Construction

Counsel assisting Queensland's inquiry into the CFMEU is pushing for a new construction code of practice and independent regulator, saying time is of the essence with the government poised to spend $7.1 billion for construction projects for the 2032 Olympic Games. 

Melbourne builder Cobild has resolved a lawsuit brought against a developer arguing it must return a $497,000 bank guarantee under a contract to build a $50 million office complex.

A judge has discharged the mortgages and caveats developer Oliver Hume holds over a residential subdivision project in Onkaparinga Heights in favour of a renegotiated arrangement, allowing the landowner to deal with property amid an ongoing court dispute. 

A court has heard that the CEO of collapsed developer Crown Group and an associated company owe $12 million in the company's liquidation.

Amazon has signed another power purchase agreement with European Energy for its Winton North solar and battery project in Victoria, adding to the $2.8 billion the tech company has invested in Australian renewable projects since 2020. 

The City of Sydney has approved plans by developer Billbergia Group for a skyline-changing $3.5 billion residential and hotel project in the heart of the CBD.

Sibayne Stillwater's Copper Mines of Tasmania has accused construction company Ian Harrington Group of inducing a subsidiary to breach a contract for rehabilitating a closed mine near Queenstown.

A judge has found that Heran Group unit York Property can't call on $6.4 million in bank guarantees after finding builder Tomkins has a strong prima facie case that a $17.5 million payment certificate issued under contract to build a 119-Gold Coast residential tower was not authorised.

A court has found that the relationship between the owner and the developer behind a residential subdivision project in Onkaparinga Heights has deteriorated to such a degree that orders requiring them not to abandon the partnership would be of no help. 

A judge has pushed off an eight-week trial in a class action on behalf of Sydney homeowners who allege their homes are sinking into the ground, after missed filing deadlines.