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Construction PRO
AVID Property to swallow AVJennings in $365M buyout
Property group AVJennings has accepted a trimmed $365 million takeover offer from private equity-backed AVID Property after failing to receive a binding offer from Singaporean developer Ho Bee Land.
Construction PRO
Repped by KWM, Daibiru picks up Sydney office tower from Investa
Japanese property group Daibiru Corporation has made its second investment in Sydney, acquiring a CBD office tower from real estate investment manager Investa.
Construction PRO
Council can intervene in dispute over $30M Hills of Gold wind farm
Tamworth Regional Council has won its bid to be joined to an environmental group's appeal of the approval for the controversial Hills of Gold wind farm.
Federal judge may be called as witness as Ben Roberts-Smith seeks retrial
A Federal Court judge might be called as a witness in accused war criminal Ben Roberts-Smith's bid for a retrial in his failed defamation case against Nine.
Sacked Cushman & Wakefield managing director sues to keep sign-on bonus
A former Cushman & Wakefield managing director has sued the commercial real estate broker, alleging he was unfairly terminated to prevent him from keeping a $1.5 million sign-on bonus.
Court tosses Clive Palmer’s suits against ex-ASIC chair James Shipton
A judge has thrown out Clive Palmer's lawsuits against former Australian Securities and Investments Commission chair James Shipton after finding the claims had no reasonable prospects of success.
ASIC, Reserve Bank have ‘deep concerns’ about ASX after CHESS outage
ASX's management of operational risk that led to December's CHESS settlement outage has the corporate regulator and the Reserve Bank "increasingly concerned" and "deeply disappointed".
Albanese government to ban supermarket price-gouging
The Albanese government has vowed to ban price-gouging by supermarkets if reelected, despite the Australian Competition and Consumer Commission's supermarkets inquiry finding no evidence of excessive pricing.
Hyundai, Kia class actions could expand ‘dramatically’, court hears
Class actions against Hyundai and Kia over alleged defective anti-lock braking systems could expand "dramatically”, a court has heard, as a contest over competing cases ticks over into a second year.