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.
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 —…
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…
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.
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.
Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.
Entertainment giant EVT has put its landmark Sydney CBD Event Cinemas complex on the market.
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”.
Property investment manager and developer Centennial has scooped up an A-grade office tower in Adelaide’s Pirie Street precinct for $50.5 million.
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.