Real estate investment trust Dexus Industria REIT has agreed to acquire two warehouses in Melbourne’s south-east for a combined price of $47.5 million.
A judge has ordered the NSW government to pay $93,000 in damages to the lead plaintiff in a class action over police strip searches at music festivals, finding a “conspicuous deficiency” in the training of officers.
A Melbourne developer has sued its director, alleging that he unlawfully issued himself shares in an industrial estate development in Epping using a “simulated” signature, a claim which the director denies.
Intrapac unit Brencorp has filed a suit against Casey Group, alleging the rival property developer devised an “underhand” deal to swindle it out of the acquisition of a golf club in southeast Melbourne.
Renewables company ACEN has won the Albanese government’s approval to build its 900 megawatt Valley of the Winds project in Coolah, NSW.
The competition regulator has reached a data-sharing agreement with NSW to combat bid rigging on state contracts worth a total of $42 billion annually, in a partnership that will deploy AI to find potential cartel culprits.
Clive Palmer has lost a battle over Western Australian legislation shielding the state from the fallout of a decision barring a proposed Pilbara iron ore project, with a tribunal finding it had no jurisdiction to hear the $300 billion case.
Property valuer M3 Property has denied claims that its lease valuations were incorrect and led to tenants of Adelaide’s Rundle Mall being overcharged and says that if it is found liable, brokers CBRE and JLL should be on the hook as well.
An entity associated with the director of defunct Sydney builder Quasar Constructions has failed to hand over details about its assets to liquidators, prompting further orders with a warning from the court.
The Chief Justice of the Queensland Supreme Court has warned lawyers they could be referred to the legal watchdog or face a personal costs order if they file submissions that contain hallucinations produced by generative artificial intelligence.