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REST refuses damages undertaking, loses APAC sale injunction bid
REST Nominees has lost an injunction bid barring the sale of the Dexus bloc of shares in Melbourne Airport's operator pending an appeal, after refusing to give an undertaking that it foot the entire damages bill if its challenge fails.
Construction PRO
Judge shoots down multiple expert reports in $359M West Gate Tunnel suit
A judge has said she does not want multiple expert reports in a $359 million lawsuit by builder CPB Contractors and John Holland against engineer Aurecon alleging defects in Melbourne's West Gate Tunnel.
Construction PRO
Transgrid moves forward with priority grid stabilisation project
Transgrid has commenced work on a grid stabalisation project that was fast-tracked by the NSW government as a priority network infrastructure project that's critical for the clean energy transition.
Construction PRO
Liberty smelter to close after sale to consortium falls through
The Liberty Bell Bay smelter in Tasmania will be shuttered after the consortium proposing to acquire the struggling manganese alloy producer withdrew its interest.
Construction PRO
APAC says default notice valid at least against Dexus selling shareholders
Airport operator APAC says a default notice sent to Dexus over confidentiality breaches is at least valid against shareholders that initiated a botched sales process, hedging its bets in an appeal of a ruling that forces a sale of the asset manager's entire stake.
Construction PRO
Sydney Water claims advice docs privileged in row over $347M land grab
Utility Sydney Water has claimed privilege over hundreds of documents said to reveal advice about its obligations when compulsorily acquiring land, in a dispute with a property owner over 21 hectares of land in Rosehill.
Construction PRO
New AI office to streamline approvals for data centre investment
The Albanese government will announce plans Wednesday for a new office that will put an end to fragmented decision-making on AI, including over data centre approvals.
Construction PRO
AECOM, Bureau Veritas tapped to certify Queensland’s $5.5B Olympic rail project
A US-based infrastructure company and a laboratory testing and certification group have been selected to independently certify one of Queensland's biggest transportation projects ahead of the 2032 Olympic and Paralympic Games.
Construction PRO
Qube sues Martinus Rail to enforce $26M arbitration award
Qube and Martinus Rail are locked in another courtroom fight over Sydney's $4 billion Moorebank Intermodal Terminal, with Qube firing off a lawsuit to enforce a $26 million arbitration award.
Construction PRO
Tesla says NSW EV charge may be invalid after High Court ruling
Car makers Tesla and Hyundai have argued NSW's law imposing a road-user charge on electric vehicles may be invalid following a High Court decision which struck down Victoria's EV tax as an invalid excise, while urging the state government not to introduce any new road charges.