Most Recent
Construction PRO
Giving in to CFMEU demands only option, Big Build royal commission hears
The royal commission probing Victoria's Big Build has heard that for site operators, there was no alternative but to give in to demands by the CFMEU.
Construction PRO
AVID matches Warburg Pincus’ offer for Ingenia as bidding war intensifies
AVID Property Group has matched the latest offer by US private equity firm Warburg Pincus in the bidding war for Ingenia Communities, putting it back in the running for the retirement village developer.
Construction PRO
Trustee for director of collapsed builder Qasar can join liquidator’s case
The bankruptcy trustees of a former director of Sydney builder Quasar have won their bid to be joined to proceedings by the company's liquidators over money he allegedly transferred to his former wife, over her objections.
Class action tells High Court NULIS not authorised to deduct $165M in adviser fees
A failed class action against former NAB super fund trustee NULIS Nominees has told the High Court that the character of $165 in alleged conflicted remuneration fees has to be determined by their purpose, rather than how they were described in product disclosure statements.
ASIC makes stop orders against Bathla lender Angas Securities
The corporate regulator has made interim orders barring Angas Securities from offering two managed investment schemes holding $114 million, raising concerns that it failed to disclose its exposure to collapsed developer Bathla Group.
Geographical connection sinks food company’s ‘Nadi’ trade mark bid
A German food company has lost its bid to register 'Nadi' as a trade mark, with an IP Australia delegate finding the name was not capable of distinguishing the company's goods because it is also the name of Fiji's second-largest town.
Construction PRO
Dexus to challenge $30M costs as part of APAC shareholder breach appeal
Infrastructure fund manager Dexus is adding last month's $30 million costs ruling to its appeal of a decision that found it committed an irremediable breach of APAC's shareholder deed.
Construction PRO
Coles’ acquisition of Kalgoorlie site to add to competition, tribunal told
Independent supermarkets should not be insulated from the effects of competition by the ACCC, Coles has told a tribunal as it challenges the watchdog's rejection of its proposed acquisition of a Kalgoorlie supermarket site.
Construction PRO
No NextDC takeover plans but Goodman, Digital Realty looking for ‘collaboration’
Goodman Group and Digital Realty have told the market they have no present intention to make a takeover bid for NextDC, after forming a joint venture to secure a 9.9 per cent shareholding in the AI data centre player.
Construction PRO
Qanstruct settles Port Botany defects case against Bosfar
Construction company Qanstruct has settled its case against steel fibre reinforcement manufacturer Bosfar over $55 million in alleged defects at the Port Botany Enfield intermodal logistics centre.