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Non-bank lender Firstmac hit with $8M penalty for DDO breaches
Financial Services 2025-01-24 10:23 pm By Andy Sidler

The Federal Court has slapped non-bank lender Firstmac with an $8 million penalty, the secondĀ doled out in ASIC proceedings for violations of the new design and distribution obligations.

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‘No flight risk’: ASIC can’t get travel ban on fund manager in probe over $35M
ASIC 2025-01-24 11:04 pm By Andy Sidler

Rejecting an urgent travel ban bid by the corporate cop, a court has cleared Melbourne businessman Rashid Alshakshir to fly to Indonesia, saying the evidence did not show he was a flight risk.

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In win for union, court muzzles St Vincentā€™s talk on bed closures
Employment 2025-01-24 11:44 pm By Sam Matthews

A nurses union has won orders barring St Vincent’s Private from representing to nurses that protected industrial action in relation to the closure of beds at various hospitals is unlawful and unprotected.

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Lendlease wins appeal over Circular Quay land valuation
Construction 2025-01-29 11:22 pm By Christine Caulfield

Lendlease’s appeal of the NSW Valuer General’s land value determinations of luxury residential tower One Circular Quay has prevailed.

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Star to sell Sydney Event Centre for $60M
Entertainment 2025-01-29 11:36 pm By Andy Sidler

Troubled casino giant Start Entertainment has sold off its Sydney events venue to Foundation Theatres for what has been dubbed a fire sale price of $60 million.Ā 

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Fashion site FWRD loses challenge to Corezero trade mark
Intellectual Property 2025-01-24 11:41 pm By Julia Kanapathippillai

Online fashion retailer FWRD has lost its challenge to registration of the ‘FFWD’ trade mark by data processing software company Corezero.

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Dominique Grubisa asks High Court to clarify accessorial liability
High Court 2025-01-23 4:06 pm By Sam Matthews

Wealth guru Dominque Grubisa wants the High Court to overturn a finding that she had actual knowledge her company’s statements were misleading, saying the case raises unresolved questions about accessorial liability.

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Gov’t throws Rex a lifeline with $50M debt acquisition
Aviation 2025-01-23 1:19 pm By Julia Kanapathippillai

The federal government will take on $50 million of Rex Airlines’ debt to keep the troubled regional carrier flying.

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KFC franchisee forced breastfeeding manager to express milk in tent
Employment 2025-01-23 3:45 pm By Cindy Cameronne

The largest KFC franchisee in Australia has been ordered to pay damages to a former breastfeeding manager after a tribunal found she had to express milk under a tent in a doorless storeroom.

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Allens poaches real estate partner from Clayton Utz
Real Estate 2025-01-29 4:07 pm By Sam Matthews

Allens has bolstered its real estate team with the recruitment of a long-time Clayton Utz partner to join its Sydney office.

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