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Australia has reached an agreement with the US for the supply of critical minerals and rare earths amid increasing competition with China, starting with projects in Western Australia and the Northern Territory.
Real estate emerges from interest rate-linked contraction: Dexus
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Australian real estate is bouncing back, with returns expected in the 7 to 9 per cent range over the next year, after a period of contraction triggered by an interest rate spike, according to new research.
JLL to be sued by former human resources exec
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The former human resources head for JLL in Australia is set to sue her former employer after she was allegedly sacked while on leave despite never being told she was under investigation.
Full Court revives harassment case, says judge relied on ‘preconceptions’
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An appeals court has overturned the dismissal of a sexual harassment case and ordered a new trial after finding a judge did not consider crucial evidence and relied on “a preconception of how a victim would act”.
Bakers Delight loses challenge to reverse onus finding in FWO case
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Bakers Delight has lost its appeal of a decision that found it was subject to a statutory reverse onus to disprove record-keeping claims in underpayments proceedings against a franchisee.
ASIC loses case against ex-Freedom boss, manager over sales incentives
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A court has tossed the corporate regulator’s case against Freedom Insurance’s former boss and another executive, finding that a sales incentives scheme did not breach conflicted remuneration laws.
JLL sued by former CEO, in latest fallout from harassment investigation
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The former CEO for JLL’s Australian unit has sued the real estate firm after he was allegedly terminated following an investigation into a complaint against a manager.
Investors win $9.7M in dispute over failed Gold Coast development
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A group of investors have won a dispute against a Newcastle-based company over a foreclosure on a mortgage in relation to a Gold Coast which did not proceed.
Court approves Moini’s Sydney co-living development
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The NSW Land and Environment Court has granted approval for Moini’s co-living development on Sydney’s Parramatta Road, following a conciliation conference with the Inner West Council.
AustralianSuper launches new UK housing platform, with initial $1.1B investment
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Australia’s largest super fund has launched a new real estate asset platform in the UK, aiming to be one of the country’s top rental home operators in the next five years.