Industries

Building materials giant CSR has hit back at a misuse of market power case brought by building insulation distributor Consolidated Energy over COVID-19 price increases, blaming the higher prices on forces beyond its control.  

The real estate division of investment bank Macquarie has made its foray into the land lease industry, with a plan to deliver thousands of homes on Australia's east coast through a new platform.

Infrastructure giant Acciona has been given the nod as the construction partner for the Eyre Peninsula desalination plant in South Australia's Port Lincoln, as states ramp up investment in climate-independent water.

Private hospitality group Oscars has paid $30 million for a Lendlease commercial and retail development in the harbour precinct of Barangaroo.

Climate investment firm Wollemi Capital has closed the acquisition of MPower, a transaction that will pave the way for a $100 million pipeline of renewable energy projects.

Retirement village operator Lifestyle Communities has sold a parcel of land at its Ocean Grove site in Victoria for $46.2 million. 

CBA-backed venture capital firm Wollemi has reached an agreement to resolve a trade mark dispute with the family office of Tesla chairwoman Robyn Denholm.

Nuix has lodged an appeal of a ruling finding it owes $20 million before its insurers will cover its legal bills for lawsuits over its $1.8 billion float.

A court has appointed receivers to two entities of collapsed asset manager Australian Fiduciaries amid concerns by the corporate regulator that $167 million in funds have been misused, including to buy $600,000 in luxury cars.

Lander & Rogers has welcomed an administrative law pro as a partner in its Sydney-based commercial disputes team.