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Indicative of Australia’s housing crisis is new data showing a drop in apartment construction, according to the country’s peak building group, with last year the worst for higher-density home building since 2011.
Practical legal training ‘rife with cheating’, lacks rigour, report finds
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A survey initiated by NSW Supreme Court Chief Justice Andrew Bell into the state’s practical legal training has found the mandatory program, which can cost up to $12,000, lacks academic rigour and is “rife with cheating”.
United Petroleum franchisee class action ordered to pay $3.7M in security
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A franchisee class action against United Petroleum over alleged loss-making Pie Face stores has been ordered to hand over $3.7 million in security, with a judge finding it was not likely to stultify the class action.
IC Markets wants deadline on class action’s search for sample group member
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Brokerage firm International Capital Markets says a class action over risky financial products must put up or shut up when it comes to claims in the case that neither applicant has standing to bring.
Clorox hit with $8.25M penalty for greenwashing
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Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
ASIC takes Wiluna Mining to court over $57M capital raising announcement
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The corporate regulator has brought enforcement action against Wiluna Mining, accusing the gold mining operation of misleading conduct over a capital raising a month before it went under.
Funder in spat with WestConnex class action applicants can’t dodge costs
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That it once had a $100,000 bank cheque is not sufficient evidence to prove a funder behind a class action over the $16 billion WestConnex tunnel can meet a costs order in a feud with the applicants, an appeals court has said.
Clayton Utz signs 12-year lease for new Canberra digs
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Clayton Utz has become the latest tenant in a new commercial precinct under development in Canberra’s CBD.
Dexus sues SA’s flagship medical institute over unsigned 30-year leases
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Real estate landlord Dexus is suing South Australia’s medical research insitute for failing to execute on 30-year leases to occupy Adelaide’s Australian Bragg Centre, despite “repeated demands”.
Acciona consortium to work on $5.7B rail project for 2032 Olympic Games
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A consortium including Acciona, UGL and others has been selected for pre-construction work on Queensland’s Logan and Gold Coast Faster Rail project, which aims to reduce congestion ahead of the 2032 Olympic Games.