Industries

Two Suncorp units and insurer TAL Life have agreed to pay $34 million to settle a class action over allegedly worthless add-on insurance sold at car dealerships.

Logistics company Qube wants the High Court to clarify the scope of an adjudicator's role in determining a contractor's payment claims under the SOP Act.

Property investor Harry Stamoulis is reportedly in talks to buy an office tower on Melbourne's Collins Street for $200 million.

Sydney's landmark Crystal Palace Hotel has been sold after 45 years to Feros family-owned JDA Hotels.

Infrastructure and real asset investment firm Stonepeak has entered a deal to acquire a 75 per cent interest in Queensland-based commercial fuel and logistics provider IOR Group.

A court has awarded only $100 in nominal damages to the owner of a $5 million industrial site in the ACT, despite finding there was cracking in a concrete slab covered by a warranty. 

Boab Metals has agreed to buy a processing plant for $10 million from copper ore company Sandfire.

The ACCC has won court approval to bring claims against two companies in liquidation alleging they  engaged in unconscionable and misleading conduct in the sale of printing cartridges and cleaning chemicals. 

A business lender that issued personal loans is on the hook for unlicensed credit activity, but ASIC's action against the director has failed, with a judge finding the regulator was "entirely indifferent" to the circumstances of the case.

Dairy company Fonterra can't get a court declaration that its Australian exit plans will not trigger change of control clauses in lucrative licence agreements with Bega, potentially affecting the likely sale price.