcy hearing against the group’s owner and former KPMG partner, Jon Adgemis.
Superannuation fund Aware Super is teaming up with Goodman Group on a $2 billion platform that owns three logistics properties in Los Angeles.
Renewables company ACEN has won the Albanese government’s approval to build its 900 megawatt Valley of the Winds project in Coolah, NSW.
A former contractor at the ASX has alleged the securities exchange was “embarrassed” by governance failures relating to a $200 million technology modernisation program and sought to hide the issues from the Reserve Bank of Australia.
Telstra has reached an agreement with the consumer regulator after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider, Belong.
Clive Palmer has lost a battle over Western Australian legislation shielding the state from the fallout of a decision barring a proposed Pilbara iron ore project, with a tribunal finding it had no jurisdiction to hear the $300 billion case.
Hall & Wilcox has struck back at proceedings by the liquidators for collapsed construction group Hastie, saying they have failed to specify why its $18.6 million legal bill incurred in suing two dozen builders is unreasonable.
Hostplus has called out Lendlease for encouraging investors to skip a meeting convened by the super fund heavyweight in its bid to boot the real estate manager from the $2 billion APPF Industrial fund.
Property valuer M3 Property has denied claims that its lease valuations were incorrect and led to tenants of Adelaide’s Rundle Mall being overcharged and says that if it is found liable, brokers CBRE and JLL should be on the hook as well.