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Builder Watpac hit with $3.5M suit over Werribee sports centre leaks
Construction 2025-05-13 11:15 pm By Christine Caulfield

Watpac faces a lawsuit by Wyndham City Council over alleged leaks from the roof of the redesigned Werribee Sports and Fitness Centre, which it says cost $3.5 million to fix.

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Siemens sued by AGL over $70M generator outage at Loy Yang
Energy & Natural Resources 2025-05-13 11:21 pm By Cat Fredenburgh

AGL has sued Siemens for damages stemming from a generator outage at its coal-fired power station in Victoria’s LaTrobe Valley, which the energy company said at the time had resulted in a $70 million profit hit.

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Abacus Storage Kings rejects $1.9B takeover offer
Construction 2025-05-13 11:27 am By Cat Fredenburgh

Abacus Storage Kings has rejected a $1.9 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage.

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KWM-repped Dyno Nobel sells Gibson Island site for $194M
Real Estate 2025-05-13 11:58 pm By Julia Kanapathippillai

Explosives company Dyno Nobel has entered into a $194 million contract to divest land on Gibson Island in Brisbane, reportedly selling the site to property investment giant Goodman Group. 

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Ampol to divest Australia, NZ retail electricity businesses
Energy & Natural Resources 2025-05-13 11:33 pm By Andy Sidler

Petrol giant Ampol has announced it is exiting the retail electricity market in Australia and New Zealand, divesting its assets to AGL and Meridian to direct its focus towards electric vehicle charging and renewable fuels. 

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Clyde & Co nabs Kennedys insurance expert to grow casualty claims practice
Insurance 2025-05-12 11:58 pm By Julia Kanapathippillai

A personal injury and insurance expert from Kennedys has joined Clyde & Co’s partnership in Brisbane.

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High Court won’t hear Dominique Grubisa’s appeal
High Court 2025-05-09 11:13 pm By Cat Fredenburgh

The High Court has rejected a special leave application by wealth guru Dominque Grubisa seeking to overturn a finding that she had actual knowledge that statements made by her company DG Institute to students who enrolled in her courses were misleading.

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Court rejects McNab’s payment claim for Forme development in Brisbane
Construction 2025-05-12 11:47 pm By Cat Fredenburgh

An interim payment claim under Queensland’s SOP Act must include claims related to work carried out within the preceding six months, a judge has found.

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Castle Group pays $119.5M for Sydney development site
Construction 2025-05-12 11:14 pm By Cat Fredenburgh

Castle Group has acquired a 41.32 hectare landholding in Western Sydney’s Austral region for $119.5 million.

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Telstra snags Microsoft Australia head for infrastructure business
Transportation & Infrastructure 2025-05-12 11:02 pm By Cat Fredenburgh

The head of Microsoft Australia will make the jump to Telstra’s $15 billion infrastructure business InfraCo, the latest step in the telco’s path to becoming an “AI-fuelled company”.

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