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Construction PRO
Forge liquidators near settlement in insider trading case against Clough, ex-directors
Restructuring & Insolvency 2025-06-04 11:44 pm By Cat Fredenburgh

Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.

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Construction PRO
National Storage REIT, partner to invest $228M in six self-storage sites
Real Estate 2025-06-04 11:20 pm By Cat Fredenburgh

The National Storage REIT will continue its partnership with Singaporean sovereign wealth fund GIC to invest in a second round of development assets, the ASX-listed trust said Wednesday.

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Fonterra faces underpayments class action investigation
Class Actions 2025-06-02 11:39 pm By Cat Fredenburgh

Fonterra may face a class action for allegedly underpaying lab technicians since 2018, as the dairy co-op seeks to offload its Australian food unit.

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John Pesutto hit with bankruptcy notice over $2.3M defamation costs
Defamation 2025-06-02 11:01 pm By Cat Fredenburgh

Former Victorian Liberal Party leader John Pesutto has been hit with a bankruptcy notice after failing to pay $2.3 million in costs in MP Moira Deeming’s defamation suit over statements implying she had links to neo-Nazis. 

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Construction PRO
Government takes steps to advance two WA wind farms
Energy & Natural Resources 2025-06-03 11:52 pm By Cat Fredenburgh

The federal government has taken steps towards granting feasibility licenses for two offshore wind farm projects in Western Australia.

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Construction PRO
Settlement reached in class action over Melbourne development
Construction 2025-06-03 11:28 pm By Cat Fredenburgh

Investors who alleges they were misled about a Melbourne apartment development have reached a $2.5 million settlement in class action proceedings.

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Fourth law firm mulls ad tech class action against Google
Class Actions 2025-05-30 1:41 pm By Cat Fredenburgh

A fourth law firm is investigating a class action against Google for allegedly abusing its dominance in the market for online advertising.

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Construction PRO
Soul Patts, Brickworks sign $14B merger pact
M&A 2025-06-02 11:23 pm By Cat Fredenburgh

Investment house Washington H. Soul Pattinson has reached a merger agreement with building products and property company Brickworks to create a $14 billion powerhouse.

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Construction PRO
Transurban says $200M loan obtained for WestConnex
Transportation & Infrastructure 2025-06-02 11:51 pm By Cat Fredenburgh

Transurban has announced a $200 million loan has been secured by the financing arm of the WestConnex road project in Sydney. The toll road operator announced the loan facility in an ASX statement on Monday. “Transurban announces that WestConnex Finance Company Pty Limited, the finance vehicle of WestConnex, has successfully raised a A$200 million 10-year…

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Paladin Energy to face competing shareholder class actions
Class Actions 2025-05-29 11:44 pm By Cat Fredenburgh

Uranium miner Paladin Energy is facing a second shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.

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