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Construction insolvencies jump 20 per cent: report
Construction 2025-07-15 11:56 pm By Andy Sidler

Administrator appointments for construction companies leaped 20 per cent in the latest financial year, according to data released by the corporate regulator.  

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GM loses bid to strike out Holden transmission defects class action
Class Actions 2025-07-11 11:21 pm By Cindy Cameronne

GM can’t strike out a class action over alleged faulty transmissions in Holden cars, with a judge saying the case doesn’t need to identify the “precise mechanical, metallurgical or engineering explanation” for alleged defects.

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Setka hits back at FWO case over alleged coercion of AFL
Employment 2025-07-11 11:57 pm By Sam Matthews

Former CFMEU figure John Setka has denied the workplace watchdog’s claims that he tried to coerce the AFL into sacking its head umpire over his previous role at the Australian Building and Construction Commission, saying the union had a legitimate political interest in polemicising against an “anti-unionist” officiating “a working man’s sport”.

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$750M climate class action against Murray Darling Basin Authority heads to trial
Class Actions 2025-07-11 11:57 pm By Cindy Cameronne

A long-running class action against the Murray Darling Basin Authority over alleged negligent water management, including the failure to consider the impacts of climate change, will head to trial next month, just weeks after the court issues judgment in another closely watched climate class action. 

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Acciona, AECOM added to Hunter Valley bus crash class action
Class Actions 2025-07-11 11:39 pm By Cindy Cameronne

Builder Acciona and consultant AECOM have been named as defendants in a class action on behalf of families of victims of a bus accident in Hunter Valley, NSW, facing allegations they were responsible for the construction and certification of the interchange where it occurred. 

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PE fund Goldstone appeals ruling on unfair sacking of director
Appeals 2025-07-11 11:56 pm By Cindy Cameronne

A private equity fund is challenging a ruling that it acted in an “oppressive” and “unfairly prejudicial” way towards its managing director, who a judge found was invalidly sacked for standing in the way of a deal with her business partner’s son. 

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Construction PRO
Abacus Storage receives $2.2B takeover bid after shunning earlier offer
Real Estate 2025-07-14 3:23 pm By Cat Fredenburgh

Abacus Storage Kings has a received a $2.2 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, after rejecting a $1.9 billion offer in May.

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Construction PRO
Hyde Park developer, RSL settle $95M payment dispute
Construction 2025-07-14 2:39 pm By Andy Sidler

The prospective developer of the Hyde Park Inn in Sydney has dropped its appeal of a decision which disallowed it from delaying a $95 million payment to the NSW Returned Service League.

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Construction PRO
Trial can continue against bankrupt execs of collapsed developer Dyldam
Trials 2025-07-14 11:32 am By Cat Fredenburgh

A judge has given a liquidator approval to continue with claims at trial against former executives of failed Sydney developer Dyldam after they declared bankruptcy.

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Construction PRO
$500M waste-to-energy plant wins extension, as Acciona’s wait continues
Energy & Natural Resources 2025-07-14 12:28 pm By Andy Sidler

Receivers of the $500 million East Rockingham waste-to-energy project will have until the end of September to hash out a plan to maximise creditor returns, as Acciona’s wait for approval of its bid to acquire the plant continues.

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