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Construction PRO
The High Court has agreed to weigh in on the 'honest claim of right' defence for property offences, after an appeals court handed a win to an Indigenous man who cleared native vegetation on government-owned land under a mistaken understanding of his native title rights.
Construction PRO
Family-owned Gallagher Hotel Management has acquired The Oaks Hotel in Sydney's Neutral Bay for $140 million.
Construction PRO
M&G Real Estate and Stockland have entered a partnership to develop a portfolio of land lease communities within Australia's senior living sector.
Construction PRO
Sydney builder Next Constructions has accused a former employee and his wife of procuring $700,000 in secret profits by allegedly directing subcontractors to pay a company they controlled.
Super fund HUB24, which rejected the now collapsed First Guardian fund as an investment for members, can protect its due diligence process from getting into the hands of rival Diversa, whose members weren't so lucky.
The judge overseeing class actions against Hyundai and Kia has taken the parties to task over lack of progress in the cases, calling them out for “paying lip service” to the obligation to proceed expeditiously.
Construction PRO
A director of collapsed builder Shangri-La Construction who was found personally liable for $3.2 million in rectification costs for combustible cladding in a Melbourne apartment complex has failed to pass on his costs to his insurers.
Construction PRO
A court has excused the developer of a warehouse in greater western Sydney from paying a $1.38 million rent guarantee to CapitaLand Ascendas' REIT trustee Perpetual, finding it met its obligation to procure a tenant.
Construction PRO
The builder and the developer of Sydney's 'The Eliza' apartment building have sought special leave with the High Court after they lost their challenge to a referee report that found it was reasonable for the owners to block them from rectifying defects.
Construction PRO
The NSW Valuer General has lost its appeal of a decision upholding a challenge to eight land value determinations, with an appeals court finding that the Valuation of Land Act does not require the use of any specific method to determine land value.