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Construction PRO
Sharvain administrator calls for extra time after $3M win against Roberts Co
The deadline looms for a creditors' meeting to decide the future of collapsed building company Sharvain Façades, but its administrator wants a court to stop the clock, concerned a vote for liquidation will thwart recovery of $3.2 million from Roberts Co.
Construction PRO
Allens, HSFK behind Abu Dhabi oil giant’s $30B takeover bid for Santos
A consortium led by the investment arm of Abu Dhabi's National Oil Company has launched a $30 billion takeover bid for Santos, the energy giant said Monday.
Construction PRO
Aurizon secures $1.5B contracts with BHP for copper mine logistics
Rail operator Aurizon has secured agreements with BHP to provide logistics for the mining giant's South Australia copper operations over the next 15 years, estimating total revenues of $1.5 billion.
Construction PRO
NSW plans $835M investment in Western Sydney Aerotropolis
The NSW government has announced an additional $835 million investment in Western Sydney's Aerotropolis, which the government expects will become a "thriving economic centre" with its proximity to the city's new airport.
Slater & Gordon emailer dodges criminal charges
Police will not lay charges over an email sent to Slater & Gordon staff that leaked employees' pay details, the plaintiff firm said Thursday.
Construction PRO
Clough’s $54M cross-claim stayed in feud with JV partner over EnergyConnect project
A judge has stayed engineering firm Clough’s $54 million cross-claim against its former joint venture partner on the EnergyConnect transmission project, Elecnor, saying the claim must be sent to arbitration.
Construction PRO
‘I’m really going to miss this’: Construction list judge’s curtain call gets a laugh
Turning back to counsel on rising from the bench after an urgent hearing in a dispute between Dexus and the operator of Melbourne airport, Justice James Stevenson told them what his impending retirement would mean.
Construction PRO
Court sets date for Dexus fight with APAC, investor funds
The date has been set for a court battle over Dexus' sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.
Construction PRO
Non-bank lenders may soon play $90B role in real estate funding
Private credit supporting Australian real estate could grow by 80 per cent over the next five years, largely fueled by increased residential development lending, according to forecasting by CBRE.
NACC finds no corruption in $2.5M Brittany Higgins settlement
After an extensive investigation, the federal corruption watchdog on Thursday cleared the government's $2.5 million settlement with former Liberal staffer Brittany Higgins of allegations of improper influence.