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”.
Coombes Property Group has been awarded $200 million in compensation for Sydney Metro’s compulsory acquisition of its CBD property, despite contending it was entitled to $430 million.
UK construction company Murphy is continuing its expansion with a 40 per cent stake in Sydney-based building company Abergeldie Complex Infrastructure.
The former CEO of School Infrastructure NSW directed a $20 million contract to friends — a former PwC partner and the head of a consulting firm — without disclosing any conflicts, according to an ICAC inquiry.
Mayfield Development’s competition case against NSW Ports over agreements to privatise two ports has made it to the High Court, with the developer pressing its argument that derivative Crown immunity did not apply to the port authority.
Two former Herbert Smith Freehills partners who specialise in infrastructure law have joined forces to launch a new legal and advisory firm.
Logistics company Qube wants the High Court to clarify the scope of an adjudicator’s role in determining a contractor’s payment claims under the SOP Act.
Infrastructure and real asset investment firm Stonepeak has entered a deal to acquire a 75 per cent interest in Queensland-based commercial fuel and logistics provider IOR Group.
Engineering firm Monadelphous will acquire a Perth-based provider of high-voltages services for $21.5 million.
Australian gold miner Alkane has entered a merger agreement with Canada’s Mandalay to create a diversified gold and antimony producer with three operating mines.