A joint venture launched to construct sections of Brisbane’s new Cross River Rail station has successfully challenged an adjudicator’s order that it pay $2.7 million to a steel supplier.
The NSW Land and Environment court has approved developer Central Element’s plans for its $100 million ‘Lamrock Avenue’ luxury residential development in Bondi Beach, following a conciliation conference with the local council.
In a new lawsuit, the FWO alleges CFMEU officials made unlawful representations to an Indigenous work hire company at the site for CPB Contractors’ $761 million contract for the Monash Freeway upgrade.
Builder Devakon has been ordered to pay $120,000 to remedy defects in an apartment development in the Melbourne suburb of Malvern East, dodging the owners’ bid for damages of almost $1 million.
The builder of the Duke apartment complex in the inner city Melbourne suburb of Collingwood wants a court to block the property developer from accessing a bank guarantee as their dispute over the project continues.
Real estate investment manager JY Group has acquired a 50 percent stake in the Bankstown Central shopping centre in Sydney’s south-west for $318.6 million.
Bucketty’s Brewery has failed to convince the NSW Land and Environment Court to order security against a community group seeking to overturn a local council’s approval of the brewery’s plan to build a new pub and cafe.
A judge has ordered ANZ to explain itself after hearing the director of a Gold Coast property developer under investigation withdrew $112,000 from a bank account subject to freezing orders.
A developer has won an injunction to stop a builder from enforcing an adjudication decision in a dispute over a $3 million payment claim, with a judge finding it would be an abuse of process to make the developer pay.
An ASIC report into private credit has found that commercial property construction and development presents the “greatest potential risk” of impairment or credit loss, as well as being more likely to involve conflicts of interest and opaque fee arrangements.