Borrower to Westpac: I’ll meet you at brewery to settle up

Courts continue to adjudicate high volumes of bank repossession actions that are often defended by (more…)

Defaulting buyer cops $500k Hilton hit as market surges back

As an investor led property rush pushes prices in some locations back to pre-GFC (more…)

“Top dollar” mortgagee sale below value, borrower seeks $115k deficiency

A mortgagor has sued for the cash loss resulting from a mortgage’s sale of his (more…)

Forty year banknote crusade fails for 50th time

The Queensland Supreme Court was challenged again in May by a litigant who for the past 40 years has (more…)

Surveyor sues for place on ANZ panel, court finds email evidence “fabricated”

A quantity surveyor has sued ANZ bank for breach of its promise to place his company on its “panel” of preferred (more…)

Agent fends off BOQ with Banking Code “sexual debt” defence

A Sarina real estate agent has succeeded in holding the Bank of Queensland at bay and defeated (more…)

Dispossessed borrower sues judge for contempt

Even as Queensland’s residential real estate market claws itself back to some respectability, the desperation of property owners still reeling from (more…)

Valuers rule: $100k Mackay re-sale loss cut to $50k in damages award

The re-sale of a Mackay home at a $100k loss after the first buyer failed to settle, has resulted in a far lower (more…)

Resort Corp project collapse, investor seeks way to funds recovery

A Brisbane based mezzanine finance group has claimed in the Supreme Court that it made a $1.6 million property investment (more…)

CAN bank merciless on recovery, no patience for inventive borrower

A bank customer has tendered a one dollar “bill of exchange” redeemable at a Mullumbimby café (more…)

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