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Construction PRO
KKR makes $603M investment in HMC renewables project
Investment firm KKR is teaming up with asset manager HMC Capital, investing up to $603 million in a project devoted to wind and battery assets. 
Construction PRO
Developer can’t halt ACT retirement village review pending appeal
A developer with plans for a retirement village on part of the Federal Golf Course has lost a bid for an interim stay of a tribunal proceeding by a community group opposed to the project.
Construction PRO
Sydney townhouse project a case of ‘overdevelopment’, court says
A court has rejected a developer’s plans for a Sydney housing development, finding its cramped townhouses would provide little amenity to future residents and encroach upon an endangered environment site.
Construction PRO
Mitsubishi Estate Asia to sell 49.9% stake in Stockland partnership
Real estate investor Mitsubishi Estate Asia is divesting its 49.9 per cent interest in the Stockland Residential Rental Partnership amid what its broker says is "surging" interest in the land lease communities sector in Australia.
Strongroom AI director claims self-incrimination privilege in EVP case
A director of med tech start-up Strongroom AI is claiming privilege against self-incrimination in a case by venture capital firm EVP seeking to recoup its $10.4 million investment.
AMCI founder loses appeal over sacking of Australian boss
An appeals court has thrown out mining billionaire and AMCI co-founder Hans Mende's challenge to a ruling that found his decision to sack the group's Australian managing director was invalid.
St Vincent’s Hospital hit with underpayments class action
One of the firms that secured a record $230 million settlement in a class action on behalf of NSW doctors is still on the case, firing off a class action against Sydney's St Vincent's Hospital for allegedly underpaying junior doctors.
Bunnings wins appeal in privacy case over facial recognition tech
Bunnings has largely won its appeal of a finding that use of facial recognition technology in its stores breached privacy laws, with a tribunal saying an exemption applied to the hardware chain to combat retail crime.
ASIC fights IAG’s privilege claim in loyalty discounts suit
The corporate regulator is challenging insurer IAG's claims of legal professional privilege over a technical report in proceedings over allegedly misleading loyalty discounts.
Ex-Queensland senator DQ’d by ASIC over $44M failure of gold companies
Former Queensland senator Claire Moore has been banned from managing corporations for four years over her role as a director of two gold exploration companies that collapsed after raising $44 million from investors.