Industries

A joint venture contracted to build a battery storage facility in the Melbourne Renewable Energy Hub, expected to be one of the world's largest, has dropped a suit against renewables developer Equis alleging it was entitled to a 50 per cent reduction in its bank guarantees.

The federal government has scaled back the freight Inland Rail project after a report found the project, which would run Melbourne to Brisbane, would cost $45 billion.

EnergyAustralia has lost its appeal of a finding that it's on the hook for portable long service leave for maintenance workers at its Yallourn power station because its significant maintenance activities mean it's 'in the construction industry', a ruling that could affect energy, rail and telecommunications firms.

Adani has asked the court to toss a class action by First Nations landowners over media statements made during a dispute over the Carmichael open cut mine in Queensland.

Private toll road operator Atlas Arteria has urged shareholders to reject a $7 billion hostile takeover offer from IFM Investors that allegedly undervalues the company.

Pharmacor has accused AstraZeneca of launching a royal commission into emails with its lawyers as AstraZeneca opposes the generic drug maker's bid to amend its pleading in a patent case over diabetes drug Forxiga.

Developer H1land Group wants to revise its case against Victoria's Suburban Rail Loop Authority over a substratum land acquisition, claiming that acquiring the land under the Major Transports Projects Act amounts to equitable fraud.

An appeals court has found the owners of a cotton farm in Queensland are liable for causing nuisance to their neighbours after building a flood mitigation levee, despite the levee being a “common and ordinary” use of the land.

Bunnings owner Wesfarmers has signed a joint venture agreement with Built Group to use Design for Manufacture and Assembly principles to build faster, lower cost residential developments.

Dexus and Boral have entered a joint venture to develop the Ravenhall Logistics precinct in Melbourne's west.