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Construction PRO
Gateway Capital scoops up Sydney warehouse from Blackstone for $800M industrial portfolio
Gateway Capital has acquired a warehouse in Sydney's Eastern Creek from private equity firm Blackstone for $75 million as part its plan to build a $800 million industrial and logistics portfolio.
Construction PRO
NSW Port Authority can shield cabinet docs in $300M suit over Glebe Island deal
The Port Authority of NSW has won its claim for public interest immunity over six cabinet documents in a suit by a defunct sand importer over a lease agreement for a mulit-user facility at Glebe Island, with a judge finding they had little forensic value.
Construction PRO
Court throws out expert evidence in Whyalla Ports dispute with OneSteel
GFG unit Whyalla Ports has won its bid to rub out some expert evidence put forward by OneSteel about the costs of dismantling and removing assets from the site in their dispute over control of the assets at the South Australian port.
HESTA super fund says ATO overtaxed it by $11M
HESTA Super has complained that the tax office has unfairly stripped it of $11 million in franking credits, denying it did not hold the credits 'at risk' for the required 45-day period. 
eToro can rely on late evidence in novel ASIC case over CFDs
Online investment platform eToro has won its bid to rely on late expert evidence in ASIC's first-ever action alleging breach of obligations in designing and selling financial products over high-risk contracts for difference.
Murray Darling authority slams class action’s ‘incoherent’ duty of care claim
The public body in charge of managing the Murray Darling’s water resources has slammed as "incoherent" a class action's claims that it owes a duty of care to protect farmers and irrigators against economic loss.
Beacon Minerals geological consultant sentenced in insider trading case
A geological consultant has been sentenced to a suspended 12 months’ prison after pleading guilty to insider trading using information obtained through his work with Beacon Minerals. 
ACCC flags concerns over Kegstar’s acquisition of only competitor
The competition watchdog has raised concerns over the proposed tie-up of Kegstar and Konvoy -- the only operators in the niche industry of keg pooling -- saying the deal could mean higher prices.
Super giant Mercer sued by ASIC for ‘longstanding and systemic’ failures
Mercer Super faces enforcement action by ASIC, alleging the superannuation giant failed to inform the watchdog about investigations into serious issues, including a failure to refund premiums to dead members.
PepsiCo wins High Court fight with ATO over royalty withholding tax
In a major loss for the Australian Taxation Office, a High Court majority has found an agreement between US soft drink giant PepsiCo and Schweppes Australia to sell brands such as Pepsi and Mountain Dew in Australia was not subject to a royalty withholding tax.