Industries

Apartment owners in Sydney's Alcove St Ives development have won extra time for evidence ahead of an expert huddle in a $123 million defects suit against a unit of builder Meriton.

GPT Group will put down $850 million for a 50 per cent interest in the Grosvenor Place office tower in Sydney's CBD, amid an improved outlook for the country's official fundamentals.

Electricity company Tilt Renewables has won government approval for a 40 MW wind farm in Western Australia's Wheatbelt.

Mastercard can pursue an appeal of a ruling for the competition regulator requiring the credit card giant to hand over communications about its agreements with retailers, which are at the centre of a misuse of market power case.

The ACCC will oppose US keg services business Kegstar's plans to acquire the assets of Konvoy Holdings, saying it would substantially lessen competition for keg pooling services.

Jewellery retailer Lovisa has struck back at an underpayments class action, saying it does not have the burden of disproving the underpayments claims because the applicants have not proven each alleged unpaid overtime hour was actually worked.

Iplex Pipelines has argued builder BGC should hand over documents relating to its estimate that it will cost $123 million to fix homes it claims were fitted with faulty pipes manufactured by the Fletcher Building unit.

A GIO insurance policy held by labour hire company Workpac extended to indemnify a Rio Tinto mine operator for damages resulting from an injury to a worker, an appeals court has found.

The administrators of struggling regional airline Rex have entered into a sale agreement with NASDAQ-listed aviation holding company Air T, with the federal government stepping in to facilitate the sale.

Mills Oakley has lured three new partners to join its commercial disputes and insurance teams from DLA Piper, HopgoodGanim and Holding Redlich.