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Construction PRO
Brookfield to sell Aveo to Scape in $3.85B deal
Brookfield Asset Management has agreed to sell retirement home operator Aveo for $3.85 billion in what's been touted as the largest-ever direct real estate transactions in Australia. 
ACCC targets Dendy Cinema for ‘drip’ pricing
Dendy Cinema has paid a $19,800 penalty after the ACCC alleged it failed to prominently display the total price for movie tickets sold online at the earliest point in the sale process, a practice known as 'drip' pricing.
EML Payments settles shareholder class action for $37M
Payments processing company EML has agreed to pay $37.3 million to settle a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.
Construction PRO
Renewable hydrogen first product up for certification under GO regime
The federal government is seeking feedback on its proposed GO emissions accounting scheme, which will certify the provenance of low-emissions products and renewable electricity, starting with 'green' hydrogen.
Construction PRO
Queensland childcare centre loses challenge to payment ruling under $11M contract
Childcare centre Bright Days is on the hook for a $1 million payment to builder ATG under an $11 million construction contract, after a judge rejected its argument that an adjudicator's decision not to determine a payment application due to a perceived conflict of interest was a determination of the application.
Construction PRO
Sales process launched for troubled Whyalla Steelworks
The South Australian government has opened the sales process for the struggling Whyalla Steelworks, saying potential buyers had already shown strong interest.
Construction PRO
Rio Tinto, Hancock Prospecting commit $2.5B to Pilbara JV
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.
Good Guys to pay $13.5M in ACCC suit over misleading promotions
Retailer The Good Guys has agreed to pay $13.5 million in ACCC proceedings alleging it made misleading statements about store credit.
Construction PRO
ICAC to conduct public hearings into Transport for NSW contracts
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
Victoria’s water infrastructure projects secure $40.6M funding
Major water infrastructure projects in Victoria have secured a $40.6 million boost from a new state and federal funding partnership.