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Citing financial uncertainty, Star says trial in AUSTRAC case should not wait
AUSTRAC 2025-04-16 11:26 pm By Julia Kanapathippillai

Embattled casino operator The Star says a trial in AUSTRAC’s case should not be delayed until the finalisation of a $300 million buyout offer from Balley’s, as suggested by the financial crimes watchdog.

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$64.25M settlement in MLC Super class action on ‘higher end’, court told
Class Actions 2025-04-16 3:19 pm By Andy Sidler

A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”. 

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Frasers Property in $600M logistics JV with Morgan Stanley’s real estate investment arm
Real Estate 2025-04-22 1:04 pm By Julia Kanapathippillai

Frasers Property Industrial and Morgan Stanley Real Estate Investing have established a 50-50 joint industrial property venture in Australia valued at $600 million.

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Developer can’t claim setoff in spat with Tomkins over $55M Sunshine Coast apartments
Contracts 2025-04-22 11:30 pm By Julia Kanapathippillai

An appeal against a ruling that the developer of a $55M Sunshine Coast residential complex could not set off a liquidated damages claim against builder Tomkins’ pre-completion payment claim has been thrown out.

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BHP, ACCIONA Energía to explore pumped hydro facility at Mt Arthur site
BHP 2025-04-22 1:29 pm By Julia Kanapathippillai

Mining giant BHP and ACCIONA Energía will investigate if the site of NSW’s largest thermal mine is capable of conversion into a pumped hydro energy storage facility.

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Barrister’s failure to file tax returns doesn’t warrant lifting suspension stay: tribunal
Business of Law 2025-04-16 11:04 pm By Julia Kanapathippillai

A stay of a barrister’s suspension remains in place despite claims she failed to lodge eight tax returns, with a tribunal saying non-compliance with tax obligations did not necessarily render a lawyer unfit to practice.

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Judge ends Keybridge administration, finds company is solvent
Restructuring & Insolvency 2025-04-15 2:08 pm By Andy Sidler

After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company’s administration after it provided a letter of comfort and offer to fund its debts.

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Woolworths unit wins fight with council over look of Broadmeadow store
Construction 2025-04-16 11:01 pm By Andy Sidler

Newcastle council’s concerns about the street appeal of a Woolworths development have been brushed aside, with a court finding that reasonable minds may differ on the question of ‘high visual quality.’ On Tuesday, Justice John Robson of the NSW Land and Environment Court granted the development approval sought by Woolworths’ development unit Fabcot Pty Ltd,…

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Practical legal training ‘rife with cheating’, lacks rigour, report finds
Business of Law 2025-04-14 11:15 pm By Julia Kanapathippillai

A survey initiated by NSW Supreme Court Chief Justice Andrew Bell into the state’s practical legal training has found the mandatory program, which can cost up to $12,000, lacks academic rigour and is “rife with cheating”.

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ASIC takes Wiluna Mining to court over $57M capital raising announcement
Energy & Natural Resources 2025-04-14 11:52 pm By Julia Kanapathippillai

The corporate regulator has brought enforcement action against Wiluna Mining, accusing the gold mining operation of misleading conduct over a capital raising a month before it went under.

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