Construction

UK construction company Murphy is continuing its expansion with a 40 per cent stake in Sydney-based building company Abergeldie Complex Infrastructure.

Developer VSD Investments has failed in its novel argument for keeping Builtcom from the proceeds of a successful $8.5 million payment claim for work on a Sydney project.

The former CEO of School Infrastructure NSW directed a $20 million contract to friends -- a former PwC partner and the head of a consulting firm -- without disclosing any conflicts, according to an ICAC inquiry.

A stay of a $37 million 2023 judgment in favour of the company behind an abandoned $185 million development in Gosford NSW against the Australian arm of China's Shanxi Construction Investment Group has been extended.

Lender WholeCap has lost its bid for a “break fee” and $430,000 in legal costs billed by King & Wood Mallesons associated with a term sheet for a proposed $66.1 million loan to a Harbour Land entity.

A contractor working on upgrades at the Metropolitan Remand Centre in Victoria has filed proceedings against the Victorian Correction Infrastructure Partnership, arguing a dispute resolution clause in their contract runs afoul of the SOP Act.

King & Wood Mallesons has advised Transgrid on a project to connect the country's first renewable energy zone to NSW's energy grid.

A court has clarified that BaptistCare Community Housing can use a social housing property in Five Dock to secure a loan from Housing Australia for improvements at the site. 

Australian mining company Gold Road Resources has agreed to a $3.7 billion takeover by South African mining company Gold Fields.

A local group is preparing a legal challenge to the Queensland government's plan to speed development of a new $3.8 billion stadium in Victoria Park for the 2032 Olympics.