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Construction PRO
Lendlease to sell assets in $2.9B retail fund to meet redemption requests
Lendlease has announced it will sell down the assets in an unlisted retail property fund the real estate giant has fought to maintain control over in order to meet redemption requests.
Optus fined $826,000 over scam breaches
Optus has been hit with a penalty of more than $826,000 after scammers exploited a vulnerability in its third-party verification system and stole $39,000 from customers' bank accounts.
Construction PRO
SunCable inks 70-year agreement with Traditional Owners for NT solar farm
Mike Cannon-Brookes' SunCable has signed a 70-year land use agreement with Traditional Owners to develop the country's largest solar farm at Powell Creek Station in the Northern Territory. 
Construction PRO
Court won’t allow new claims in suit over $27.5M contract for Melbourne CBD building
A court has rejected a bid to expand a lawsuit over a Chinese investor's $27.5 million contract to purchase a building at 99 Queen Street in Melbourne to join the matriarch of the "very wealthy" family.
Ashurst to merge with US firm Perkins Coie
Ashurst has announced plans to merge with US law firm Perkins Coie, creating a powerhouse firm with 3,000 lawyers across 23 countries with ambitions to lead the way on AI.
Construction PRO
Iberdrola wins contract for VNI West transmission project
Spanish multinational electrical giant Iberdrola has been selected to design and operate the Victoria to New South Wales Interconnector West transmission project, part of the state's pipeline of new energy infrastructure projects.
Construction PRO
Lendlease locks down $3B in new construction work
Lendlease has secured $3 billion in new construction work in recent months, the company told investors on Friday.
Mayne, Cosette row to be decided on merits after panel resets merger clock
The Takeovers Panel has agreed to hear Mayne Pharma's latest dispute with Cosette over the US drug maker's attempts to walk away from their $672 million merger agreement and extended the timeline for completing the deal.
ASIC appeals conflicted remuneration case against Freedom execs
ASIC has lodged an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance's former boss and another executive over a sales incentive scheme.
Westpac pays back $50M to 47,000 underpaid staff
Westpac has paid back $50 million plus interest and super to 47,000 current and former staff who were underpaid over an 11-year period.