Developer Belmore 88 has successfully opposed discovery sought by HWL Ebsworth, after arguing its former solicitor was on a “fishing expedition” in a case by investors who claim they are both liable for lost money in connection with developments in western Sydney.
Construction company Mossop has lost an appeal of a decision for concreter Contek, with an appeals court upholding a judgment accounting for all payment claims in the case, even those subject to agreement before trial.
NSW government-owned utility Hunter Water has been ordered to pay $1.2 million in damages to 118 owners in a townhouse block in Newcastle for flooding caused by a burst water main.
In the final chapter of a years-long fight, an appeals court has ordered a NSW prefab home builder to pay almost $500,000 in damages after finding it engaging in misleading and deceptive conduct to convince a couple to vary their contract to allow the use of cladding they had previously rejected.
The ACCC has raised competition concerns about the proposed acquisition of Benedict Recycling by its “closest competitor” Igneo Infrastructure Partners, a subsidiary of Australian asset management giant First Sentier Investors.
The ACCC has approved a deal that will see the assets of a unit of materials giant BGC Group sold to Cement Australia, Holcim, Heidelberg Materials Australia and Adbri, after worrying an initial proposal could affect the supply of ready-mix concrete in the Perth area.
Western Australia has introduced legislation that will allow it to fast-track major projects, as it aims for a more “coordinated, strategic” approach to infrastructure and energy transition investments.
The developer of a 683-lot project in Glenmore Park, NSW has lost its bid to strike out parts of a class action by owners and investors alleging the land on which the development sits is unsuitable for residential construction.
Saint Gobain-owned CSR has hit back at building insulation distributor Consolidated Energy’s claims it engaged in anti-competitive conduct by increasing its prices during COVID-19, saying the cost increases were due to events beyond its control.
Sydney developer Tiptell has won its bid to exit a combustible cladding class action against 3A Composites and Halifax to bring its own claim for $15 million.