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Construction PRO
An ex gratia payment under Queensland's tax laws is just what it means — one made by the state revenue office as a favour and not a legal obligation, a court has found in a loss for UK developer Avon.
Construction PRO
Receivers for Jon Adgemis' Public Hospitality Group are planning to put the South Bondi Hotel on the market by the end of the year.
KMPG partner John Lindholm has escaped a potential probe into his decision to endorse a settlement in the scandal-ridden Banksia Securities class action as the receiver for the collapsed lender.
Construction PRO
Australia's largest super fund has launched a new real estate asset platform in the UK, aiming to be one of the country's top rental home operators in the next five years.
Having lost a challenge to privatisation agreements by NSW Ports, the competition regulator wants to intervene in a High Court appeal by Mayfield Developments, which failed in its own case against the port authority.
Construction PRO
Infrastructure giant Acciona must fight a $224M lost-revenue case by contractor Veolia Australia over the Kwinana waste-to-energy plant on Veolia's home turf.
Construction PRO
Developer York Property is on the hook for an extra $4.7 million payment to the head construction contractor on the Midwater luxury residential high rise on the Gold Coast.
Construction PRO
The Queensland government has plans to revamp one of Brisbane’s last riverfront industrial sites into a vibrant mixed-use precinct, with promenades, entertainment spaces and 4,000 homes.
Construction PRO
The receiver for Brazilian mining company Atlantic Nickel has prevailed in a second attempt to stay a case by Mining Services International, which brought a $1 billion claim over a terminated sale of a mine in Santa Rica.
The High Court has been asked to clarify the extent to which computer-implemented ideas are eligible for patent protection, with IP Australia appealing a win for gaming giant Aristocrat.