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Construction PRO
Law firm pans ‘alarming’ expansion of foreign resident CGT regime
The federal government has proposed a significant expansion of the foreign resident capital gains tax regime that will prohibit foreign investors from cashing out tax free on large-scale infrastructure projects on Australian land, with one major firm calling the proposed changes "unwelcome" and "alarming".
Construction PRO
Corrs advises on $424M ‘streaming’ deal to fund Jervois copper project
A unit of Wheaton Previous Metals has entered into an innovative $424 million (US$300 million) agreement that will help fund the construction of KGL Resources' Jervois copper project in the Northern Territory. 
Construction PRO
Funder looks to press on with WestConnex class action against TfNSW
The funder that's backing a class action over land compulsorily acquired for Sydney's WestConnex road project has filed an application to substitute the lead applicants, amid an ongoing fight about whether the case should be discontinued. 
Former Big Un CEO pleads guilty in insider trading case
The former chief executive officer of Big Un has pleaded guilty to communicating inside information to a shareholder of the defunct video producer.
Canva settles lawsuit by sacked software engineer
Design tech giant Canva has settled Fair Work proceedings brought by a former software engineer over his sacking. 
Law firms to face balancing act with AML/CTF obligations
Law firms will soon face costly new compliance obligations under the anti-money laundering counter-terrorism finance regime that will need to be finely balanced with their core professional and ethical duties, experts say.
High Court won’t hear Bruce Lehrmann’s defamation appeal
The High Court has rejected former political staffer Bruce Lehrmann's special leave application seeking to appeal civil findings that he raped colleague Brittany Higgins.
Defence firm EOS to pay $4M for continuous disclosure breaches
A judge has hit Electro Optic Systems with a $4 million penalty after the defence firm admitted to continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts.
Construction PRO
High Court to weigh rights of long use in spat between prominent Sorrento neighbours
The High Court has agreed to review a ruling that upheld an easement of prescription -- or right of long use -- in a fight between a member of the prominent Valmorbida family and an entity linked to the founder of collapsed construction group Steller over access to a Sorrento property.
Construction PRO
High Court won’t hear cases over Pentridge Village development
The High Court has declined two special leave applications in lawsuits over the failed Pentridge Village development in Melbourne.