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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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Construction PRO
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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Construction PRO
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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Construction PRO
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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Construction PRO
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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High Court won’t hear case against builder by subcontractor’s injured worker
Article 2025-05-12 11:08 pm By Christine Caulfield

An injured construction worker has failed in his plea to the High Court to weigh in on his case, which alleged a principal contractor owed a duty of care to him as a sub-contractor’s employee.

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Construction PRO
Enviro court OKs three fast food outlets in heritage listed suburb
Construction 2025-05-12 11:43 pm By Cat Fredenburgh

The NSW Land and Environment Court has granted approval for the development of three fast food outlets on a block off the Central Coast Highway in the heritage listed suburb of Kariong, despite objections from locals. 

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