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Harvey Norman shouldn’t be punished for founder’s ‘unattractive’ remarks, court told
Harvey Norman says it should be fined no more than $24 million for running misleading ads, urging a court not to punish it for "intemperate" remarks its founder made in the media about the legal system.
Construction PRO
Dexus must hand over data room Q&A in spat with Melbourne Airport operator
Airport operator APAC has won access to Q&A logs in a data room set up by shareholder Dexus for prospective buyers, in a dispute over whether the real estate asset manager breached a confidentiality deed.
Construction PRO
NVIDIA-backed Firmus raises $500M for AI infrastructure project
NVIDIA-backed start-up Firmus has raised $500 million to drive the next stage of its $6 billion nationwide green AI infrastructure project, Project Southgate.
Construction PRO
UN appointee wants in on cases over Woodside North West Shelf extension
A United Nations special rapporteur has sought to intervene in three Federal Court cases opposing the federal environment minister's decision to approve gas giant Woodside's North West Shelf extension.
Construction PRO
Developer’s lawyers dodge personal costs order after trespass trial delay
A judge has refused to make a personal costs order against the former lawyers for a Canberra developer who sued two owners corporations for trespass and was lumped with costs after the trial was adjourned.
CBUS trustee agrees to pay $23.5M in ASIC death benefits case
The trustee for super fund Cbus has agreed to pay a $23.5 penalty after admitting liability in the corporate regulator's case over excessive delays in processing $20 million in death and disability claims.
Construction PRO
Mirvac offloads Toombul Shopping Centre site to local builder
Mirvac is selling the site of the Toombul Shopping Centre in Queensland, which was demolished following the 2022 floods, to local developer Irvine Property Group.
Construction PRO
Link REIT in $1.5B play for Lendlease shopping centres
Hong Kong's Link REIT has reportedly made an offer for a half interest in several shopping centres in Lendlease's retail property fund.
ASIC blitz targets Shield, First Guardian advisers, research firm
The corporate cop has launched two new cases and sought approval to bring a third action over financial advice that led customers to sink hundreds of millions of dollars in retirement savings into the failed Shield and First Guardian investment funds.
Construction PRO
Report flags risk to $242B infrastructure pipeline from workforce shortage
Australia's five-year major infrastructure pipeline has skyrocketed to $242 billion, according to a report from the government's infrastructure advisor which warns shortages in labour and low construction productivity could put projects at risk.