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Construction PRO
Retirement village’s fee hike a case of ‘double dipping’, says tribunal
A residential land lease community in NSW's Central Coast must repay residents for a fee hike after a tribunal ruled the contractual term providing for the increase involved “double dipping” to account for inflation.
Construction PRO
Public Hospitality venues in receivership ahead of Adgemis bankruptcy hearing
Deutsche Bank has appointed receivers to five pubs owned by Public Hospitality Group ahead of a bankruptcy hearing against the group’s owner and former KPMG partner, Jon Adgemis.
Construction PRO
Aware Super, Goodman team up on $2B logistics project
Superannuation fund Aware Super is teaming up with Goodman Group on a $2 billion platform that owns three logistics properties in Los Angeles.
Construction PRO
ACEN wins government approval for NSW wind farm
Renewables company ACEN has won the Albanese government's approval to build its 900 megawatt Valley of the Winds project in Coolah, NSW.
ASX tried to silence whistleblower, hide failures from RBA, lawsuit says
A former contractor at the ASX has alleged the securities exchange was "embarrassed" by governance failures relating to a $200 million technology modernisation program and sought to hide the issues from the Reserve Bank of Australia. 
Telstra reaches settlement with ACCC in case over Belong speeds
Telstra has reached an agreement with the consumer regulator after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider, Belong.
Clive Palmer’s $300B claim over WA law shot down by international tribunal
Clive Palmer has lost a battle over Western Australian legislation shielding the state from the fallout of a decision barring a proposed Pilbara iron ore project, with a tribunal finding it had no jurisdiction to hear the $300 billion case.
Construction PRO
Hall & Wilcox hits back at Hastie liquidator’s claim over $18M bill
Hall & Wilcox has struck back at proceedings by the liquidators for collapsed construction group Hastie, saying they have failed to specify why its $18.6 million legal bill incurred in suing two dozen builders is unreasonable.
Construction PRO
Hostplus takes swipe at Lendlease amid battle for control of property fund
Hostplus has called out Lendlease for encouraging investors to skip a meeting convened by the super fund heavyweight in its bid to boot the real estate manager from the $2 billion APPF Industrial fund.
Construction PRO
Valuer points finger at CBRE, JLL in suit over Rundle Mall lease valuations
Property valuer M3 Property has denied claims that its lease valuations were incorrect and led to tenants of Adelaide's Rundle Mall being overcharged and says that if it is found liable, brokers CBRE and JLL should be on the hook as well.