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Construction PRO
Gov’t throws $45M into plan for ‘one-stop-shop’ approval process
The federal government will spend $45 million over the next four years to develop bilateral agreements with states that will put an end to duplicative environmental approvals. 
Construction PRO
High Court asked to overturn domestic building insurance ruling
The High Court has been asked to overturn a ruling from the Victorian Court of Appeal that found domestic building insurance policies do not respond to when a defect arises, but rather to when loss or damage is suffered.
Construction PRO
Dexus flagship fund gets $600M capital injection
Dexus has secured more than $600 million in new capital investments for its flagship fund, including $500 million from a first-time superannuation investor in the fund. 
HSF Kramer appoints 8 executive counsel in Australia
HSF Kramer has appointed eight new executive counsel in Australia from a cross-section of major practice areas, a week after announcing its latest round of partner promotions.
Construction PRO
Funder dodges security in toll road class action against Transurban
Despite its loss in a class action against Queensland power companies, which has put it on the hook for $32 million in costs, funder LCM has avoided calls for cash security in a representative proceeding over toll road charges.
Google, Meta, TikTok to face tax for not doing deals with media companies
Under proposed new legislation, digital platforms like Google, Meta and TikTok would face a 2.5 per cent tax on their local revenue if they fail to do commercial deals with news publishers.
Construction PRO
NextDC’s data centre cash pile grows to $6.6B
ASX-listed data centre operator NextDC has raised $750 million from a subordinated wholesale notes offer, bringing its cash pile to $6.6 billion.
Construction PRO
Resources Australia loses appeal in Tasmanian Ports lease fight
An appeals court has upheld a finding that Tasmanian Ports had a right to kick wood pellets manufacturer Resources Australasia off leased property after it erected an awning structure without permission. 
Emma Sleep to pay $15M penalty, less than half the ACCC’s sum
A judge has hit mattress retailer Emma Sleep with a $15 million penalty after it admitted to repeatedly misleading consumers about discounts, saying the ACCC's proposed $36 million was not needed to achieve deterrence.
Class action alleges Pfizer knew of Depo-Provera’s brain tumor risks
US drug maker Pfizer has been hit with a class action alleging it knew or ought to have known about the increased risk that patients who used its injectable contraceptive Depo-Provera could develop brain tumors.