Construction

NVIDIA-backed start-up Firmus has raised $500 million to drive the next stage of its $6 billion nationwide green AI infrastructure project, Project Southgate.

A judge has refused to make a personal costs order against the former lawyers for a Canberra developer who sued two owners corporations for trespass and was lumped with costs after the trial was adjourned.

Australia's five-year major infrastructure pipeline has skyrocketed to $242 billion, according to a report from the government's infrastructure advisor which warns shortages in labour and low construction productivity could put projects at risk. 

The director of collapsed Shangri-La Construction is personally liable for the $3.2 million in costs of rectification work on external cladding at an apartment complex in southeast Melbourne, a judge has found.

Mirvac is selling the site of the Toombul Shopping Centre in Queensland, which was demolished following the 2022 floods, to local developer Irvine Property Group.

Russia has lost its High Court challenge to the federal government’s decision to terminate its lease on a site where it intended to build a new embassy in Canberra, but the court found the Commonwealth must pay the country reasonable compensation. 

John Holland and the CFMEU have voluntarily nixed agreements requiring the construction company to use certain labour hire businesses on two major projects in NSW, after the ACCC raised competition concerns. 

Octopus Australia has reached financial close on its $900 Blind Creek solar farm and battery project in NSW's Southern Tablelands region, clearing the way for construction to begin.

A judge who previously questioned why Geocon's $4 million construction dispute over two Canberra developments was in the Federal Court has said he will continue to hear the case.

A Sydney developer has won a dispute with the Inner West Council over its Annandale housing project application, despite a court finding it would cause a loss of affordable housing.