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Developer Bloc is locked in a dispute with a contractor on the Watervue residential development in Newcastle, who it has accused of carrying out defective piling works.
Development consent for Sydney Airport hotel ‘in force’: NCAT
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The NSW Civil and Administrative Tribunal has given the operator of the Ibis Sydney Airport hotel in Mascot another chance to seek a liquor licence, finding a deferred commencement condition did not mean a development consent was not ‘in force’.
WA cancels $1.6B redevelopment for Perth Convention and Exhibition Centre
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The government of Western Australia will not move forward with a planned $1.6 billion redevelopment of the Perth Convention and Exhibition Centre but will instead divert most of its $1.6 billion investment to a hospital infrastructure fund.
AGL sells Tilt Renewables stake to OIC, Future Fund for $750M
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AGL has agreed to sell the lion’s share of its equity stake in Tilt Renewables to the Queensland Investment Corporation and Australia’s sovereign wealth fund for $750 million.
Australian Renewable Energy Agency pumps $45M into Fortescue solar hub
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The Australian Renewable Energy Agency will invest $45 million into Fortescue’s first-of-its-kind solar innovation hub in Western Australia’s Pilbara region.
ISPT offloads Parramatta CBD office tower for $82M
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Real estate investment fund manager ISPT has sold an 11-storey A-Grade office tower in Parramatta’s CBD for $82 million.
High Court appeals fail in strip search case against Qatar Airways
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The High Court won’t weigh in on a case over strip searches of Qatar Airways passengers, following a mixed ruling that revived claims against the airline but found Qatar’s aviation authority could not be sued.
Mayne turns to Takeovers Panel in latest move to salvage $672M Cosette deal
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Mayne Pharma is not walking away from US drug maker Cosette’s proposed takeover without a fight, filing an application with the Takeovers Panel to force Cosette to agree to the conditions needed to win FIRB approval for the $672 million deal.
G8 Education loses appeal over ex-chair’s criminal defence costs
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Childcare provider G8 Education on Friday lost a challenge to a ruling that it cover the legal costs of its former chair, who faced criminal charges that were dropped in March.
AGN must detail reasonable grounds for ‘Love Gas’ ads, ACCC says
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In its case accusing Australian Gas Networks of greenwashing with ads promising gas was “becoming renewable”, the consumer regulator is pushing the company to identify who it says had reasonable grounds for the statements.