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Construction PRO
Developer wins appeal over deal for NDIS housing
Developer Thousand Hills Property has won an appeal in its fight with LBA Capital over a scuttled property deal for NDIS housing, with an appeals court accepting that LBA repudiated the deal in an email sent by its former director.
Construction PRO
Seizing on ‘Olympic effect’, Centuria sells Queensland properties for $60M
Real estate funds manager Centuria Capital Group has taken advantage of surging investment demand, selling three industrial assets in southern Queensland for an average sales premium of 25 per cent.
Construction PRO
QIC secures $2B to fuel Pacific Energy’s renewables growth
Queensland Investment Corporation has completed a $2 billion refinancing and equity deal for its remote and off-grid power distributor Pacific Energy.
Construction PRO
Glencore gets OK to expand Ulan coal mine operations
The NSW government has granted mine operator Glencore permission to run the Ulan coal mine until 2035, allowing for the extraction of an additional 18.8 million tonnes of coal, despite net zero targets on the horizon.
X Corp brings legal challenge over eSafety obligations
X Corp has brought proceedings against the eSafety commissioner arguing it is not covered under a new online safety standard, which allows the regulator to issue fines without a notice.
Judge scolds HSBC for missing deadline to file defence in ASIC scam case
A Federal Court judge has criticised HSBC for failing to comply with court orders in the corporate cop's case alleging the bank failed to protect customers from scams. 
Healthscope secures $100m injection from CBA as receivers appointed
The Commonwealth Bank has given Healthscope a $100 million lifeline as the embattled hospital giant appoints receivers to negotiate a sale.
Freezing orders extended against people with suspected links to Keystone
A court has extended freezing orders over the assets of two men suspected of connections to two Keystone funds, which ASIC has expressed "grave concerns" about.
Judge approves ‘high end’ 30% GCO in JB Hi-Fi class action
A judge has approved Maurice Blackburn’s 30 per cent group cost order in a class action against JB Hi-Fi over worthless warranties, noting the 'high end' rate would be reviewed at a later stage.
Failed NULIS class action says costs should wait until appeal
The lead applicant in a failed class action against NULIS Nominees has argued that any costs orders should be stayed until after its appeal, while the ex-NAB super trustee claims it should have $8 million in costs paid now.