Region

Three Keybridge Capital directors have rejected claims that board minutes documenting a $4.75 million bonus to former CEO Nicholas Bolton were a post-hoc "concoction”, saying they accurately reflected an agreement reached during a nine-minute meeting in 2023.

A judge has dismissed a case brought by a sand importer against the Port Authority of NSW seeking to recoup alleged lost profits and reliance damages falling from a lease agreement for a multi-user facility in the Sydney harbour. 

Criminal proceedings have been lobbed against Netstrata and managing director Stephen Brell, accusing the strata management company of conflicts of interest in connection with payments from contractors.

A HWL Ebsworth major projects partner has been fined $10,000 for unsatisfactory professional conduct after sending angry text messages to a builder over work on his home, including one message that threatened to "bite" him.

MA Financial unit Redcape Hospitality has secured a major hotel haul, scooping up seven Hunter, NSW venues from Sam Arnaout's Iris Capital worth a reported $500 million.

An appeals court has ordered Colliers to pay a former director more than $110,000 for serving as agent on a lease at the Westfield in Sydney's CBD, which he did not receive after he left the firm in 2016.

A subcontractor that provided piling services on a Parramatta RSL carpark project has been ordered to pay excavation contractor A-Civil more than $350,000, with a judge finding it was liable for liquidated damages and other amounts.

The City of Melbourne will oppose amendments to Lendlease’s $263 million Swanston St tower due to “unacceptable impacts” on views, including overshadowing Federation Square and the Flinders Street steps. 

The Retirement Villages Act was unfit for the purpose of protecting both former residents at a Paterson Lakes retirement village and new apartment owners, who appeared to be victims of an "exploitative" scheme by former managers and operators, a court has found.

Counsel assisting Queensland's inquiry into the CFMEU is pushing for a new construction code of practice and independent regulator, saying time is of the essence with the government poised to spend $7.1 billion for construction projects for the 2032 Olympic Games.