Cat Fredenburgh

Real estate investment manager JY Group has acquired a 50 percent stake in the Bankstown Central shopping centre in Sydney's south-west for $318.6 million.

Two Optus customers alerted the company to a triple zero outage , during which four people died, hours before the telecommunications provider restored the emergency service, CEO Stephen Rue has revealed.

Renewables and energy storage company Edify Energy has been acquired by Canadian pension fund La Caisse in a $1.1 billion deal, which includes investments in two planned solar and BESS hybrid projects. 

An undisclosed Asian investor has acquired a Commonwealth Bank-anchored property in Sydney's south-west for $31.3 million.

The privacy commissioner has found Kmart Australia breached privacy laws by using facial recognition technology in its stores to combat refund fraud, finding the privacy invasion was disproportionate.

German car hire company SIXT has expanded its $1.9 million case against the Darwin International and Alice Springs airports over allegedly unlawful lease agreements, alleging the Darwin airport acting unconscionably and in retaliation by serving it with a notice to vacate the airport site.

Advised by Corrs Chambers Westgarth, uranium producer Paladin Energy has raised $300 million to advance its Patterson Lake South project in Canada.

Packing giant Pact Group, owned by billionaire Raphael Geminder, has won its bid to have two barristers cross-examine an expert for logistics and supply chain company TIC Group when their dispute over a $30 million earn out payment goes to trial in December.

Super Retail Group CEO Anthony Heraghty has been fired for inadequate disclosures about his affair with former HR head Jane Kelly, over a year after the retailer told investors an investigation found whistleblowers allegations about the affair were unsubstantiated.

A consortium led by the investment arm of Abu Dhabi's National Oil Company has dropped a $30 billion takeover bid for oil giant Santos.