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Quasar Constructions director sold $24M in properties before company’s collapse, court told
A judge has said that asset preservation orders are likely warranted against the former head of collapsed builder Quasar Constructions, after its liquidator revealed he sold $24 million in property interests shortly before the company went under, but found he did not have power to make the orders. 
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Late artist’s ‘animus’ toward Cranbrook won’t bar school’s offer on $33M home
A charitable trust of the late artist Martin Sharp, known for designing album cover art for Eric Clapton, can sell his $33 million home to the neighbouring Cranbrook, despite having expressed "animus" towards the prestigious private school, a judge has said.
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Soul Patts, Brickworks sign $14B merger pact
Investment house Washington H. Soul Pattinson has reached a merger agreement with building products and property company Brickworks to create a $14 billion powerhouse.
AUSTRAC flags organised crime risks at Queensland, NT casinos
Australia’s financial crimes agency has sounded the alarm on organised crime risks at two casinos in Far North Queensland and the Northern Territory.
Court OKs settlement with gag clause in Marsden Park development class action
A judge has signed off on a confidential settlement in a class action over off-the-plan homes in a proposed north-west Sydney development, including a clause that prevents group members from making any public statements about the suit or disparaging the parties. 
Paladin Energy to face competing shareholder class actions
Uranium miner Paladin Energy is facing a second shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.
Competition cop confirms REA Group investigation
The competition watchdog confirmed Thursday it was investigating real estate listings company REA Group.
Construction PRO
Victoria greenlights Viva Energy’s LNG terminal
The Victorian government has given the go-ahead to Viva Energy's plans to construct a liquefied natural gas terminal in Geelong.
Construction PRO
Healthscope landlords agree to rent relief, as other operators express interest
Asset manager HMC Capital, which owns 11 private hospitals operated by embattled Healthscope, has reached a rent deferral deal with receivers and says other operators have expressed interest in taking up tenancy.
Construction PRO
Brazilian nickel mine shareholders win appeal in $78M sale dispute
Two Australian companies who held all the shares in Mirabela Mineração do Brasil’s main asset, the Santa Rita Mine, have successfully argued that a contract variation and their subsequent termination of the sale contract was lawful, in spite of their Brazilian counterparts' late signature.