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Siemens sued by AGL over $70M generator outage at Loy Yang
AGL has sued Siemens for damages stemming from a generator outage at its coal-fired power station in Victoria's LaTrobe Valley, which the energy company said at the time had resulted in a $70 million profit hit.
Construction PRO
Abacus Storage Kings rejects $1.9B takeover offer
Abacus Storage Kings has rejected a $1.9 billion takeover offer from a consortium of Ki Corporation, the family office of South African businessman Nathan Kirsh, and New York Stock Exchange-listed Public Storage.
High Court won’t hear Dominique Grubisa’s appeal
The High Court has rejected a special leave application by wealth guru Dominque Grubisa seeking to overturn a finding that she had actual knowledge that statements made by her company DG Institute to students who enrolled in her courses were misleading.
Construction PRO
Court rejects McNab’s payment claim for Forme development in Brisbane
An interim payment claim under Queensland's SOP Act must include claims related to work carried out within the preceding six months, a judge has found.
Construction PRO
Castle Group pays $119.5M for Sydney development site
Castle Group has acquired a 41.32 hectare landholding in Western Sydney's Austral region for $119.5 million.
Construction PRO
Telstra snags Microsoft Australia head for infrastructure business
The head of Microsoft Australia will make the jump to Telstra's $15 billion infrastructure business InfraCo, the latest step in the telco's path to becoming an "AI-fuelled company".
Construction PRO
Enviro court OKs three fast food outlets in heritage listed suburb
The NSW Land and Environment Court has granted approval for the development of three fast food outlets on a block off the Central Coast Highway in the heritage listed suburb of Kariong, despite objections from locals. 
$59M settlement reached in rate-rigging class action against banks
A $59 million settlement has been reached in a long-running class action accusing five major banks of foreign exchange rate-rigging.
Construction PRO
NSW green lights 10 projects to connect to renewable energy zone
NSW has approved 10 renewable energy projects to connect to the state's first renewable energy zone.
BBC exec who alleged she was investigated for ‘top-down’ decision making drops suit
A BBC Studios Australia executive who alleged she was the victim of adverse action and discrimination after she exercised her workplace rights has dropped her suit against her employer.