Construction

Owners and head contractors could be caught out for unexpected payments and lose rights they thought they had, as far-reaching changes to Victoria’s security of payment regime take effect today, a construction expert told Lawyerly. 

Challenging an adjudication decision for Watpac in a dispute over a $450 million residential complex in Macquarie Park, developer Romeciti says the adjudicator had no jurisdiction to permit the builder to access $9.19 million in bank guarantees.

Victoria's Building and Plumbing Commission has suspended a prominent building surveyor over a series of alleged failures in relation to a Carnegie renovation.

MinterEllison's market-leading construction team is readying for a jump in claims stemming from reforms to Victoria's Security of Payment Act and navigating 'crisis contracting' for clients amid ongoing conflict in the Middle East -- and with a new partner soon to join its ranks, the firm is ready for the challenges.

Queensland developer York Property has lost its appeal of a ruling that held an adjudicator erred in finding $4.7 million in costs over alleged façade defects should be deducted from amounts owed in a payments spat with a builder Tomkins. 

A deed of company arrangement for three companies associated with developer Descon-Adcon has fallen apart after former boss Danny Isaac failed to make a $5 million contribution required under the rescue plan. 

A tribunal has declined to approve a planned Veolia waste consolidation facility 220 metres from a residential area, after receiving hundreds of objections that expressed concerns about odour.

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. 

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. 

Developer Mulpha is considering launching cross-claims against contractors in a class action on behalf of owners and investors of homes in a 683-lot development in Glenmore Park, NSW.