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The competition regulator has expressed worries that Yamaha Motor's proposed acquisition of aluminium trailer boat maker Telwater could substantially lessen competition in the wholesale supply of outboard motors.
Construction PRO
The High Court has rejected a special leave application by the owners of land acquired to build a Melbourne freeway that sought to overturn an "erroneous" appeals court decision which left them with $2 million for land worth over $30 million.
Construction PRO
ACE Power and Osaka Gas have won fast-track approval for a 141-megawatt solar farm and battery energy storage system in NSW, with the government signing off on the project in just 19 days.
Construction PRO
Engineering firm WSP may seek to permanently stay a new suit by Canberra builder Morris Construction that claims it should be on the hook for engineering and design failures by a subsidiary, the latest fight between the parties over a troubled Kingston development.
Thompson Geer has nabbed a partner and a special counsel from Baker McKenzie to grow its Melbourne-based banking and finance team.
Construction PRO
Singapore-based Keppel REIT and Australian asset manager MA Financial have paid $525 million to acquire the Top Ryde City Shopping Centre in Sydney’s northwest.
A former authorised representative of Resilium Insurance Broking has failed to persuade an appeals court that the intermediary network breached a contract by providing its client data to a new representative.
In the first-ever civil penalty proceedings for breaches of the Privacy Act, pathology services provider Australian Clinical Labs has been ordered to pay $5.8 million over a 2022 data breach that compromised the sensitive personal information of 223,000 customers of its Medlab business.
Western Sydney University is facing a class action alleging it misled students into studying a health engineering degree that was unaccredited, on the heels of similar claims being leveled at the University of Newcastle.
Construction PRO
Property group Catalyst has won $31.7 million from a trustee corporation of the Presbyterian Church of Queensland over a suite of scuppered transactions for land and aged care homes.