Industries

In a show of the office market's recovery, GPT Group has reportedly sold 750 Collins Street in Melbourne's Docklands to a private buyer for $383 million.

SkyCity has lost its bid to dismiss a claim by a former employee who alleges he was discriminated against because he was a parent of a newborn child and dismissed because he made whistleblower reports. 

A class action over alleged inflated insurance policy premiums charged by advisers of two Commonwealth Bank wealth management licensees has settled, the second class action over CommInsure to resolve this week.

The applicant in a class action against AMP wants to amend the case five years in and three months out from trial, but a judge has warned he will look dimly on any changes that disrupt the evidence planned for the hearing.

The High Court has put the brakes on a $650 million case by Mercedes-Benz dealers over the car maker's switch to a fixed-price sales model, despite acknowledging the "important issues" the appeal raised.

Developer Bloc is locked in a dispute with a contractor on the Watervue residential development in Newcastle, who it has accused of carrying out defective piling works.

The NSW Civil and Administrative Tribunal has given the operator of the Ibis Sydney Airport hotel in Mascot another chance to seek a liquor licence, finding a deferred commencement condition did not mean a development consent was not 'in force'.

The government of Western Australia will not move forward with a planned $1.6 billion redevelopment of the Perth Convention and Exhibition Centre but will instead divert most of its $1.6 billion investment to a hospital infrastructure fund.

AGL has agreed to sell the lion's share of its equity stake in Tilt Renewables to the Queensland Investment Corporation and Australia's sovereign wealth fund for $750 million.

The Australian Renewable Energy Agency will invest $45 million into Fortescue's first-of-its-kind solar innovation hub in Western Australia's Pilbara region.