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Construction PRO
Projects by AGL and Tilt Renewables are among 20 clean energy developments to win underwriting agreements by the Albanese government in the latest tender under the capacity investment scheme.
Construction PRO
The liquidator for collapsed property developer Monarch Tower has lost its appeal seeking an extension of time to bring voidable transaction claims said to be worth $27 million against 13 individuals and companies.
Construction PRO
The High Court has rejected a special leave application by the owners of land acquired to build a Melbourne freeway that sought to overturn an "erroneous" appeals court decision which left them with $2 million for land worth over $30 million.
Construction PRO
The NSW’s Land and Environment Court has approved plans to amend an approved $4.5 million development application to tear down a $16.3 million Mosman property to make way for a new home and pool.
Construction PRO
ACE Power and Osaka Gas have won fast-track approval for a 141-megawatt solar farm and battery energy storage system in NSW, with the government signing off on the project in just 19 days.
Thompson Geer has nabbed a partner and a special counsel from Baker McKenzie to grow its Melbourne-based banking and finance team.
Commonwealth Bank's New Zealand unit, ASB Bank, has agreed to pay $119.35 million to settle a class action alleging it failed to repay fees and interest wrongly charged to 150,000 customers who took out home or personal loans.
A recent review by ASIC found 15 auditors of different sizes failed to demonstrate compliance with independence and conflict of interest obligations.
Construction PRO
Property group Catalyst has won $31.7 million from a trustee corporation of the Presbyterian Church of Queensland over a suite of scuppered transactions for land and aged care homes.
Construction PRO
Engineering firm WSP may seek to permanently stay a new suit by Canberra builder Morris Construction that claims it should be on the hook for engineering and design failures by a subsidiary, the latest fight between the parties over a troubled Kingston development.