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Construction PRO
Rio Tinto and Gina Rinehart-owned Hancock Prospecting will invest $2.47 billion to develop a Western Australian iron ore project as part of the Hope Downs joint venture.
Construction PRO
The South Australian government has opened the sales process for the struggling Whyalla Steelworks, saying potential buyers had already shown strong interest.
Retailer The Good Guys has agreed to pay $13.5 million in ACCC proceedings alleging it made misleading statements about store credit.
Construction PRO
The NSW Independent Commission Against Corruption will conduct public hearings next month as part of its investigation in whether Transport for NSW employees awarded contracts to certain suppliers in exchange for benefits.
Construction PRO
Major water infrastructure projects in Victoria have secured a $40.6 million boost from a new state and federal funding partnership.
Construction PRO
Developer Infinity can't stay a case by the liquidators of collapsed developer Crown Group seeking to sell the land for their failed joint venture for a luxury residential tower in Melbourne’s Southbank, with a judge finding a dispute resolution clause in their agreement was too vague to be enforceable.
The High Court has rejected a special leave application from a shareholder class action against BHP asking it to clarify the correct approach to construing the group member definition.
Construction PRO
Global investment firm KKR has signed a deal to acquire renewable energy producer Zenith Energy, which provides services for Australia's off-grid mining industry.
Construction PRO
The Australian Renewable Energy Agency has invested $19.8 million in a joint venture between BlueScope, BHP, Rio Tinto, Woodside and Mitsui Iron Ore Development to develop a decarbonised steel facility.
The High Court has declined a special leave application from a former HWL Ebsworth partner seeking to undo a finding that his age-related expulsion from the partnership did not run afoul of the Equal Opportunity Act.