Industries

An upscale health and wellness facility in Melbourne’s eastern suburbs has been sold to a private investor for $24.65 million. 

The corporate regulator has banned a MWL Financial adviser for eight years for recommending clients park the bulk of their superannuation into Keystone's high-risk Shield Master Fund, which has since collapsed.

An ex gratia payment under Queensland's tax laws is just what it means — one made by the state revenue office as a favour and not a legal obligation, a court has found in a loss for UK developer Avon.

Queensland developer Cav Gasworks is facing a suit by a purchaser of an 'off-the-plan' apartment, after being ordered to pay $10.3 million for using a sunset clause to renege on an agreement with another buyer in the luxury Newstead high-rise.

Australia has reached an agreement with the US for the supply of critical minerals and rare earths amid increasing competition with China, starting with projects in Western Australia and the Northern Territory. 

Australian real estate is bouncing back, with returns expected in the 7 to 9 per cent range over the next year, after a period of contraction triggered by an interest rate spike, according to new research.

Receivers for Jon Adgemis' Public Hospitality Group are planning to put the South Bondi Hotel on the market by the end of the year.

Former Keybridge CEO Nicholas Bolton, who was voted out in a board spill earlier this year, has lost his bid to bring a derivative suit against director Frank Catalano over a failed bid to acquire a rural publisher previously owned by Nine. 

A judge has refused to join the ATO as an interested party to a case over the receivership of investment platform Brite Advisors, after the receivers worried they could be on the hook for $75.4 million in capital gains tax. 

In the wake of a judgment that Apple and Google misused their market power in running their app stores, the tech giants are fighting injunctions proposed by Epic Games, which they say go beyond the case argued at trial.