Industries

A judge has stayed engineering firm Clough’s $54 million cross-claim against its former joint venture partner on the EnergyConnect transmission project, Elecnor, saying the claim must be sent to arbitration.

Turning back to counsel on rising from the bench after an urgent hearing in a dispute between Dexus and the operator of Melbourne airport, Justice James Stevenson told them what his impending retirement would mean.

The date has been set for a court battle over Dexus' sale of shares in Asia Pacific Airport Corporation, a fight the operator of Melbourne and Launceston airports says needs 10 hearing days.

Brookfield has shed 23.2 per cent of the stapled securities in major coal exporter Dalrymple Bay Infrastructure, but remains the major shareholder, retaining a 26.25 per cent interest in the venture. 

Private credit supporting Australian real estate could grow by 80 per cent over the next five years, largely fueled by increased residential development lending, according to forecasting by CBRE.

The High Court has agreed to review a ruling that found India was immune from a suit seeking to enforce a $111.3 million arbitral award because it did not involve a 'commercial' matter.

Griffith University has signed an enforceable undertaking to backpay $8.34 million in wages, interest and superannuation to 5,457 staff who were underpaid over a nine-year period.

Caravan giant Jayco faces enforcement action for allegedly making misleading claims about the off-road capabilities of its vehicles.