Deals

McCullough Robertson has lured a partner from Ashurst who has advised the Queensland government on the 2032 Olympic Games.

Charter Hall has signed a deal to take over a Sydney office precinct from Lendlease.

The Albanese government is planning to spend $3.8 billion more on Melbourne's Suburban Rail Loop rapid transit project, one day after it walked away from the completion of the Inland Rail project.

Renewable energy projects are moving away from rigid, long-term tolling agreements towards more flexible financing structures, according to an Ashurst partner, with lenders warming to new mechanisms like virtual tolling agreements. 

The federal government has scaled back the freight Inland Rail project after a report found the project, which would run Melbourne to Brisbane, would cost $45 billion.

Private toll road operator Atlas Arteria has urged shareholders to reject a $7 billion hostile takeover offer from IFM Investors that allegedly undervalues the company.

Bunnings owner Wesfarmers has signed a joint venture agreement with Built Group to use Design for Manufacture and Assembly principles to build faster, lower cost residential developments.

Dexus and Boral have entered a joint venture to develop the Ravenhall Logistics precinct in Melbourne's west.

Corrs Chambers Westgarth has hired a leading projects partner from Ashurst who has significant experience in advising companies on the energy transition.

The federal government has awarded contracts to 10 new renewable energy projects in Western Australia, which will deliver a combined 1.9 gigawatts of renewable energy and 484 megawatts of battery storage.