Transportation & Infrastructure

Hearing a fight over $40 million in costs in a case over the sale of Dexus shares in Australia Pacific Airport Corporation, a judge has said he doubts the airport operator can recover the hundreds of thousands of dollars spent on a media consultant during the dispute.

A consortium of CPB Contractors and SMEC Australia has been selected as the preferred bidder for the first stage of works for the Melbourne Airport rail project, part of Victoria's Big Build infrastructure plan.

Infrastructure giant Downer Group has been awarded a contract to upgrade Western Australia's Albany Airport, with funding from the federal government, the state government and City of Albany.

Liberal senator Dave Sharma has called on ASIC to scrutinise AI data centre company Firmus' withdrawn initial public offering, including representations made to investors.

After building data centres in Canada and the US, Australian developer IREN has unveiled plans to build a data centre near Wagga Wagga. 

AI data centre operator Firmus has scrapped its plans for an initial public offering that valued the company at over $44 billion.

Allens, along with fellow Big Six firm Clayton Utz, has joined a leading data centre lobbying group to promote national reforms that will bring greater certainty to data centre developments.

AI infrastructure companies have warned that Australia has defined AI sovereignty “too narrowly” and called for the government to support Australian providers across the technology stack, beyond data centres.

Microsoft and Stockland have secured NSW planning approval for two data centres worth a combined $1.83 billion, with conditions requiring renewable energy to offset their electricity use and emissions.

The team from Perth's Chord Advisory -- headed by two former Herbert Smith Freehills Kramer partners -- will join Clayton Utz to strengthen the Big Six firm's infrastructure, construction and real estate practice.