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Singapore-based Keppel REIT and Australian asset manager MA Financial have paid $525 million to acquire the Top Ryde City Shopping Centre in Sydney’s northwest.
AGL, Someva Renewables win thumbs up for Pottinger Energy Park
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A joint venture of AGL Energy and Someva Renewables has been given the government’s go-ahead for a new wind farm in NSW’s Riverina region that is expected to power almost 600,000 homes.
Telstra hit with $18M penalty in ACCC case over Belong speeds
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Telstra has been ordered to pay $18 million in ACCC proceedings, after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider Belong.
Judge questions claim Banksia receiver ‘went along’ with class action settlement
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A judge has questioned whether an investor in failed Banksia Securities can bring a case against a court-appointed receiver over his support for a class action settlement later found to involve deception by a team of lawyers.
Another engineering firm faces claims in Hunter Valley crash class action
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Another company is being pulled into a class action over a fatal bus crash in NSW’s Hunter Valley, with infrastructure consulting firm AECOM planning a cross-claim against engineering firm GHD Australia.
Rebel Wilson ‘changed her position’ on actor’s alleged harassment: suit
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Rebel Wilson posted claims to her 11 million Instagram followers that the lead actress in her directorial debut had complained about a producer’s harassment, while knowing the accusations were false, a defamation case alleges.
ASIC sues Fiducian Group over ESG representations
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Looking to continue its hot streak of successful anti-greenwashing cases, the corporate regulator has taken Fiducian Investment Management to court over allegedly misleading representations about its ESG fund.
Suit against Banksia receiver, law firm a bid to ‘exhume case from grave’, court told
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The receiver for Banksia Securities — the failed lender at the centre of a scandal-ridden class action — has argued a new case accusing him of serious misconduct is vexatious and wants a court to release him from the claims.
More data exposed during WA legal admissions board cyberattack
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The Legal Practice Board in Western Australia has revealed more data, including lawyer data, was accessed during a 21 May cyberattack than was previously thought.
Shinetec says court should not allow $48M ‘windfall’ for The Gosford
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Builder Shinetec has argued $48 million paid to the developer of a $185 million project in Sydney by Bank of China under a standby letter of credit was money it lent to the collapsed developer, with a judge seeming to agree the sum would otherwise be a windfall.