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Construction PRO
Downer, Stockland ink $500M management agreement
Major infrastructure manager Downer Group has signed a five-year $500 million deal to manage Stockland’s suite of operational assets.
Medibank slams ‘illogical’ ruling on Deloitte report in data breach class action
Medibank has criticised a judge’s finding that legal professional privilege did not attach to a Deloitte report commissioned in the wake of a massive data breach, arguing she came to an “illogical” conclusion. 
Construction PRO
Council wins case over minister’s sale of Crown land for subdivision
A court has found that a minister's decision to sell a section of Crown land to a buyer intending to carve it into 15 lots was made in breach of planning laws. 
Construction PRO
Keystone’s Chiodo wants $9M case heard with suit against City Built boss
Property developer and former director of collapsed Keystone Asset Management Paul Chiodo wants his suit against Keystone’s liquidators managed alongside their case against the owner of City Built.
Construction PRO
Counsel fee rate guide ‘hopelessly outdated’, judge says
A judge has remarked that the counsel fee rate guide is now 13 years out of date and no longer serves its purpose, in a ruling ordering $1.5 million in costs against Golden Eagle Property Group.
Construction PRO
Rawcorp can’t block recourse to security in fight over $25.5M development
A developer can have recourse to $740,000 in security following building delays, with a judge finding that its contract with Rawcorp for the construction of a Coolangatta apartment complex created an unfettered right to call on the security. 
High Court rejects lender’s second bid for judge’s recusal in ASIC case
The High Court has dismissed Sunshine Loans' second attempt to have a judge recuse himself from a penalty hearing in ASIC’s case against the payday lender, despite his criticism of a witness due to give further evidence.
Court orders Macquarie to pay $35M in ASIC’s short-sale reporting case
A court has ordered Macquarie Securities to pay an agreed $35 million penalty after finding that “serious deficiencies" in its reporting systems resulted in repeated failures to accurately report short sales.
Construction PRO
Next Constructions accuses ex-employee of $700K in secret profits
Sydney builder Next Constructions has accused a former employee and his wife of procuring $700,000 in secret profits by allegedly directing subcontractors to pay a company they controlled. 
Construction PRO
Shangri-La director loses case against insurers over cladding liability
A director of collapsed builder Shangri-La Construction who was found personally liable for $3.2 million in rectification costs for combustible cladding in a Melbourne apartment complex has failed to pass on his costs to his insurers.