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Construction PRO
Lifestyle to offer new fee model to existing owners after VCAT appeal
Retirement village operator Lifestyle Communities will offer a new fee model to existing homeowners following an appeal of a ruling in July that its exit fees were unenforceable.
Construction PRO
Far East Consortium sells stake in Ritz-Carlton Perth for $100M
Hong Kong-based Far East Consortium has sold a 50 per cent stake in the Ritz-Carlton Perth to Cayman Islands-based Generation Essentials Group for $100 million. 
Construction PRO
BHP in $3B WAIO infrastructure deal with BlackRock
BHP has reached a $3 billion agreement with BlackRock for the asset manager's Global Infrastructure Partners to take an interest in Western Australia Iron Ore’s inland power network.
Judge suppresses names for 30 years in case over $1B McPhillamy’s mine
A judge has granted a 30-year suppression order shielding the names of individuals in a case over the Environment Minister's decision to declare a section of the McPhillamy's gold mine project heritage protected.
Commonwealth Bank pays record penalty over consumer data sharing failures
The Commonwealth Bank has paid $792,000 in penalties after the consumer watchdog found it had failed to enable data sharing for certain business customers. 
Construction PRO
York Property loses appeal of $12.7M decision in dispute over Gold Cost high-rise
York Property has lost an appeal in a dispute with builder Tomkins over a payment claim for work on a Gold Coast high-rise, with the appeals court declining to set aside an adjudicator's decision that was later cut down to $12.7 million. 
Construction PRO
JLL says CEO’s sacking over handling of harassment complaint warranted
Commercial real estate group JLL has hit back at former CEO Daniel Kernaghan's unfair dismissal case, saying he was sacked for mishandling a harassment complaint against a manager.
Monash University agrees to backpay staff $21M
Monash University will pay thousands of underpaid staff across its 10 campuses more than $20.7 million in wages, interest and superannuation.
Construction PRO
Ashurst reps Newcastle Airport on landmark Defence missile factory
Law firm Ashurst has advised Newcastle Airport on arrangements for Australia's first guided weapons manufacturing and maintenance facility, to be based at its Astra Aerolab precinct.
Judge rejects notice that KFC class action said would ‘blow up’ settlement talks
A judge has refused a bid by several KFC franchise owners to send a notice encouraging group members register for an underpayments class action prior to mediation, which the applicant argued would “blow up” settlement talks.