The date has been set for a court battle over Dexus’ sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.
Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture.
Private credit supporting Australian real estate could grow by 80 per cent over the next five years, largely fueled by increased residential development lending, according to forecasting by CBRE.
The NSW government has budgeted $115.5 million for a new logistics precinct in Newcastle, which will be used to store equipment needed for the state’s renewable energy push. The Minns government allocated $115.5 million for the new precinct — located next to the Port of Newcastle at the government-owned former BHP Steelworks’ intergrade site —…
The High Court has agreed to review a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a ‘commercial’ matter.
The ACCC will not oppose Allianz Australia’s plan to acquire the personal insurance business of the RAA after finding the transaction, which is part of a $642 million deal, does not pose a substantial threat to competition in the South Australian market. Insurance giant Allianz announced the $642 million deal with the Royal Automobile Association…
Griffith University has signed an enforceable undertaking to backpay $8.34 million in wages, interest and superannuation to 5,457 staff who were underpaid over a nine-year period.
Caravan giant Jayco faces enforcement action for allegedly making misleading claims about the off-road capabilities of its vehicles.
A judge has sent to the Full Federal Court Medibank’s fight to shield Deloitte reports into a data breach, raising concerns about how evidence from a solicitor and the health insurer’s inhouse lawyer was previously treated.
The Australian Securities and Investments Commission has launched action against Australian Unity, alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors.