Former directors of Steller Developments have told a court they did not intend to guarantee the company’s debt in the event of bankruptcy, as trial kicked off in proceedings by the collapsed Melbourne developer’s liquidators.
An environmental group has lodged an appeal over the extension of the Mount Pleasant coal mine in NSW operated by MACH Energy.
Embattled casino operator Star Entertainment has rejected offers to buy out its stake in the $3.6 billion Queens Wharf entertainment district project in Brisbane.
AAI has lost its bid to appeal an order joining it to a class action over alleged combustible cladding installed at two high-rise towers in Liverpool, NSW.
A tribunal has refused to order a contractor to remove external sunscreens on Meriton’s 70-storey Infinity Tower in the Brisbane CBD, despite finding they were made of combustible aluminum composite panels.
Citing rising costs of materials and labour, NSW Central Coast builder Clarke Homes has entered voluntary administration, with several building projects incomplete.
Crown has sued Lendlease and a host of other companies that signed off on the use of combustible cladding on the façade of the Metropol in Southbank, which it says resulted in two years of expensive rectification work.
Property group Oreana has sold its Kallo Town Centre development for $64.5 million to ASX-listed company Region Group.
A state parliament inquiry is underway into the supply of homes in regional Victoria amid a critical housing shortage.
A judge has recused himself on the eve of trial from hearing a dispute between United Petroleum and Perth Airport over a lease and construction agreement, after revealing he had a relationship with one of the petrol chain’s witnesses.