Construction

The owners of the Werribee shopping centre in Victoria have lost their bid for preliminary discovery related to the likely recovery in their $356 million claim against builder Probuild. 

CIMIC has agreed to pay $45.25 million to settle a shareholder class action alleging it failed to properly inform the market about its investment in a Middle East company. 

Tokyo-based Sumitomo Corporation has taken its first step into the Australian residential market, partnering with developer Mirvac on a housing development in Sydney’s northwest that is expected to generate $830 million in sales.

The Victorian Government has flagged its support for recommendations aimed at stamping out criminal activity in the state’s construction industry, including changes to the 'fit and proper' test for union positions. 

The owners corporation of a Meriton apartment block in Sydney can add late evidence of alleged defects, despite a judge calling the case "an example of how proceedings in the Technology and Construction List should not be conducted”.

The builders involved in Adelaide's $1.85 billion Royal Adelaide Hospital have lost their appeal of a decision blocking their bid to access documents from the state government on parliamentary privilege grounds.

The funder behind a class action against Transport for NSW that has switched law firms five times has been hit with indemnity costs after it failed to brief a barrister in a dispute over its bid to rescind trust funds.

The funder behind a class action against Transport for NSW by residents displaced by the construction of Sydney’s WestConnex tunnel has been ordered to pay $134,000  to cover the class action’s costs after it brought a failed action to rescind trust funds.

US-based satellite broadband provider Viasat has lost its bid to appeal an arbitral ruling that rejected its damages claim against the subcontractor on a Department of Defence project. 

The High Court has ruled that NSW builders cannot point fingers at their subcontractors as concurrent wrongdoers for negligent construction defects under the Design and Building Practitioners Act.