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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.
Developer Mayfield warns of ‘startling’ consequences from ruling on NSW Ports agreement
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Mayfield Developments says the High Court should overturn a finding that NSW Ports was protected by derivative Crown immunity in entering allegedly uncompetitive agreements to privatise two ports, saying the decision could have “startling” consequences such as allowing the state to devise cartel arrangements.
Jon Adgemis declares bankruptcy ahead of Federal Court hearing
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On the eve of a Federal Court bankruptcy hearing, Sydney-based publican Jon Adgemis and founder of Public Hospitality Group has declared bankruptcy, days after five of his pubs were placed into receivership.
Brisbane Olympics procurement ‘highly susceptible’ to cartel conduct: ACCC
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Warning of the propensity for major events procurement to attract cartel conduct, the competition regulator is encouraging the Queensland government to share data on bids for Brisbane Olympics projects.
‘Egregious’: Judge awards plaintiff $93K in strip search class action against NSW Police
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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.
Class action launched over ‘discriminatory’ Work for Dole program
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The Commonwealth has been hit with a class action on behalf of thousands of Indigenous people living in remote areas who took part in the “discriminatory and unjust” Work for the Dole program.
Singtel CEO says Optus Triple Zero outage caused by ‘people issue’
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Singtel CEO Yuen Kuan Moon has apologised for a 13-hour outage Triple Zero across three states that has been linked to the deaths of three people, blaming the outage on a “people issue”.
In High Court case, ASIC reminds justices litigants can’t ‘choose their judges’
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A judge did not need to recuse himself from deciding the penalty in ASIC’s case against Sunshine Loans because his earlier adverse credit findings — far from giving rise to bias concerns — were relevant to the task, the regulator has told the High Court.
Developer Villawood sues director over $240M Epping logistics estate
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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.
Kanadevia Inova hit with another suit over East Rockingham waste-to-energy project
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Swiss greentech company Kanadevia Inova has been hit with another suit by the receivers over a contract for the $500 million East Rockingham waste-to-energy plant in Western Australia.