Region

A group of Bathla lenders has agreed to provide a short-term lifeline for the embattled residential developer to progress some projects, while other projects will be suspended and 213 employees stood down as of Monday.

Richard Crookes Constructions has failed to permanently stay SafeWork NSW proceedings filed after a section of a formwork deck collapsed at a Sydney worksite for a student accommodation in 2023.

A group of owners at The Towers in Elizabeth Quay has sued Hong Kong-based developer Far East Consortium over alleged defects in the building. 

A former project manager who enlisted two associates to buy 11 million shares in Beacon Minerals before the market knew it had struck gold has been sentenced to one year in prison following a guilty plea. 

A settlement has been struck in a negligence class action against cosmetic surgeon Daniel Lanzer and his clinic over alleged botched surgeries.

Bathla's administrators have yet to reach a deal with the embattled developer's lenders on short-term funding, but money has been found to make partial payments to employees.

Amazon has signed its first standalone battery storage tolling agreement globally, which will support the development of Anza Power's 50 MW/200 MWh battery in Victoria.

Developer Skycorp has lost its bid to appeal a decision in a dispute with the ATO over $4.6 million in deductions claimed for its building in Western Australia's Hillarys Boat Harbour.

A unit of ASX-listed mining company Equatorial Resources has lost a bid to block its former solicitors Clifford Chance from arbitrating a $5 million costs dispute.

The University of Queensland has signed an agreement with the Fair Work Ombudsman after it underpaid 16,000 staff a total of $11 million, the latest university in the spotlight for shortchanging employees.