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Construction PRO
Property Council calls on Treasury to ditch ‘unworkable’ trust tax
The Property Council has called on the federal government to abandon proposed discretionary trust tax changes, arguing the reforms would undermine efforts to meet Australia's 2029 housing targets.
Construction PRO
Melton shopping centre appeals finding over $30M land purchase
The owner of a proposed shopping centre development in Melton is appealing a Victorian Supreme Court order that it return $1.5 million to a defunct developer that allegedly breached a $30 million land sale contract.
Queen wins removal of blogger Constance Hall’s fashion label mark
Blogger and fashion brand founder Constance Hall has failed in defence of her 'Queen the Label' trade mark in a fight with UK rock band Queen.
Construction PRO
Falcon Capital liquidators settle over $33.5M loan to inexperienced Melbourne developer
Investors in Falcon Capital's First Guardian Master Fund will recover less than 10 per cent of a $33.5 million loan advanced to an inexperienced Melbourne developer, under a settlement reached by the company's liquidators.
Falcon Capital liquidators reach settlement over $33.5M loan
Investors in Falcon Capital's First Guardian Master Fund will recover less than 10 per cent of a $33.5 million loan advanced to an inexperienced Melbourne developer, under a settlement reached by the company's liquidators.
Construction PRO
CS Energy offloads wind farm stake to Aula Energy
Queensland government-owned CS Energy has agreed to sell its 50 per cent stake in the Boulder Creek wind farm in central Queensland to Aula Energy.
Construction PRO
Asset Energy appeals loss over PEP11 gas exploration permit
Asset Energy is appealing a decision which rejected its challenge to the Offshore Petroleum Joint Authority'a decision not to extend the permit for its PEP11 gas exploration project off the Hunter coast in NSW.
Victorian businesses come out swinging against proposed WFH law
Victorian businesses are seeing red over the state government's proposed law to allow employees to work from home two days a week and make employers cover the reasonable costs of the arrangement.
Mine & Rail creditor Tacora wins pause of DOCA
A judge has frozen a DOCA for failed mining company Mine & Rail's Australian business, the latest chapter in a dispute with US investor Tacora Capital, which has sued in the US alleging the company concealed its deteriorating financial position while securing more than US$30 million in funding.
No-show Westconnex class action funder raises judge’s ire
A hearing to replace the applicants in a class action over Sydney's $16 billion WestConnex project has been postponed a fourth time by an exasperated judge, who on Monday called out the absent litigation funder for being "grossly uncourteous".