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The former owner of 28 hectares of land in Western Sydney has sued Sydney Water, alleging it deliberately sought to prevent the sale of the property on the open market and disputing a $347 million valuation.
Schiphol ups stake in Brisbane Airport ahead of Olympics
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Dutch airport operator Schiphol has upped its shareholding in Brisbane Airport ahead of the 2032 Olympic Games, guaranteeing itself a second board seat.
Corrs steers complex $1B Stockland acquisition of 12 Lendlease communities
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Corrs Chambers Westgrath helped get Stockland’s complex $1.06 billion acquisition of a dozen masterplanned community from Lendlease over the line late last year.
Telstra cops $394,000 penalty for NBN speed testing failures
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Telstra has paid a $394,380 penalty for shirking its obligation to check internet speeds when migrating customers to the NBN.
Ultra Tune loses appeal of record $1.5M fine for contempt
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Ultra Tune has lost its appeal of a record $1.5 million fine for contempt after it failed to follow a court-ordered compliance program in proceedings brought by the consumer watchdog.
Court rejects ‘trawling exercise’ ahead of Waller Legal negligence trial
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The plaintiff in a negligence case against Waller Legal has failed in his last-minute call to vacate the trial to obtain more documents, an exercise a judge said would “make a mockery of the Civil Procedure Act”.
Sydney’s Westpoint Shopping Centre sells for record $900M
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Westpoint Shopping Centre in Western Sydney has been sold for $900 million, in Australia’s largest individual retail asset transaction.
Expect more alternative contract models in construction in 2025, new Landers partner says
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Alternative contract models are set to shake up the construction and infrastructure sectors in 2025, according to a new construction partner at Lander & Rodgers.
Snowy 2.0 hydro project halted amid union’s safety concerns
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Work on the country’s biggest renewables project has again halted after the AWU again raised safety concerns about the use of ‘refuge chambers’ on the project.
Bankrupt mining exec’s mum must turn over $6M from Rose Bay property sale
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The mother of bankrupt mining boss Ian Stolyar must pay $6.2 million from the proceeds of the sale of a Rose Bay property to the trustee of his bankrupt estate.