REST refuses damages undertaking, loses APAC sale injunction bid
REST Nominees has lost an injunction bid barring the sale of the Dexus bloc of shares in Melbourne Airport's operator pending an appeal, after refusing to give an undertaking that it foot the entire damages bill if its challenge fails.
Metals Manufactures sues over $170M deal for Fletcher’s Tradelink
Metals Manufactures has launched legal action for $33 million in damages against Fletcher Building and unit Crane Group, saying it was misled into paying $170 million for plumbing supply business Tradelink.
Group must fork out $50K security in fight against gold tunnel plans
A group opposing a Southern Cross Gold unit’s Victorian gold tunnel project has been ordered to pay $50,000 in security, with a judge saying he was unconvinced the case is purely in the public interest.
Judge shoots down multiple expert reports in $359M West Gate Tunnel suit
A judge has said she does not want multiple expert reports in a $359 million lawsuit by builder CPB Contractors and John Holland against engineer Aurecon alleging defects in Melbourne's West Gate Tunnel.
Court won’t undo fast-track decision on $60M Sydney residential development
A court has rejected a bid to undo the state significant development status of a proposed 37-storey, 100-unit shop-top housing development in Northern Sydney.
ACT officials engaged in serious corrupt conduct with school tender: report
The ACT Integrity Commission has found that two senior government officials engaged in serious corrupt conduct by giving priority to the CFMEU's preferred tenderer Lendlease when awarding an $18 million school redevelopment contract.
Judge rejects Woodside’s bid to unmask more anti-gas activists
A judge has dismissed Woodside's bid to compel three protesters who carried out a stunt involving the release of ‘stench gas’ at its office to identify other individuals involved, calling the gas giant’s suspicions "conjecture and speculation".
Central Coast can’t block beachfront homeowners from building seawall
A local council can't prevent owners at three residential apartments from building a seawall at The Entrance to guard against damage from coastal erosion, with a judge finding the visual impact was limited to when the beach was fully eroded.
Webuild loses bid to stay WHS prosecution over Snowy Hydro tunneling
Italian builder Webuild has lost its bid to permanently stay a SafeWork NSW prosecution over an 2022 incident while tunnelling for the Snowy Hydro expansion that allegedly gave rise to a risk of death or serious injury to two workers.
Neoen kicks off work on WA wind farm after inking PPA with Synergy
Renewables company Neoen has begun construction on its 179 MW Narrogin wind farm in Western Australia after signing a long-term power purchase agreement with state government-owned Synergy.
AwareSuper drops $226M for stake in Sydney CBD tower
AwareSuper has acquired a 50 per cent stake in a Sydney CBD office tower for around $226 million, forming a new partnership with Hong Kong-based REIT Link.
Transgrid moves forward with priority grid stabilisation project
Transgrid has commenced work on a grid stabalisation project that was fast-tracked by the NSW government as a priority network infrastructure project that's critical for the clean energy transition.
Lendlease inks $1.1B Japan investment partnership with Dutch pension fund
Lendlease has established an investment partnership with Dutch pension fund manager PGGM with an investment capacity of up to $1.1 billion.
Next Capital to acquire Fujitsu’s Australian data centre business
Australian private equity firm Next Capital has inked a deal to acquire Fujitsu's Australian data centre business, which includes premium facilities in Sydney, Brisbane, Melbourne and Perth.
Property Council calls on Treasury to ditch ‘unworkable’ trust tax
The Property Council has called on the federal government to abandon proposed discretionary trust tax changes, arguing the reforms would undermine efforts to meet Australia's 2029 housing targets.
European Energy reaches financial close for Victorian solar farm, BESS
Danish renewables company European Energy has reached financial close on its Mokoan hybrid solar farm and BESS in Victoria, with a non-recourse financing package from Deutsche Bank paving the way for construction to begin on the storage system.
Qld government uses special powers to approve Dreamworld development
The Queensland government has used special powers to approve a major mixed-used development surrounding the Dreamworld theme park, paving the way for new resorts and residential and commercial developments.
Woodside denies government ‘negotiated’ over North West Shelf
Gas giant Woodside has hit back at claims by activist groups that the federal environment minister's department "negotiated" with the company ahead of approving a 40-year extension to its North West Shelf project.
CS Energy wants judge to recuse himself from $1B suit over Callide station
CS Energy wants a judge to recuse himself from hearing IG Power's $1 billion lawsuit over "catastrophic" incidents at the Callide coal-fired power station in Queensland in light of an earlier judgment in proceedings by the Australian Energy Regulator.
Minister ‘cherry picked’ benefits of Woodside’s North West Shelf, trial hears
Activist group Friends of Australian Rock Art have alleged environment and water minister Murray Watt "cherry picked" potential economic and social benefits of Woodside's North West Shelf project while ignoring the harms.
Court tosses appeal over $100M failed Punchbowl land sale
Westwood Capital has lost its appeal over a contract to sell commercial property in Punchbowl for $100 million, after a judge found it was an uncommercial transaction and that Westwood had reasonable grounds to suspect the purchaser would become insolvent.
Developer seeks last-minute changes to case over Lilydale Quarry redevelopment
Developer LBJ wants to amend its case over a residential development at Victoria's Lilydale Quarry weeks out from trial, with its joint venture partner arguing the court should not base its decision on LBJ's argument that there could be a sinkhole at the site.
Enviro department’s chats with Woodside not a good look, trial told
Communications between the environment minister's department and Woodside over the gas company's controversial North West Shelf project raised concerns about the apprehension of bias, activist group Australian Conservation Foundation has told a trial judge.
NextDC account manager sues over commissions on Melbourne, Sydney centre deals
Queensland-based NextDC is facing a lawsuit from an enterprise account manager who alleges the data centre giant shortchanged him on commissions for contracts at its Melbourne and Sydney data centres.
ACT developer can amend case over collapse of shoring wall
A judge has been convinced by the “slenderest of margins” to allow a Canberra developer to amend its case against two contractors over the collapse of a shoring wall and piers, finding that the current case could not be maintained against the builder.
