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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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Construction PRO
WNA Construction loses appeal over payment claim sent by email
Construction 2025-06-10 11:15 pm By Cat Fredenburgh

An appeals court has upheld a finding that a payment claim sent by email is payable by WNA Construction, finding the builder had not established that the email address was not valid or that the claim was “confusing”. 

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Construction PRO
Centennial acquires Adelaide office tower for $50.5M
Construction 2025-06-05 11:15 pm By Cat Fredenburgh

Property investment manager and developer Centennial has scooped up an A-grade office tower in Adelaide’s Pirie Street precinct for $50.5 million.

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Live Nation snaps up Perth building for latest music venue
Real Estate 2025-06-05 11:53 pm By Cat Fredenburgh

Global entertainment giant Live Nation has acquired a Perth warehouse which it promises to transform into a world-class live music venue in about a year. 

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