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”.
Santos has secured final approval from the offshore energy regulator for its undersea Barossa gas field, dubbed by an environmental group as a “climate bomb”.
Frasers Property Industrial and Morgan Stanley Real Estate Investing have established a 50-50 joint industrial property venture in Australia valued at $600 million.
Retail property investor Region Group has sold the Greystanes Shopping Centre in western Sydney for $76 million.
A court has weighed in on the tax treatment of the proceeds of developed land, finding the landowner did not engage in business-like conduct such that his profits should be considered income.
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.
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.
An appeals court has dismissed Sky News’ challenge to a ruling that media monitor Isentia was not liable for copyright infringement despite “wholesale copying” of content for government clients.
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.
In a landmark decision, the Fair Work Commission has announced it will bump up the minimum wage for workers in childcare, health care and other industries by up to 35 per cent, following a review into gender-based pay undervaluation.
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