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Electronics retailer Harvey Norman and consumer lender Latitude Finance have been socked with a total of $55 million in penalties for a misleading ad campaign seen by millions of Australians.
Construction PRO
The site owner of a proposed shopping centre in Melton must return $1.5 million to a defunct developer that allegedly breached a $30 million land sale contract, an appeals court has found.
Construction PRO
The NSW Land and Environment Court has cleared the way for Woolworths to set up shop in Moss Vale in NSW's Southern Highlands region, accepting evidence that existing supermarkets would remain viable in light of expected population growth.
Clothing giant H&M has resolved a lawsuit brought by its former head of human resources in Australia, who accused the company of breaching employment laws.
Retailer Kmart has reached a settlement with Queensland online fashion brand Sabo Skirt over alleged cheap knockoffs.
Construction PRO
Superannuation fund-owned IFM Investors has purchased four sites in high-growth Melbourne suburbs to develop into a $300 million shopping centre portfolio as part of a partnership with Fawkner Property and Oreana.
A judge has allowed a "painfully slow" competition class action against Sony over its PlayStation store practices to file an amended pleading, after expressing concerns the case was not properly resourced.
Coles has argued that the competition regulator’s decision rejecting the supermarket giant's bid to lease a new site in Kalgoorlie, WA was based on a theory of harm that is novel under Australian law.
Construction PRO
Coles has asked the Australian Competition Tribunal to allow its proposed acquisition of a leasehold interest in a supermarket and liquor store site in Kalgoorlie to go ahead, saying the ACCC's determination "may have broader implications for future supermarket developments under the new merger regime".
A class action on behalf of 32,000 ALDI workers who were allegedly denied pay for pre- and post-shift work has settled for $55 million, with the retail workers union set to receive $1.5 million towards its costs.