Carter Holt class action ends as funding pulled

Carter Holt class action ends as funding pulled
Lawyer Adina Thorn had led the class action against Carter Holt Harvey.
Victoria Young
A multimillion dollar class action brought by homeowners against Carter Holt Harvey over its Shadowclad product has ended unexpectedly.According to one homeowner in the action the corporate giant owned by Graeme Hart’s Rank Group spooked its opposition into ditching the case, after its funder pulled the plug.The building giant made no concessions and will get more than half a million dollars paid to it in security for costs.The case, filed in 2018 and involving 117 leaky building owners seeking more than $40 million in damages, was schedu...

More Property

Liquidator Damien Grant survives bid to remove him
Property

Liquidator Damien Grant survives bid to remove him

The $200m Ormiston Rise housing project has been the subject of ongoing legal battles.

Maria Slade 30 May 2025
Goodman Property expects more of the same
Property

Goodman Property expects more of the same

Stable property values helped the company report net profit after tax of $109.6m.

Gregor Thompson 29 May 2025
Mainzeal liquidators seek $4.1m more from insurers
Property Exclusive

Mainzeal liquidators seek $4.1m more from insurers

Meanwhile, Richard Yan's castle sells for $3.2m. 

Victoria Young 29 May 2025