Suncorp units, TAL to pay $34M to settle add-on insurance class action

Posted on 2025-04-292025-04-29 by Cat Fredenburgh

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Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.

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Qube takes $70M SOPA spat with Martinus Rail to High Court

Posted on 2025-04-302025-05-02 by Christine Caulfield

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Logistics company Qube wants the High Court to clarify the scope of an adjudicator’s role in determining a contractor’s payment claims under the SOP Act.

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Harry Stamoulis in $200M bid for Melbourne office tower

Posted on 2025-04-302025-05-01 by Julia Kanapathippillai

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Property investor Harry Stamoulis is reportedly in talks to buy an office tower on Melbourne’s Collins Street for $200 million.

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JDA Hotels scoops up landmark Crystal Palace Hotel

Posted on 2025-04-302025-05-01 by Cat Fredenburgh

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Sydney’s landmark Crystal Palace Hotel has been sold after 45 years to Feros family-owned JDA Hotels.

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KWM-repped Stonepeak acquires major stake in IOR Group

Posted on 2025-04-302025-05-01 by Christine Caulfield

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Infrastructure and real asset investment firm Stonepeak has entered a deal to acquire a 75 per cent interest in Queensland-based commercial fuel and logistics provider IOR Group.

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Purchaser of ‘defective’ ACT property loses bid for $5.3M in damages

Posted on 2025-04-302025-05-01 by Andy Sidler

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A court has awarded only $100 in nominal damages to the owner of a $5 million industrial site in the ACT, despite finding there was cracking in a concrete slab covered by a warranty.

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Boab acquires processor for open pit mine for $10M

Posted on 2025-04-302025-05-01 by Julia Kanapathippillai

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Boab Metals has agreed to buy a processing plant for $10 million from copper ore company Sandfire.

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Linchpin investors to get $7.2M in class action settlement with AIG

Posted on 2025-04-292025-04-29 by Andy Sidler

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An investor class action against failed advisory firm Linchpin Capital has sought court approval of a $12.15 million settlement with insurer AIG, which will leave 176 group members to share in $7.2 million after deductions.

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ACCC can bring misleading conduct claims against printer supplier

Posted on 2025-04-292025-04-29 by Andy Sidler

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The ACCC has won court approval to bring claims against two companies in liquidation alleging they engaged in unconscionable and misleading conduct in the sale of printing cartridges and cleaning chemicals.

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ASIC has mixed success in case against family-owned business lender

Posted on 2025-04-292025-04-30 by Julia Kanapathippillai

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A business lender that issued personal loans is on the hook for unlicensed credit activity, but ASIC’s action against the director has failed, with a judge finding the regulator was “entirely indifferent” to the circumstances of the case.

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