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Construction PRO
Engineering company Monadelphous Group has won a $380 million construction contract with CS Energy for a new Queensland power plant.
Building materials giant James Hardie faces a shareholder class action after its share price dropped 34 per cent on the back of a FY26 earnings guidance downgrade.
ASIC has told a senate estimates committee that it is now formally investigating KPMG in the wake of allegations the firm misused client data.
Construction PRO
The operator of Perth Airport has filed an appeal after United Petroleum won its case alleging it was induced to enter into a $900,000 lease and construction agreement with promises of redevelopment at the site.
Construction PRO
Woolworths has take Victoria's Suburban Rail Loop Authority to court, alleging it's owed $70 million for the authority's compulsory acquisition of a logistics site in the Melbourne suburb of Notting Hill.
Mastercard argued Wednesday it relied on legal advice in drafting alleged anti-competitive deals with major retailers, as the judge questioned the reliability of some witnesses for the payments giant, who recalled "virtually nothing".
After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
The Star Sydney has been hit with $10 million in fines from the state’s gaming regulator, which accused the casino of allowing some patrons to gamble for over 36 hours straight.
A shareholder class action against Arrium directors and auditor KPMG over the $4 billion collapse of the steel manufacturer is seeking to amend its case, saying a “misreading” of the original pleading is no basis to refuse the application.
Construction PRO
A class action against developer Mulpha Norwest and the Penrith City Council over a 683-lot development in Glenmore Park will include secondary and tertiary purchasers, a court has heard.