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Amazon to invest $20B in data centre infrastructure
AI 2025-06-16 11:00 pm By Cat Fredenburgh

Amazon will invest $20 billion in Australia’s data centre infrastructure over the next five years to support the country’s AI transformation.

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Construction PRO
$70M agreement for rezoned Mudgee greenfield site enforceable: court
Real Estate 2025-06-16 11:44 pm By Cat Fredenburgh

A Western Sydney developer must make good on an agreement to buy a rezoned greenfield site in regional NSW for $70 million and pay $2.2 million in interest, a judge has found. 

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High Court to review Macdonald, Obeids convictions
Appeals 2025-06-12 11:50 pm By Cat Fredenburgh

The High Court has granted special leave applications by labor politicians Ian Macdonald and Eddie Obeid, and his son Moses Obeid, seeking to toss their convictions for conspiracy to rig a mining exploration tender.

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Brookfield sells down stake in Dalrymple Bay Infrastructure
Transportation & Infrastructure 2025-06-13 11:12 pm By Cat Fredenburgh

Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture. 

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Construction PRO
NSW government invests $115.5M in logistics precinct for clean energy push
Construction 2025-06-13 11:39 pm By Cat Fredenburgh

The NSW government has budgeted $115.5 million for a new logistics precinct in Newcastle, which will be used to store equipment needed for the state’s renewable energy push. The Minns government allocated $115.5 million for the new precinct — located next to the Port of Newcastle at the government-owned former BHP Steelworks’ intergrade site —…

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ATO gets shot at undoing landmark tax ruling with High Court grant
Tax 2025-06-12 11:12 pm By Cat Fredenburgh

The High Court has agreed to hear the ATO’s bid to reverse landmark ruling that found an unpaid present entitlement to a corporate beneficiary is not a loan under tax law, a decision that affects $50 billion in trust distributions. The Tax Office won special leave from the High Court on Thursday, as it seeks…

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High Court to rule on whether India can dodge $111.3M arbitral award
High Court 2025-06-12 11:02 pm By Cat Fredenburgh

The High Court has agreed to review a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a ‘commercial’ matter.

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Construction PRO
High Court sides with Valuer-General over St Kilda Rd heritage property
Real Estate 2025-06-11 11:32 pm By Cat Fredenburgh

The Valuer-General of Victoria has won a High Court appeal against developer WSTI Properties over a $2.9 million valuation for a heritage property in Melbourne, which centred on the meaning of an “improvement” to the land. 

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Construction PRO
Suitors pursue Fletcher Building’s construction business
Construction 2025-06-11 11:32 pm By Cat Fredenburgh

Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.

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EVT puts Sydney CBD entertainment complex up for sale
Real Estate 2025-06-11 11:58 pm By Cat Fredenburgh

Entertainment giant EVT has put its landmark Sydney CBD Event Cinemas complex on the market.

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