Construction

A court has upheld a decision by Insurance and Care NSW to bar builder Introbuild Constructions from obtaining residential building insurance which shut it out of any projects valued over $20,000.

An appeals court has confirmed a finding that despite contractual arrangements mandating service by 5pm, a $3.2 million payment claim emailed to Roberts Co after hours on a Friday was validly served.

An Aboriginal corporation joined to Regis Resources’ fight against a decision related to its McPhillamys gold mine wants a costs capping order, concerned the mining company could otherwise “police" its conduct in the case.

Property giant Dexus has acquired a 25 per cent stake in Australia’s second-largest regional shopping centre from Scentre for $683 million.

UK Infrastructure consultancy business Amey is returning to Australian shores after acquiring local consultancy Premise.

Northern Star’s $1.3 billion Hemi gold project in the Pilbara is facing a challenge to the Western Australian Environmental Protection Authority’s decision to green light the project.

Malaysian property developer SP Setia is strengthening its presence in inner-city Melbourne, acquiring the largest development site in Carlton for $114 million.

Irish renewable energy developer DP Energy has announced plans to develop a 1,400 WM wind farm in McKinlay Shire, Queensland, citing the project site's "optimal wind speeds" and distance from dwellings.

Real estate returns are rebounding across all sectors, with the office sector entering a recovery cycle, led by the Sydney CBD, according to a new report from Dexus. 

Fletcher Building says it has begun exploring divestment options for its construction divisions following a restructure, after confirming inquiries from prospective buyers last month.