Captain Cook hit with $30M in penalties for systemic unconscionable conduct

Posted on 2025-05-272025-05-28 by Julia Kanapathippillai

Please login to bookmark

Defunct education provider Captain Cook College and its parent company have been penalised over $30 million for enrolling thousands of vulnerable students who accrued $60 million in debt.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

‘Extremely inconvenient’: Court unhappy with arbitration push in EnergyConnect project spat

Posted on 2025-05-28 by Sam Matthews

Please login to bookmark

In a court fight between engineering firm Clough and its former joint venture partner Elecnor, a judge has questioned Elecnor’s “extremely inconvenient” bid to send Clough’s $54 million cross-claim to arbitration in Singapore.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Byron Bay’s The Beach Hotel sells for near record $140M

Posted on 2025-05-282025-05-30 by Cat Fredenburgh

Please login to bookmark

The Beach Hotel in Byron Bay has reportedly changed hands for $140 million — the second highest price paid for an Australian pub.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Albanese government signs off on extension of Woodside’s North West Shelf

Posted on 2025-05-282025-05-28 by Cat Fredenburgh

Please login to bookmark

Woodside’s North West Shelf gas project will be extended until 2070, after receiving approval from the environment minister.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

MAC Copper accepts $1.6B takeover bid from Harmony Gold

Posted on 2025-05-282025-05-29 by Cat Fredenburgh

Please login to bookmark

MAC Copper, which operates the Cobar copper mine in NSW, has accepted a $1.6 billion takeover offer from South African-based gold mining company Harmony Gold.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Surfers Paradise’s Cavill Lane sells to investment firms for $31M

Posted on 2025-05-282025-05-29 by Julia Kanapathippillai

Please login to bookmark

Surfers Paradise’s Cavill Lane retail precinct has been sold for $31 million to investment management companies Boston Global and The Property Factory.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

TerraCom to pay $7.5M to settle ASIC’s whistleblower suit

Posted on 2025-05-272025-05-28 by Cat Fredenburgh

Please login to bookmark

Coal producer TerraCom has agreed to pay $7.5 million to resolve ASIC proceedings alleging it made misleading statement to the market that damaged a whistleblower’s reputation.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ATO whistleblower pleads guilty to secret recording, will avoid jail

Posted on 2025-05-282025-05-29 by Julia Kanapathippillai

Please login to bookmark

Australian Tax Office whistleblower Richard Boyle has pleaded guilty to four charges connected to disclosures he made against his employer, but will avoid jail.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

ASX can’t see file notes of key ASIC interview in CHESS case

Posted on 2025-05-272025-05-28 by Cindy Cameronne

Please login to bookmark

A judge has upheld ASIC’s privilege claim over a solicitor’s notes from an interview with a tech start-up boss involved in the ASX program to replace its CHESS system.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?

Marsh points finger at UBS in $7B Greensill cases

Posted on 2025-05-272025-05-28 by Cindy Cameronne

Please login to bookmark

Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse.

Subscribe to Lawyerly to access this article.

Already a subscriber?
Lost your password?