Whyalla Port administrators win bid to delay creditors meeting

Posted on by Sam Matthews
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The administrators of the company claiming to own the Whyalla Port have more time until a second creditors meeting to investigate a proposed DOCA as well as a $1.3 billion proof of debt served by Whyalla steelworks operator OneSteel.

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Orica scores $432M from for Hunter Valley hydrogen hub

Posted on by Cat Fredenburgh
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The federal government is leaning into renewable hydrogen to decarbonise Australia’s heavy industries, providing up to $432 million to explosives and ammonia manufacturer Orica for its Hunter Valley hydrogen hub.

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Provisional liquidators appointed to Melbourne developer Lion Property

Posted on by Julia Kanapathippillai
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A court has appointed provisional liquidators to Melbourne developer Lion Property Group after hearing that $120 million of investor money was not properly accounted for.

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Consolidated Properties buys Brisbane riverfront site from Mirvac for $64M

Posted on by Julia Kanapathippillai
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Consolidated Properties Group has acquired the last remaining riverfront development site in the Brisbane suburb of Newstead for $64.5 million from Mirvac Group.

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Builder says owners having ‘tantrum’ in spat over Maroubra complex

Posted on by Christine Caulfield
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A defects case over an apartment complex in the Sydney beachside suburb of Maroubra has turned ugly, with a lawyer for the builder accusing the owners corporation of having a “tantrum”.

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Till Payments can’t fight ‘royal commission’-style doc bid over capital raise claims

Posted on by Andy Sidler
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Investors in Till Payments have won discovery for a possible suit over $43 million in alleged losses suffered after it was sold for just $47 million following a $200 million capital raise, with a judge rejecting arguments that the bid amounted to a royal commission. 

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Debt management firm still MIA as ASIC trial looms

Posted on by Andy Sidler
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A judge has said an 11-day trial in ASIC’s case against Solve My Debt Now will go ahead in December despite a third set of solicitors ceasing to act and no sign that the debt management firm will put on evidence. 

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Ord Minnett wins appeal in fight with wealth advisor over wage entitlements

Posted on by Cindy Cameronne
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Stockbroking firm Ord Minnett has overturned a judgment finding it owed years of wages and other entitlements to a wealth adviser who was only paid in commissions.

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