Industries

The developer of a $50 million apartment complex in Brisbane’s West End has lost an appeal against builder Devine Constructions’ claim for $3.7 million, as the developer seeks damages for alleged delays caused by water ingress.

Environmental activist group Lock the Gate has lost its case which aimed to block Tamboran B2's gas exploration project in the Northern Territory's Beetaloo basin.

The owners of Millmerran Power Station and Commodore Coal Mine in Queensland are appealing a $30 million win for contractor BUMA, and have won their bid to challenge subsequent costs orders.

The Queensland government has selected Lendlease as its master development partner for a mixed-use riverfront project in South Brisbane ahead of the 2032 Olympics.

Japan's Mitsubishi Estate Asia will sell its 49.9 per cent stake in the $500 million Stockland Residential Rental Partnership portfolio to Mercer Investments.

A former partner of private equity firm Potentia Capital has filed a lawsuit alleging he was unlawfully denied $3.6 million in benefits from two funds as punishment for whistleblower disclosures. 

A settlement has been reached in a dispute over more than $100 million in shares in AI data centre start-up Firmus Grid ahead of an expected $7 billion IPO, just days before the company's founders were due to give evidence in court.

A judge has scolded former directors of Mosaic Brands after they failed to comply with orders made last week ahead of a 10-day public examination as special purpose liquidators investigate $196 million in potential insolvent trading claims and directors duty breach claims.

US-based keg pooling company Kegstar has offered the ACCC a court-enforceable undertaking under which it would not enforce exclusivity provisions in its contracts for three years, in a bid to secure approval for its proposed acquisition of the assets of rival Konvoy.

After getting the nod from a judge, the trustee for the Dexus bloc of shareholders in airport operator APAC has lodged an appeal of a finding that it committed a material and irremediable breach of the owners' deed.