Industries

Property manager Fortius has lost its bid to bring negligence claims under NSW's Design and Building Practitioners Act against certifier City Plan Services in defects litigation over the One Central Park development in Sydney.

Tax reforms aimed at capital gains and negative gearing sailed through Parliament on Thursday night, with the Treasurer calling the changes a win for "workers, first home buyers and future generations".

The owner of Northcote Shopping Centre in Melbourne has lost its bid for leave to appeal in a fight with budget supermarket Aldi over whether clauses imposing a cap on rental increases is contrary to the Retail Leases Act.

Lendlease will sell its stake in the Keyton Retirement Living Trust to Aware Super for $525 million as the property giant looks to trim its debt. 

NSW is cracking down on underquoting by real estate agents, passing a new law under which they will face penalties of up to $110,000 for engaging in the misleading practice.

The government of Peru has won its appeal against an Australian Trade Mark Office decision that rejected its bid to trademark the alcoholic spirit pisco.

A shareholder class action has won access to reports by FTI Consulting and KPMG that were commissioned by water remediation company Phoslock, with a judge finding they were not created for the dominant purpose of providing legal advice.

Super trustee Diversa has denied it is liable for $300 million in alleged investor losses after it made the First Guardian Master Fund available on its platform, pointing the finger at responsible entity Falcon Capital, its directors and ASX-listed promoter Praemium.

Gilbert + Tobin, Holding Redlich, Thomsons and HWL Ebsworth have announced their partner promotions for 2026, with projects and infrastructure among the key practice areas to benefit from this year's appointments.

Google has hit back at a class action alleging it abused its dominance in the digital advertising market, saying that publishers are able to, and often do, develop their own ad tech tools or rely on competing third-party solutions.