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The ACCC has confirmed it is investigating real estate listings giant REA Group, saying it was concerned to ensure “strong competition” in the real estate industry.
Glencore wins contract to supply Cobalt Blue’s Kwinana cobalt refinery
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Glencore has won a contract to supply Cobalt Blue with up to half of the necessary feedstock to run its new Kwinana cobalt refinery.
High Court asked to find mortgage was unreasonable director-related transaction
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The liquidators of a company created to invest in a $2.2 million Adelaide property have asked the High Court to reinstate a judgment that found a mortgage that sent the company into liquidation was an unreasonable director-related transaction and could be voided.
Charter Hall secures major tenants for $850M logistics hub
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Real estate fund manager Charter Hall has secured leases for 90 per cent of its $850 million Light Horse logistics hub in Eastern Creek, Western Sydney.
ASIC launches suit against missing ex-Blockchain Global director
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The corporate watchdog has brought proceedings against the former director of collapsed cryptocurrency exchange platform Blockchain Global for alleged violations of his directors duties.
Banksia receiver mulls release bid from case by class action members
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The receiver appointed a decade ago to claw back money for investors in failed Banksia Securities might seek the protection of a court order releasing him from proposed new proceedings, which would also target lawyers alleged to have breached their overarching obligations.
Court joins Harvey Norman class actions, appoints costs monitor
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A judge has approved a bid by two law firms to join forces in class actions against Harvey Norman, but has ordered that a costs monitor be appointed to protect against duplication.
TerraCom dragged into suit over alleged false coal certificates
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Coal producer TerraCom has been joined to a lawsuit brought by Korean Midland Power against a unit testing lab ALS Limited over allegedly exaggerated coal testing results.
IG Markets class action drops conflicted remuneration claims
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A class action against online trading platform IG Markets over alleged risky contracts for difference has dropped its conflicted remuneration claims after the court heard it was struggling to find a sample group member.
Class action says AMP did ‘nothing’ for 12 years to get better rate for super clients
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On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers’ superannuation with the bank.