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Construction PRO
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.
Construction PRO
Fletcher Building has confirmed it has received inquiries from prospective buyers of its businesses, including its construction division.
Construction PRO
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.
The Fair Work Ombudsman will seek default judgment against former CFMEU secretary John Setka, who has failed to engage with the regulator's case alleging he attempted to get the former head of the construction industry regulator fired.
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.
Construction PRO
Multinational real estate services and investment giant CBRE will acquire privately-owned commercial real estate agency Burgess Rawson.
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.
Construction PRO
The South Australian government will inject $650 million to keep the struggling Whyalla Steelworks afloat until a buyer is found.
Construction PRO
The Anglican Church's Brisbane diocese can't block the installation of ethanol tanks at a brewery adjoining the Francis Theological college, with a judge finding no "unacceptable risk” of explosion.
Construction PRO
An appeals court has upheld a finding that a payment claim sent by email is payable by WNA Construction, finding the builder had not established that the email address was not valid or that the claim was "confusing".