'Tis the season for outlooks, so amid a flood of worrying to outright gloomy forecasts for the coming year, Saxo Bank has once again flagged its most "outrageous predictions" for global markets.

Investors in failed managed investment scheme Great Southern face bankruptcy and losing their homes in the weeks following Christmas, after a Supreme Court approved a $23 million settlement between investors and Bendigo and Adelaide Bank.

Trading volumes for commercial property in the Asia Pacific region are likely to remain at record highs next year, with an estimated US$200 billion to $250 billion looking for quality assets, JLL's Asia Pacific chief executive Alastair Hughes says.

It is rare for one man to triumph against the establishment, especially when he has taken on a major insolvency firm and one of the country’s blue chip law firms.

The federal government is locking in a wholesale price cap on internet services providers looking to take on the NBN Co with their own high-speed rollout.