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APA Group wins OK for $213M pipeline expansion to bolster Vic gas supply
Energy infrastructure company APA Group has won the Australian Energy Regulator's approval for a proposed $213 million expansion of Victoria's South West pipeline, which will help address projected peak-day gas shortfalls from 2029.
‘Trap’ calls in IP disputes should not be made by lawyers, judge says
So-called trap calls to suspected intellectual property violators should not be made by solicitors, a judge has said, referring to two phone calls by a lawyer acting for a Queensland pool company in a trade mark dispute.
Fintech Bano to be kicked off Banking Circle platform over AML/CTF risks
A judge won't force alternative banking provider Banking Circle Australia to continue providing services to fintech Bano, finding the platform faced a real risk of breaching anti-money laundering and counterterrorism financing laws if the relationship continued.
Construction PRO
Devcorp liquidators get more time for claims over $130M projects
Liquidators appointed by the court to five companies behind $130 million worth of construction projects in Brisbane have won more time to bring potential claims while they investigate several matters, including an allegedly “very odd” tax situation.
Construction PRO
Shell faces $30M arbitration claim over Queensland solar farm
Shell is facing $30 million arbitration proceedings from Indian renewables company Sterling and Wilson Renewable Energy stemming from agreements to construct and operate the Gangarri solar farm in Queensland.
Construction PRO
Coles says ACCC’s deal block may affect future supermarket development
Coles has asked the Australian Competition Tribunal to allow its proposed acquisition of a leasehold interest in a supermarket and liquor store site in Kalgoorlie to go ahead, saying the ACCC's determination "may have broader implications for future supermarket developments under the new merger regime".
Construction PRO
Macquarie Technology secures land in Northern Sydney for $3B data centre
Macquarie Data Centres will spend up to $3 billion on a 200-megawatt data centre campus in Sydney after striking a $240 million land deal in Macquarie Park.
Construction PRO
Developer of Sydney’s Honeycomb Terraces freed to sell lots to pay debts
An appeals court has relaxed freezing orders against Sydney property developer Golden Rain, allowing it to sell property to repay its debts while it defends a $26 million defects claim by the owners corporation of the Sugarcube Apartments and Honeycomb Terraces developments.
Construction PRO
Liberty smelter to close after sale to consortium falls through
The Liberty Bell Bay smelter in Tasmania will be shuttered after the consortium proposing to acquire the struggling manganese alloy producer withdrew its interest.
Construction PRO
NSW waves through $1B Burrah Park industrial hub in Western Sydney Aerotropolis
The NSW government has approved a $1 billion logistics and industrial estate in the Western Sydney Aerotropolis, the largest industrial development to date in the area near the city's new airport.