Another fight over an $87 million mixed-use Canberra development may be on the cards, after the project’s liquidators won approval to assign potential claims against WSP and builder Construction Control over alleged stitch bolt defects.
A $750 million green hydrogen project in South Australia has been shelved in the wake of a feasibility study.
Star has extended the exclusivity period for a potential $940 million refinancing deal with Salter Brothers as the struggling casino operator races to head off insolvency.
Construction and engineering firm Gradian Group is suing a company partially owned by two former employees, alleging it has stolen its equipment and is poaching clients and suppliers, including Boral.
Australian building materials giant James Hardie will acquire US-based home decking provider AZEK in a nearly $14 billion merger.
Former directors of collapsed Sydney developer Dyldam have been targeted by a liquidator over claims allegedly worth at least $33 million.
Victoria’s State Revenue Office must pay the bulk of costs incurred by shopping centre landlord Vicinity in a successful challenge to $82.5 million in stamp duty slapped on land occupied by Myer and Emporium in Melbourne’s city centre.
The NSW Environmental Protection Agency and the owner of a disused copper smelter in Port Kembla, NSW have agreed to an $18 million enforceable undertaking to address copper contamination in the area, which could affect close to 400 homes.
The federal Treasurer’s proposed national licensing scheme for electricians is a welcome move that will cut red tape and increase productivity, Master Builders Australia has said.
Silicon Valley tech company PsiQuantum has selected Lendlease as its preferred construction partner on a commercial-scale quantum computer in Brisbane.