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Construction PRO
Federal government to foot half of $7.1B bill for Olympics infrastructure
The federal government has agreed to cover almost half of the costs for building and upgrading 2032 Olympic Games venues after striking a deal with the Queensland government.
Construction PRO
Court grants approval to Bondi Junction residential development
The NSW Land and Environment Court has given the green light to a plan to build an apartment complex in Bondi Junction following a successful conciliation conference between the developer and the local council.
TPG Telecom investigating data breach affecting iiNET customers
TPG Telecom has launched an investigation following a cyber incident which resulted in  280,000 emails of iiNet customers being accessed by hackers.
NAB to take $130M hit after discovering staff underpayments
The National Australian Bank says it will take a $130 million hit after issues with its payroll system led to staff being underpaid.
ASIC to seek winding up orders against property developer ALAMMC
The corporate cop can revise its action against Gold Coast property developer ALAMMC to seek winding up orders after concerns have emerged about misuse of $70 million in investor funds.
Construction PRO
Ex-Downer EDI project manager can’t pull ICAC report over Transport for NSW contracts
A former Downer EDI project manager has lost a bid for court orders forcing NSW's Independent Commission Against Corruption to remove a report into a probe relating to Transport for NSW and Inner West Council tenders.
Construction PRO
EVT scoops up Pro-Invest Hotels for $74M
Hospitality group EVT Group has acquired hotel management company Pro-Invest Hotels for $74 million to seed the launch of its own brand management business.
Construction PRO
Igneo Infrastructure acquires remaining stake in SA wind farm
Igneo Infrastructure's Australian renewable energy platform Atmos Renewables has acquired the remaining stake in the 316MW Hornsdale wind farm from Neoen Australia in a $400 million deal.
Construction PRO
Real estate developer ALAMMC faces winding up bid by ASIC
ASIC can amend its case against Gold Coast developer ALAMMC to seek winding up orders against the company and related entities over concerns $70 million in funds have been misused.
ANZ trader seeks to delay start of trial after discovery dump
A former ANZ trader that sued the bank five years ago for allegedly sacking him for complaining about the bank's attempted manipulation of the bank bill swap rate wants the trial date pushed out after receiving thousands of documents from the bank.