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Victoria’s student housing pipeline has surpassed NSW, but most projects are still at the approval stage, according to a Property Council report which expressed concerns the state’s land taxes are slowing development.
Brittany Higgins ordered to pay 80% of Linda Reynolds’ costs in defamation case
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Brittany Higgins must cover 80 per cent of Linda Reynolds’ legal costs on top of $315,000 in damages the former senator was awarded in her defamation case over social media posts that implied she mishandling Higgins’ rape allegations against Bruce Lehrmann.
Former PwC boss banned for four years over tax leaks scandal
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Former PricewaterhouseCoopers CEO Thomas Seymour has been banned from registering as a tax agent for four years, after the regulator found he permitted a culture within the accounting firm of sharing confidential information.
Good Guys hit with $13.5M penalty for misleading customers about store credit
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A judge has signed off on a $13.5 million penalty agreed to by retailer The Good Guys for making misleading statements about store credit and StoreCash schemes to customers.
Labour hire firms double down on recusal bid in FWC cases
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A group of labour hire firms are continuing their push to disqualify former Labor MP turned Fair Work Commission deputy president Terri Butler from same job, same pay cases by the union representing coal miners.
Coles, Woolworths facing $780M underpayments bill after court ruling
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Coles and Woolworths estimate they will need to remediate underpaid workers up to $780 million, following a complex judgment in two class actions and regulatory proceedings handed down last week.
CSR says higher insulation costs during COVID-19 due to forces beyond its control
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Building materials giant CSR has hit back at a misuse of market power case brought by building insulation distributor Consolidated Energy over COVID-19 price increases, blaming the higher prices on forces beyond its control.
With $2.9B to spend, Macquarie’s real estate fund launches land lease platform
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The real estate division of investment bank Macquarie has made its foray into the land lease industry, with a plan to deliver thousands of homes on Australia’s east coast through a new platform.
Acciona tapped to build Eyre Peninsula desalination plant in SA
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Infrastructure giant Acciona has been given the nod as the construction partner for the Eyre Peninsula desalination plant in South Australia’s Port Lincoln, as states ramp up investment in climate-independent water.
Oscars pays $30M for Lendlease Barangaroo development
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Private hospitality group Oscars has paid $30 million for a Lendlease commercial and retail development in the harbour precinct of Barangaroo.