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Ultra Tune has lost its appeal of a record $1.5 million fine for contempt after it failed to follow a court-ordered compliance program in proceedings brought by the consumer watchdog.
Court rejects ‘trawling exercise’ ahead of Waller Legal negligence trial
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The plaintiff in a negligence case against Waller Legal has failed in his last-minute call to vacate the trial to obtain more documents, an exercise a judge said would “make a mockery of the Civil Procedure Act”.
Sydney’s Westpoint Shopping Centre sells for record $900M
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Westpoint Shopping Centre in Western Sydney has been sold for $900 million, in Australia’s largest individual retail asset transaction.
Expect more alternative contract models in construction in 2025, new Landers partner says
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Alternative contract models are set to shake up the construction and infrastructure sectors in 2025, according to a new construction partner at Lander & Rodgers.
Snowy 2.0 hydro project halted amid union’s safety concerns
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Work on the country’s biggest renewables project has again halted after the AWU again raised safety concerns about the use of ‘refuge chambers’ on the project.
Bankrupt mining exec’s mum must turn over $6M from Rose Bay property sale
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The mother of bankrupt mining boss Ian Stolyar must pay $6.2 million from the proceeds of the sale of a Rose Bay property to the trustee of his bankrupt estate.
Jewellery chain Lovisa faces employment class action
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ASX-listed jewellery chain Lovisa has been hit with a class action after employees claimed it failed to pay them for extra hours worked.
Victoria says pepper spray class action about protestor ‘misbehaviour’
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Defending a class action brought over Victoria Police’s use of force against protestors at a mining conference in 2019, the state has told a court the case would centre on when peaceful protesting crosses a line.
Equatorial Launch says former CEO can’t call on $5M in convertible notes
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Space company Equatorial Launch Australia, which is facing an unfair dismissal from its former CEO, has told a court that solvency issues mean the former executive cannot call on $5 million in convertible notes.
Non-bank lender Firstmac hit with $8M penalty for DDO breaches
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The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the second doled out in ASIC proceedings for violations of the new design and distribution obligations.