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Mirvac secures $23M land valuation for Sydney high rise
Construction 2025-05-02 11:18 pm By Andy Sidler

Property developer Mirvac has successfully challenged the land tax valuation of a North Sydney office block, securing a $6.25 million reduction following a conciliation conference with the Valuer General of NSW.

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Court won’t block investor in Sam Altman-backed AI firm from voting on share sale
Corporate 2025-04-30 11:43 pm By Sam Matthews

A judge has declined to make orders blocking a general meeting of the members of Cryptai, a company with a significant shareholding in Sam Altman-backed Ai company Rain Neuromorphics, in order to consider a share sale.

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Keybridge to stay in administration pending Nick Bolton appeals
Justice Mark Leeming 2025-04-24 11:57 pm By Cat Fredenburgh

Keybridge CEO Nick Bolton has won a stay of orders ending the company’s administration as he appeals that ruling and another that found he and two other directors were validly removed and replaced at a board meeting.

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Construction PRO
‘Far-fetched and uncommercial’ take on PPAs rejected in spat over NT power plants
Transportation & Infrastructure 2025-04-23 11:17 pm By Christine Caulfield

Electricity provider Rimfire Energy has prevailed in a fight with the builders of two power plants in the Northern Territory, winning $1.4 million in damages for a four-year delay in reaching target operating dates.

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Construction PRO
Developer can’t claim setoff in spat with Tomkins over $55M Sunshine Coast apartments
Contracts 2025-04-22 11:30 pm By Julia Kanapathippillai

An appeal against a ruling that the developer of a $55M Sunshine Coast residential complex could not set off a liquidated damages claim against builder Tomkins’ pre-completion payment claim has been thrown out.

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Judge ends Keybridge administration, finds company is solvent
Restructuring & Insolvency 2025-04-15 2:08 pm By Andy Sidler

After running a successful campaign to remove three board members, major Keybridge shareholder WAM Active has convinced a court to end the investment company’s administration after it provided a letter of comfort and offer to fund its debts.

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Construction PRO
Woolworths unit wins fight with council over look of Broadmeadow store
Construction 2025-04-16 11:01 pm By Andy Sidler

Newcastle council’s concerns about the street appeal of a Woolworths development have been brushed aside, with a court finding that reasonable minds may differ on the question of ‘high visual quality.’ On Tuesday, Justice John Robson of the NSW Land and Environment Court granted the development approval sought by Woolworths’ development unit Fabcot Pty Ltd,…

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Construction PRO
Kent Projects can’t escape fraud claims by CFMEU
Construction 2025-04-16 11:03 pm By Christine Caulfield

The engineering company behind the world-first Kwinana energy transformation hub in WA has lost a bid to strike out fraud claims from a case by the CFMEU over an enterprise agreement covering maintenance workers.

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Construction PRO
Developer wins docs from council in spat over Paddington boarding house reno
Construction 2025-04-14 11:34 pm By Julia Kanapathippillai

Sydney City Council has been ordered by a court to produce documents in a legal battle with a property developer seeking to convert a Paddington boarding house into luxury residences.

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Construction PRO
Mills Oakley snags real estate, financial services partners for Melbourne office
People In The News 2025-04-10 11:47 pm By Julia Kanapathippillai

Mills Oakley has hired two new partners for its financial services and national property teams.

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