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GPT Group will put down $850 million for a 50 per cent interest in the Grosvenor Place office tower in Sydney’s CBD, amid an improved outlook for the country’s official fundamentals.
Tilt Renewables wins approval for 108 MW wind farm
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Electricity company Tilt Renewables has won government approval for a 40 MW wind farm in Western Australia’s Wheatbelt.
Mastercard can appeal privilege waiver ruling in ACCC’s case
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Mastercard can pursue an appeal of a ruling for the competition regulator requiring the credit card giant to hand over communications about its agreements with retailers, which are at the centre of a misuse of market power case.
Office worker who discussed polyamory, role-playing loses FWC dismissal case
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A Perth office employee found to have leered at female colleagues and openly discussed attending sex parties has lost his unfair dismissal case despite his employer’s “shambolic” investigation.
ACCC opposes Kegstar’s bid to acquire competitor’s keg pooling assets
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The ACCC will oppose US keg services business Kegstar’s plans to acquire the assets of Konvoy Holdings, saying it would substantially lessen competition for keg pooling services.
Lovisa underpayments class action sets up next reverse onus test
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Jewellery retailer Lovisa has struck back at an underpayments class action, saying it does not have the burden of disproving the underpayments claims because the applicants have not proven each alleged unpaid overtime hour was actually worked.
Nike loses challenge to swoosh-like trade mark of Canberra football club
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Nike has lost its challenge to a Canberra AFL club’s trade mark, with IP Australia finding that the “arc-like feature” depicting a football in flight was not deceptively similar to the sportswear giant’s iconic swoosh mark.
Fletcher Building unit points finger at BGC in pipes class action
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Iplex Pipelines has argued builder BGC should hand over documents relating to its estimate that it will cost $123 million to fix homes it claims were fitted with faulty pipes manufactured by the Fletcher Building unit.
Insurer must indemnify Rio Tinto mine operator for labour hire worker’s injury
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A GIO insurance policy held by labour hire company Workpac extended to indemnify a Rio Tinto mine operator for damages resulting from an injury to a worker, an appeals court has found.
US-based Air T to acquire regional carrier Rex Airlines
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The administrators of struggling regional airline Rex have entered into a sale agreement with NASDAQ-listed aviation holding company Air T, with the federal government stepping in to facilitate the sale.