Property group AVJennings has accepted a trimmed $365 million takeover offer from private equity-backed AVID Property after failing to receive a binding offer from Singaporean developer Ho Bee Land.
Japanese property group Daibiru Corporation has made its second investment in Sydney, acquiring a CBD office tower from real estate investment manager Investa.
Tamworth Regional Council has won its bid to be joined to an environmental group’s appeal of the approval for the controversial Hills of Gold wind farm.
A Federal Court judge might be called as a witness in accused war criminal Ben Roberts-Smith’s bid for a retrial in his failed defamation case against Nine.
A former Cushman & Wakefield managing director has sued the commercial real estate broker, alleging he was unfairly terminated to prevent him from keeping a $1.5 million sign-on bonus.
A judge has thrown out Clive Palmer’s lawsuits against former Australian Securities and Investments Commission chair James Shipton after finding the claims had no reasonable prospects of success.
ASX’s management of operational risk that led to December’s CHESS settlement outage has the corporate regulator and the Reserve Bank “increasingly concerned” and “deeply disappointed”.
The Albanese government has vowed to ban price-gouging by supermarkets if reelected, despite the Australian Competition and Consumer Commission’s supermarkets inquiry finding no evidence of excessive pricing.
Class actions against Hyundai and Kia over alleged defective anti-lock braking systems could expand “dramatically”, a court has heard, as a contest over competing cases ticks over into a second year.
Gaming company Light & Wonder is facing a possible shareholder class action for allegedly misleading investors about the growth of its Dragon Train game, which Aristocrat claims its rival developed by misappropriating its trade secrets. Class action firm Phi Finney McDonald announced it is investigating a class action on behalf of investors who purchased Light…