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Toyota Finance hit with class action over add-on insurance
Class Actions 2025-05-26 11:56 pm By Cindy Cameronne

Toyota Finance has been hit with a class action alleging customers paid thousands for ‘junk’ add-on insurance, on the heels of a law firm’s unsuccessful bid to add the claims to an existing class action over flex commissions. 

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REA Group probed by ACCC over subscriptions for real estate agents
Real Estate 2025-05-27 11:57 pm By Christine Caulfield

Real estate listings giant REA Group faces questions by the Australian Competition and Consumer Commission over its subscription offerings.

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Developer wins appeal over deal for NDIS housing
Appeals 2025-05-27 11:34 pm By Sam Matthews

Developer Thousand Hills Property has won an appeal in its fight with LBA Capital over a scuttled property deal for NDIS housing, with an appeals court accepting that LBA repudiated the deal in an email sent by its former director.

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Seizing on ‘Olympic effect’, Centuria sells Queensland properties for $60M
Real Estate 2025-05-27 11:50 pm By Christine Caulfield

Real estate funds manager Centuria Capital Group has taken advantage of surging investment demand, selling three industrial assets in southern Queensland for an average sales premium of 25 per cent.

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QIC secures $2B to fuel Pacific Energy’s renewables growth
Energy & Natural Resources 2025-05-27 11:14 pm By Julia Kanapathippillai

Queensland Investment Corporation has completed a $2 billion refinancing and equity deal for its remote and off-grid power distributor Pacific Energy.

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Glencore gets OK to expand Ulan coal mine operations
Energy & Natural Resources 2025-05-27 11:35 pm By Andy Sidler

The NSW government has granted mine operator Glencore permission to run the Ulan coal mine until 2035, allowing for the extraction of an additional 18.8 million tonnes of coal, despite net zero targets on the horizon.

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X Corp brings legal challenge over eSafety obligations
Social Media 2025-05-26 11:48 pm By Cindy Cameronne

X Corp has brought proceedings against the eSafety commissioner arguing it is not covered under a new online safety standard, which allows the regulator to issue fines without a notice.

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Judge scolds HSBC for missing deadline to file defence in ASIC scam case
Financial Services 2025-05-26 11:37 pm By Julia Kanapathippillai

A Federal Court judge has criticised HSBC for failing to comply with court orders in the corporate cop’s case alleging the bank failed to protect customers from scams. 

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Healthscope secures $100m injection from CBA as receivers appointed
Restructuring & Insolvency 2025-05-26 11:48 pm By Christine Caulfield

The Commonwealth Bank has given Healthscope a $100 million lifeline as the embattled hospital giant appoints receivers to negotiate a sale.

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Freezing orders extended against people with suspected links to Keystone
ASIC 2025-05-26 11:25 pm By Andy Sidler

A court has extended freezing orders over the assets of two men suspected of connections to two Keystone funds, which ASIC has expressed “grave concerns” about.

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