Construction

A SOP Act adjudicator had power to determine that reasons proffered by a Queensland construction company for withholding payment to a concrete subcontractor were "new reasons" and not properly made, a court has found.

Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.

The owners corporation suing Parkview Construction over alleged combustible cladding at the Australia Towers in Sydney Olympic Park is “hopeful” of a settlement being reached, a court has heard on the eve of trial.

A community group has filed a lawsuit over the government's assessment of Santos' Narrabri lateral pipeline, the latest challenge to the company's $3.6 billion natural gas project in northern NSW.

Construction group Roberts Co owes unsecured creditors almost $100 million, a court has been told as administrators secure more time for the builder's founder to pitch a restructuring deal.

Although Meriton's contractor prevailed in a cladding spat over Brisbane's Infinity Tower, the owners corporation's arguments were not at all stages "without merit", a QCAT member has said in declining to award the builder its costs.

Investors who alleges they were misled about a Melbourne apartment development have reached a $2.5 million settlement in class action proceedings.

Developer Castle Group can move ahead with its purchase of a block of land in south west Sydney, with a court finding that purchasers of off-the-plan lots have no present interest that can defeat Castle’s right. 

Investment house Washington H. Soul Pattinson has reached a merger agreement with building products and property company Brickworks to create a $14 billion powerhouse.

A judge has said that asset preservation orders are likely warranted against the former head of collapsed builder Quasar Constructions, after its liquidator revealed he sold $24 million in property interests shortly before the company went under, but found he did not have power to make the orders.