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Investment firm KKR is teaming up with asset manager HMC Capital, investing up to $603 million in a project devoted to wind and battery assets.
Developer can’t halt ACT retirement village review pending appeal
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A developer with plans for a retirement village on part of the Federal Golf Course has lost a bid for an interim stay of a tribunal proceeding by a community group opposed to the project.
Sydney townhouse project a case of ‘overdevelopment’, court says
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A court has rejected a developer’s plans for a Sydney housing development, finding its cramped townhouses would provide little amenity to future residents and encroach upon an endangered environment site.
Mitsubishi Estate Asia to sell 49.9% stake in Stockland partnership
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Real estate investor Mitsubishi Estate Asia is divesting its 49.9 per cent interest in the Stockland Residential Rental Partnership amid what its broker says is “surging” interest in the land lease communities sector in Australia.
A ‘debt of gratitude’: Son of Holocaust survivor takes his spot on the bench
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The child of a Holocaust survivor, barrister Gregory Sirtes has been sworn in as a judge on the NSW Supreme Court, saying his appointment was the “tiniest repayment” for the opportunities given to his Hungarian Jewish family as post-war migrants.
Axed employee’s appeal claims public interest in upholding WFH right
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A man who was fired after failing to comply with a return-to-office directive has appealed the Fair Work Commission’s finding that he was not unfairly dismissed, saying there is “a public interest” in upholding the contractual right to work from home.
Strongroom AI director claims self-incrimination privilege in EVP case
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A director of med tech start-up Strongroom AI is claiming privilege against self-incrimination in a case by venture capital firm EVP seeking to recoup its $10.4 million investment.
AMCI founder loses appeal over sacking of Australian boss
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An appeals court has thrown out mining billionaire and AMCI co-founder Hans Mende’s challenge to a ruling that found his decision to sack the group’s Australian managing director was invalid.
Quinn Emanuel fights $24M security bid in hotel quarantine class action
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The state of Victoria wants $24 million in security for costs from the applicant in a class action over its COVID-19 hotel quarantine fiasco, citing concerns about recovering costs from the US-based Quinn Emanuel entity that’s funding the case.
Judge won’t delay trial in Super Retail case to accommodate silk
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The judge overseeing the Fair Work Ombudsman’s case against Rebel Sport owner Super Retail Group won’t push off the trial to 2027 to accommodate the regulator’s silk, saying further delay “should not be tolerated”.