Christine Caulfield

Singapore-based Hoi Hup Realty has marked its foray into the Australian property market with the $201.8 million purchase of Four Points by Sheraton in Chippendale, Sydney.

Charter Hall has picked up three industrial and logistics assets in South East Queensland, including an Australia Post distribution centre, for $192.4 million.

Meta is facing a class action investigation after reaching a multibillion-dollar settlement in cases by US authorities alleging the company designed its social media platforms to increase the risk of addiction.

Litigation funder Omni Bridgeway is challenging a decision that halved its $71 million commission in the Robodebt class action, which settled for $550 million.

Administrators for ailing residential property develor Bathla say the company will be forced into liquidation by the end of the week without further funding by lenders.

A family-owned Mitre 10 franchisee will not be on the hook for costs if its loses a novel suit seeking to block Bunnings from opening a $36 million store next to its Jimboomba store, with a judge saying the case will provide guidance on the misuse of market power effects test.

The administrators of collapsed building company Novati Constructions have been ordered to give developer Hulak two bank guarantees worth $312,500 each, with a judge finding it would be unconscionable to withhold them. 

Property developer Troon Group has acquired $80 million worth of industrial land in Western Australia's Bullsbrook, marking the company's entry into the Perth market.

The workplace umpire has proposed a landmark change that will allow more than 1.5 million employees -- the majority of them women -- to request a working from home arrangement, but has stopped short of a presumptive right in favour of the arrangements.e

A Newcastle residential development had lost its bid to pay around $6 million in damages in monthly installments, with a judge saying there was no evidence paying the amount would put the group in a bad financial situation.