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Lendlease locks down $3B in new construction work
Construction 2025-11-14 11:56 pm By Cat Fredenburgh

Lendlease has secured $3 billion in new construction work in recent months, the company told investors on Friday.

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Mayne, Cosette row to be determined on the merits after panel resets merger clock
M&A 2025-11-14 11:56 pm By Cat Fredenburgh

The Takeovers Panel has agreed to hear Mayne Pharma’s latest dispute with Cosette over the US drug maker’s attempts to walk away from their $672 million merger agreement and extended the timeline for completing the deal.

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Westpac pays back $50M to 47,000 underpaid staff
Employment 2025-11-14 11:39 pm By Cat Fredenburgh

Westpac has paid back $50 million plus interest and super to 47,000 current and former staff who were underpaid over an 11-year period.

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Court approves $8.7M settlement in Exactech class action
Class Actions 2025-11-13 4:49 pm By Cat Fredenburgh

A judge has approved a “modest” $8.7 million settlement in a class action against medical device maker Exactech over allegedly defective joint replacements, saying the settlement was fair and reasonable given the limited assets of the company, whose parent has filed for bankruptcy in the US.

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Mayne wins breathing room in fight to get Cosette merger over the line
M&A 2025-11-13 11:11 pm By Cat Fredenburgh

Mayne Pharma has secured an extension of the deadline for securing Foreign Investment Review Board approval of its $672 million tie-up with US drug maker Cosette.

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Construction PRO
NVIDIA-backed Firmus raises $500M for AI infrastructure project
AI 2025-11-14 11:26 pm By Cat Fredenburgh

NVIDIA-backed start-up Firmus has raised $500 million to drive the next stage of its $6 billion nationwide green AI infrastructure project, Project Southgate.

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MinterEllison snags KWM partner to lead private equity practice
Business of Law 2025-11-13 11:48 pm By Cat Fredenburgh

MinterEllison has lured a leading corporate law partner away from King & Wood Mallesons to lead the firm’s private equity practice.

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Appeal filed in landmark climate change class action
Climate change 2025-11-12 11:35 pm By Cat Fredenburgh

A class action is appealing a ruling that found the federal government owes no duty of care to Torres Strait Islanders to protect them from the effects of climate change, with experts predicting the High Court may ultimately decide the issue. 

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Construction PRO
Report flags risk to $242B infrastructure pipeline from workforce shortage
Construction 2025-11-13 11:32 pm By Cat Fredenburgh

Australia’s five-year major infrastructure pipeline has skyrocketed to $242 billion, according to a report from the government’s infrastructure advisor which warns shortages in labour and low construction productivity could put projects at risk. 

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Construction PRO
Link REIT in $1.5B play for Lendlease shopping centres
Real Estate 2025-11-13 11:47 pm By Cat Fredenburgh

Hong Kong’s Link REIT has reportedly made an offer for a half interest in several shopping centres in Lendlease’s retail property fund.

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