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The ACCC is concerned Acciona’s proposed acquisition of the East Rockingham waste-to-energy project would remove competition between the only two such facilities in Western Australia.
ASIC has opposed a bid by online investment platform eToro to rely on late expert evidence in the regulator’s first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.
Construction PRO
Master Builders Australia has welcomed a reported increase in residential building activity but said the pace needs to quicken to reach the government's goal of 1.2 million new homes by 2029.
Construction PRO
Developer Synergy has won an injunction in a dispute over the construction of a student accommodation in Adelaide, with an appeals court finding the primary judge did not correctly weigh the prejudice to Synergy if it had to pay up to $2 million in guarantees.
Construction PRO
Following a $750 million float earlier this month, luxury retirement resort operator GemLife Communities has completed the first stage of a planned $270 million acquisition of land lease company Aliria's development portfolio.
Auditor KPMG has hit back at a shareholder class action over water treatment business Phoslock’s alleged accounting irregularities, saying it should be completely relieved from paying damages since it acted honestly.
Bellamy’s Organic has resolved a suit by its former CEO alleging the baby food producer discriminated against her by offering a salary that was one-third of what her male predecessor earned.
Construction PRO
Macquarie Technology Group has secured the option to buy a Sydney city site with a $240 million price tag near its existing data centre holding in Macquarie Park.
Construction PRO
Lendlease has announced its plan for a luxury apartment complex in Sydney, expected to reach an end value of $2.5 billion, after securing land overlooking Hyde Park.
Construction PRO
Administrator appointments for construction companies leaped 20 per cent in the latest financial year, according to data released by the corporate regulator.