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Judge blocks Domain redirect in REA trade mark battle
Intellectual Property 2018-11-30 9:57 pm By Christine Caulfield

Real estate advertiser REA Group has won an emergency injunction against Domain that blocks its rival from authorising the owner of the US website realestate.com to redirect Australian traffic to Domain.

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Online property giant REA sues Domain for referral deal with realestate.com
Intellectual Property 2018-11-29 2:52 pm By Christine Caulfield

Online real estate giant REA Group is suing competitor Domain Group over a referral arrangement with the US-based owner of the web address realestate.com, saying the deal amounts to trade mark infringement and misleading and deceptive conduct.

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Barry Plant hit with $720,000 fine for duping house hunters with low display prices
Competition & Consumer Protection 2018-11-20 10:47 am By Christine Caulfield

Real estate agency Barry Plant has been hit with a $720,000 fine after admitting it breached the consumer laws by underquoting the likely selling price of 20 properties listed online.

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ACCC wins record $18M fine against property spruiker We Buy Houses
Competition & Consumer Protection 2018-11-15 2:52 pm By Cat Fredenburgh

A court on Thursday hit property spruiker We Buy Houses and its sole director, Richard ‘Rick’ Otton, with a record $18 million in total fines for misleading property investors with claims they could learn to buy real estate for $1.

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Ray White promised agents riches, then axed them, suits say
Employment 2018-10-25 3:14 pm By Christine Caulfield

Real estate group Ray White has been hit with lawsuits by two sacked directors of its projects unit, who claim they turned down profit-sharing job offers from industry rivals for lucrative, long-term employment with the family-owned agency that lasted seven months.

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Crown says NSW gov’t ‘spruiked’ to block Sydney harbour views
Real Estate 2018-10-15 11:25 pm By Miklos Bolza

Crown Resorts has accused the NSW government of breaching its contractual obligations by “spruiking” to construction firms for development at central Barangaroo that would obstruct its views of the Sydney Harbour Bridge and the Opera House.

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ASIC bans fourth NAB banker over home loan fraud scam
Financial Services 2018-10-08 11:01 pm By Christine Caulfield

Former National Australia Bank branch manager Mathew Alwan has been permanently banned from the financial services industry for his involvement in a home loan fraud ring in greater western Sydney.

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Metricon pays ASIC fine for misleading first home buyers
Real Estate 2018-10-03 10:25 pm By Christine Caulfield

Housing giant Metricon will pay $50,400 in penalties after being hit with four infringement notices for misleading advertising aimed at first home buyers. 

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Mortgage firm can’t shut down derivative suit over Macquarie Bank sale
Appeals 2018-09-11 5:49 pm By Christine Caulfield

Mortgage aggregator Connective Group has lost an appeal of a ruling that gave the greenlight to a shareholder’s derivative lawsuit against company directors and Macquarie Bank over the sale of 25 percent of the business to the bank.

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Judge gives RE/MAX, Resimax a week to settle trade mark fight
Intellectual Property 2018-08-17 9:37 pm By Miklos Bolza

After signalling last month they were close to resolving their trade mark dispute, real estate companies RE/MAX and Resimax have been been given one last chance — and one more week — to settle.

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