Funeral insurer ACBF has been hit with a $3.5 million penalty for “callous” and “egregious” misrepresentations to Indigenous customers that its business was Aboriginal owned or managed.
A Melbourne University engineering professor who was sacked for sending intimate messages to a PhD student has been reinstated after the Fair Work Commission found he was unfairly dismissed.
A class action on behalf of families of victims of a bus accident in Hunter Valley, NSW has won court approval to add builder Acciona and consultant AECOM as defendants, claiming they were responsible for the construction and certification of the interchange where the tragedy occurred.
In a new suit against the developer of an abandoned $185 million project in Sydney, Shinetec has asked the court to declare its priority interest in a $48 million payment recently paid to the developer by Bank of China.
Australian building services provider Johns Lyng Group has agreed to be acquired by a subsidiary of private equity group Pacific Equity Partners in a $1.3 billion deal.
A court has described a plan to demolish a 32-room boarding house for the construction of four luxury residences in Paddington as an “unacceptable loss” of affordable housing in inner-city Sydney.
Private equity real estate firm AsheMorgan has snapped up two industrial properties, paying a reported $33.5 million for a logistics hub in Melbourne and $20.5 million for another in Brisbane.
Toyota has been hit with a class action alleging that a defect in certain Corolla models caused paint to peel when exposed to sunlight or ultraviolet light.
Dyldam Developments has won approval to settle a case by the liquidator of a special purpose vehicle over the proceeds of a Paramatta development that sold for $74 million — bolstered by major shareholder Persephone’s “gritted teeth” backing.
Real estate portals Domain and REA Group have settled a lawsuit that alleged Domain scraped photos and floorplans from REA’s exclusive listings for its property reports.