Real Estate

Asian investor scoops up CBA-anchored Sydney building for $31.3M

Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Save (0) Please login to bookmark Close Username or Email Address Password Remember Me An undisclosed Asian investor has acquired a Commonwealth Bank-anchored property in Sydney’s south-west for $31.3 million. The sale of the trophy asset at 38 John Street for…

Telecommunications

Optus alerted to triple zero outage hours before restoring service, CEO says

Two Optus customers alerted the company to a triple zero outage , during which four people died, hours before the telecommunications provider restored the emergency service, CEO Stephen Rue has revealed.

ASIC

ASIC head Joe Longo to depart at end of term

Australian Securities and Investments Commission chair Joe Longo will hang up his badge after his term as head of the corporate cop ends in eight months.

Class Actions

Acciona lobs cross-claims in Hunter Valley bus crash class action

Acciona is targeting engineers SMEC and Jacobs Group in cross-claims after being joined to a class action over a deadly bus accident in NSW’s Hunter Valley, as two more parties in the proceeding flag further cross-claims.

Class Actions

Cosmetic surgery class action doctors can’t cut accessorial liability claims

Four doctors named in a class action over cosmetic surgeries performed at Daniel Lanzer’s clinic in Sydney can't dodge claims they are liable as accessories for alleged misleading social media ads. 

Class Actions

Maurice Blackburn mulls expanding group in Hyundai, Kia class actions

Maurice Blackburn has proposed expanding the group definition in class actions against Hyundai and Kia over allegedly defective anti-lock braking systems after winning a carriage fight against a proceeding that included additional recalls in its group membership. 

Privacy & Cybersecurity

Telegram wins more time to prep appeal of $1M eSafety fine

Encrypted messaging app Telegram has won its bid to delay the hearing of its challenge to a $1 million fine from the eSafety Commissioner, after complaining about a "document dump" from the regulator. 

Business of Law

Lander & Rogers nabs technology expert from Clayton Utz

Lander & Rogers has hired a technology, data and intellectual property pro from Clayton Utz to join its team in Melbourne.

Financial Services

Ratings house faces ASIC investigation over Keystone fund

ASIC has confirmed it is investigating at least one ratings house which said Keystone’s failed Shield Master Fund was of 'investment grade', as the corporate watchdog seeks to claw back $480 million in investor funds. 

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