Macquarie Technology Group has secured the option to buy a Sydney city site with a $240 million price tag near its existing data centre holding in Macquarie Park.
Consulting firm Intalo Group has lost its latest bid for documents in a copyright infringement case against James Cook University, with a court finding admissions made by the university made the material irrelevant.
Administrator appointments for construction companies leaped 20 per cent in the latest financial year, according to data released by the corporate regulator.
Environmental group Doctors for the Environment has slammed Woodside claim that its $16.5 billion Scarborough gas project will have a “de minimus” environmental impact and argues the company’s plan does not allow the regulator to assess its real impact.
The prospective developer of the Hyde Park Inn in Sydney has dropped its appeal of a decision which disallowed it from delaying a $95 million payment to the NSW Returned Service League.
Receivers of the $500 million East Rockingham waste-to-energy project will have until the end of September to hash out a plan to maximise creditor returns, as Acciona’s wait for approval of its bid to acquire the plant continues.
Funeral insurer ACBF has been hit with a $3.5 million penalty for “callous” and “egregious” misrepresentations to Indigenous customers that its business was Aboriginal owned or managed.
Dyldam Developments has won approval to settle a case by the liquidator of a special purpose vehicle over the proceeds of a Paramatta development that sold for $74 million — bolstered by major shareholder Persephone’s “gritted teeth” backing.
Former senator and ‘transparency warrior’ Rex Patrick has won an order capping the government’s costs at $40,000 in his case seeking documents on the $12 billion Snowy 2.0 renewables project, with a judge finding the matter raised issues of public interest.
A SkyCity shareholder is seeking leave to launch a case against former executives and directors for their alleged role in the mismanagement of the casino’s money laundering risk, which last year resulted in a $67 million penalty.