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Construction PRO
Logistics company Qube has prevailed in a fight to enforce $26 million in partial arbitration awards against Martinus Rail over Sydney's $4 billion Moorebank Intermodal Terminal.
Construction PRO
Charter Hall has picked up three industrial and logistics assets in South East Queensland, including an Australia Post distribution centre, for $192.4 million.
A class action has told the Federal Court that franchisees of defunct Westpac subsidiary RAMS felt targeted and discriminated against after being flagged for "suspected anomalies" during an investigation.
Litigation funder Omni Bridgeway is challenging a decision that halved its $71 million commission in the Robodebt class action, which settled for $550 million.
Macquarie's board will no longer back the appointment of KPMG to replace PricewaterhouseCoopers as the group's auditor, following claims audit partners used confidential client information to win tenders.
Shine Lawyers has written down its work in progress and disbursements by $13 million from a class action after an "unexpected" judgment, it said Friday, a week before the release of its 2026 financial year results.
Construction PRO
Mall owner Scentre Group has sold a 50 per cent stake in Westfield Mt Gravatt to Australian Retirement Trust for $882.5 million, taking to over $3 billion its capital raising from joint venture sales in the past year.
A Sydney silk who recently represented singer Guy Sebastian and the liquidators of the Tahmoor coal mine has been tapped to join the NSW Supreme Court.
Bendigo and Adelaide Bank has been hit with enforcement action by the prudential regulator for cybersecurity failures by a former business, and has agreed to an $8 million penalty.
Businesses in two cases against Lloyd's and QBE over COVID-19 losses have failed in an appeal of a ruling stripping the suits of class action status.