Maxcon Developments, which allegedly owes $23 million in unpaid tax, has lost its bid to stay orders winding up the business, with a judge deeming the company “hopelessly insolvent”.
Tasmanian Ports had a right to kick wood pellets manufacturer Resources Australasia off leased property after it erected an awning structure without permission, a court has found.
Developer Schofields has won $20 million from the New South Wales government after the state failed to provide an easement or road access to land it owned for more than two years after acquiring a neighbouring lot.
A Perth construction company still owes electrical contractor Mobius full payment for work on a Rio Tinto reinjection scheme after it was duped by a fraudulent email, with a judge calling the case “a salutary reminder” of the importance of verifying bank details.
Chinese builder Yuanda has settled a lawsuit against its former director that alleged he diverted building contracts, including a project with Lendlease, to his current employer SRG Global.
Construction materials giant Boral has pleaded guilty to interfering with Indigenous relics at a Hobart quarry.
CPB Contractors has sued its insurers for their refusal to cover $9.5 million in costs incurred fixing defective road signs on the CityLink extension in Melbourne.
Moray & Agnew has hired former KPMG director Duncan Webber as a partner to lead the firm’s Canberra-based property practice. Webber has 12 years experience in advising both private sector and government clients on property and real estate matters. Moray & Agnew Canberra managing partner Emma Reilly said Webber brought great experience to the firm…
A bidding war has broken out after Singaporean developer Ho Bee Land made a $390 million offer to acquire developer AVJennings, months after AVID Property Group lodged a takeover offer.
US property firm Greystar is acquiring a portfolio of student accommodations worth $1.6 billion, one of the largest deals of its kind in the Australian market.