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Construction PRO
3A can’t duck cross-claim over cladding at Botany Bay towers
Cladding maker 3A Composites has lost its bid to set aside a cross-claim in a suit against the builder of the Tempo residential towers in Botany Bay over allegedly flammable aluminium composite panels.
Captain Cook hit with $30M in penalties for systemic unconscionable conduct
Defunct education provider Captain Cook College and its parent company have been penalised over $30 million for enrolling thousands of vulnerable students who accrued $60 million in debt.
Construction PRO
‘Extremely inconvenient’: Court unhappy with arbitration push in EnergyConnect project spat
In a court fight between engineering firm Clough and its former joint venture partner Elecnor, a judge has questioned Elecnor’s “extremely inconvenient” bid to send Clough’s $54 million cross-claim to arbitration in Singapore.
Construction PRO
Byron Bay’s The Beach Hotel sells for near record $140M
The Beach Hotel in Byron Bay has reportedly changed hands for $140 million -- the second highest price paid for an Australian pub.
Construction PRO
Albanese government signs off on extension of Woodside’s North West Shelf
Woodside's North West Shelf gas project will be extended until 2070, after receiving approval from the environment minister.
Construction PRO
MAC Copper accepts $1.6B takeover bid from Harmony Gold
MAC Copper, which operates the Cobar copper mine in NSW, has accepted a $1.6 billion takeover offer from South African-based gold mining company Harmony Gold.
Construction PRO
Surfers Paradise’s Cavill Lane sells to investment firms for $31M
Surfers Paradise's Cavill Lane retail precinct has been sold for $31 million to investment management companies Boston Global and The Property Factory.
TerraCom to pay $7.5M to settle ASIC’s whistleblower suit
Coal producer TerraCom has agreed to pay $7.5 million to resolve ASIC proceedings alleging it made misleading statement to the market that damaged a whistleblower's reputation. 
ASX can’t see file notes of key ASIC interview in CHESS case
A judge has upheld ASIC's privilege claim over a solicitor’s notes from an interview with a tech start-up boss involved in the ASX program to replace its CHESS system. 
Marsh points finger at UBS in $7B Greensill cases
Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse.