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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.
Australian Unity offloads Greensborough Medical Centre for $32.5M
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Mutual company Australian Unity has sold the Greensborough Medical Centre and Day Hospital in Victoria to the Property Advisory for $32.5 million.
Banksia class action silk pleads not guilty, committed to stand trial
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Former senior barrister Norman O’Bryan has pleaded not guilty to two criminal charges in connection with his role as counsel for the Banksia Securities class action.
Barrister in Banksia class action can’t keep committal hearing under wraps
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Former barrister Norman O’Bryan has lost his bid to suppress reporting on the hearing where he was committed to stand trial for criminal offences related to his role in the Banksia class action, with a magistrate finding the orders would be “futile”.
NSW anti-protest rule unconstitutional, judge says
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A judge has struck down controversial new anti-protest laws in New South Wales which gave police powers to shut down protests “in or near a place of worship”, finding they were contrary to the freedom of political communication.
ACCC wants in on developer’s High Court case over NSW Ports
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Having lost a challenge to privatisation agreements by NSW Ports, the competition regulator wants to intervene in a High Court appeal by Mayfield Developments, which failed in its own case against the port authority.