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Court dismisses ‘exaggerated’ height concerns on 5Point’s Gold Coast development
Construction 2025-06-12 11:40 pm By Andy Sidler

A judge has confirmed that 5Point, the developer of a beach-front apartment complex in Palm Beach, can add an additional two storeys to the tower, finding that the region is becoming a medium density area which can visually accommodate high rise buildings.  Luxury developer 5Point was approved in October 2023 to begin construction on the…

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Construction PRO
Ashurst nabs Baker McKenzie partner for projects & energy transition team 
People In The News 2025-06-12 11:17 pm By Julia Kanapathippillai

Ashurst has lured a Baker McKenzie partner to join its projects and energy transition practice in Melbourne. Aylin Cunsolo joins the firm after 17 years at Baker McKenzie, including five years as a partner. Cunsolo — who has expertise in revenue contracts, retail supply contracts and connection, retail arrangements, corporate PPAs and energy regulation —…

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Applicant’s claim flops in postgrads class action against University of Sydney
Class Actions 2025-06-10 11:47 pm By Cindy Cameronne

A judge has dismissed a class action applicant’s claim that he was underpaid as a University of Sydney postgraduate student, but left for another day the question of whether the court should also make orders binding group members. 

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Construction PRO
MinterEllison advises Johns Lyng on Pacific Equity Partners’ buyout offer
M&A 2025-06-11 11:04 pm By Christine Caulfield

Johns Lyng Group confirmed Wednesday it had received a takeover offer from Pacific Equity Partners for an undisclosed sum and has granted the private equity firm an exclusivity period to undergo due diligence.

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Construction PRO
High Court sides with Valuer-General over St Kilda Rd heritage property
Real Estate 2025-06-11 11:32 pm By Cat Fredenburgh

The Valuer-General of Victoria has won a High Court appeal against developer WSTI Properties over a $2.9 million valuation for a heritage property in Melbourne, which centred on the meaning of an “improvement” to the land. 

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Construction PRO
Suitors pursue Fletcher Building’s construction business
Construction 2025-06-11 11:32 pm By Cat Fredenburgh

Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.

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Construction PRO
EVT puts Sydney CBD entertainment complex up for sale
Real Estate 2025-06-11 11:58 pm By Cat Fredenburgh

Entertainment giant EVT has put its landmark Sydney CBD Event Cinemas complex on the market.

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Lendlease, Greenwoods settle case by ex-tax partner
Employment 2025-06-10 10:57 am By Christine Caulfield

Lendlease and tax advisory firm Greenwoods & Herbert Smith Freehills have reached a settlement in a case by solicitor and accountant Anthony Watson, which accused the builder of taking an “aggressive” position on its taxes.

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Former CEO of BBY charged over $192M Aquila Resources acquisition
ASIC 2025-06-10 11:58 pm By Cindy Cameronne

The boss of defunct stockbroking firm BBY has been hit with criminal charges over the acquisition of $192 million shares in mining company Aquila Resources. 

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ASIC’s appeal in case against Auto & General rejected as ‘inherently contradictory’
Insurance 2025-06-06 11:50 pm By Julia Kanapathippillai

An appeals court has dismissed the corporate regulator’s “logically inconsistent” appeal against a landmark decision that found insurer Auto & General did not include an unfair term in its contracts.

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