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Nine not required to post defamation apology on homepage: court
Defamation 2025-05-30 12:15 am By Andy Sidler

A judge has found that Nine’s apology to the former owner of collapsed budget airfare company Bestjet over unsubstantiated claims made in a story about the company’s demise was sufficient to resolve their defamation dispute. 

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Quasar Constructions director sold $24M in properties before company’s collapse, court told
Construction 2025-06-02 11:13 pm By Andy Sidler

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
Real Estate 2025-06-02 10:36 pm By Cindy Cameronne

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
M&A 2025-06-02 11:23 pm By Cat Fredenburgh

Investment house Washington H. Soul Pattinson has reached a merger agreement with building products and property company Brickworks to create a $14 billion powerhouse.

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AUSTRAC flags organised crime risks at Queensland, NT casinos
Gaming 2025-05-30 9:43 pm By Julia Kanapathippillai

Australia’s financial crimes agency has sounded the alarm on organised crime risks at two casinos in Far North Queensland and the Northern Territory.

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Court OKs settlement with gag clause in Marsden Park development class action
Class Actions 2025-05-29 11:23 pm By Cindy Cameronne

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. 

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Paladin Energy to face competing shareholder class actions
Class Actions 2025-05-29 11:44 pm By Cat Fredenburgh

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.

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Competition cop confirms REA Group investigation
Competition & Consumer Protection 2025-05-29 11:49 pm By Christine Caulfield

The competition watchdog confirmed Thursday it was investigating real estate listings company REA Group.

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Victoria greenlights Viva Energy’s LNG terminal
Energy & Natural Resources 2025-05-30 11:43 pm By Andy Sidler

The Victorian government has given the go-ahead to Viva Energy’s plans to construct a liquefied natural gas terminal in Geelong.

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Healthscope landlords agree to rent relief, as other operators express interest
Real Estate 2025-05-30 11:58 pm By Christine Caulfield

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.

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