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Auckland-based casino operator SkyCity plans to file a $278 million suit against Fletcher Building over alleged losses stemming from the delayed construction of the New Zealand International Convention Centre.
Appeals court affirms $50M haircut for land acquired for Melbourne freeway
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The owners of land acquired to build the Mordialloc Freeway have lost a bid for $52.8 million in compensation, with an appeals court affirming that they are only entitled to $2.24 million because of prior compensation paid on the land.
Meta not ‘innocent bystander’, says ACCC in fight to keep crypto ad case alive
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Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The ACCC is again trying to fend off a strike-out bid by Facebook owner Meta in its case over cryptocurrency ads, arguing Meta has built a system in which the misleading ads can flourish and is not an “innocent bystander”. The…
Westpac’s RAMS taken to court over ‘widespread’ misconduct across franchise network
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Westpac’s mortgage subsidiary RAMS Financial Group faces penalty proceedings by the corporate regulator after admitting to “widespread” misconduct.
Parkview reaches settlement in Australia Towers cladding case
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Parkview Constructions has reached a settlement in an owners corporation’s lawsuit over allegedly combustible cladding at the Australia Towers in Sydney Olympic Park.
Roberts Co sued for failing to pay $3.2M claim submitted two hours late
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A contractor who worked on the Westmead Children’s Hospital is seeking orders compelling Roberts Co to make a $3.2 million progress payment, arguing service past business hours on Friday was still Friday service.
Centennial acquires Adelaide office tower for $50.5M
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Property investment manager and developer Centennial has scooped up an A-grade office tower in Adelaide’s Pirie Street precinct for $50.5 million.
Live Nation snaps up Perth building for latest music venue
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Global entertainment giant Live Nation has acquired a Perth warehouse which it promises to transform into a world-class live music venue in about a year.
Builder sues over Hermitage Engadine development
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The owner of an Engadine site being developed into an apartment complex has been sued by the project’s builder, who seeks over $2 million in allegedly unpaid progress payments as well as damages for breach of contract.
Cabramatta property developer can’t rely on assumptions in defects spat with owners
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A judge has ruled that the owners corporation of a 20-unit development in Cabramatta is entitled to damages from the developer over defects, after promised rectification works were not carried out by an agreed date.