Construction

Renewables project Snowy Hydro 2.0 has said it will not be able to complete the ambitious infrastructure project within its $12 billion budget, which was previously increased from $2 billion.

Air conditioning wholesaler Polyaire has been ordered to pay $15.2 million in damages in relation to a 2018 fire at a Seven Hills, NSW, factory complex it leased caused by its placement of wooden pallets in a open yard.

Warning of the propensity for major events procurement to attract cartel conduct, the competition regulator is encouraging the Queensland government to share data on bids for Brisbane Olympics projects.

A Melbourne developer has sued its director, alleging that he unlawfully issued himself shares in an industrial estate development in Epping using a “simulated” signature, a claim which the director denies. 

Swiss greentech company Kanadevia Inova has been hit with another suit by the receivers over a contract for the $500 million East Rockingham waste-to-energy plant in Western Australia.

Superannuation fund Aware Super is teaming up with Goodman Group on a $2 billion platform that owns three logistics properties in Los Angeles.

Renewables company ACEN has won the Albanese government's approval to build its 900 megawatt Valley of the Winds project in Coolah, NSW.

Hall & Wilcox has struck back at proceedings by the liquidators for collapsed construction group Hastie, saying they have failed to specify why its $18.6 million legal bill incurred in suing two dozen builders is unreasonable.

An entity associated with the director of defunct Sydney builder Quasar Constructions has failed to hand over details about its assets to liquidators, prompting further orders with a warning from the court.

An appeals court has binned construction firm Shamrock's second bid to toss waste management firm Cleanaway’s $31 million claim for costs associated with cleanup of an Ipswich dump following a flood.