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Sydney sinking homes class action settles for $18M
A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has settled for $18 million, with a judge hearing numerous group members will not receive a payout.
Nuix CFO’s ‘terrible start’ email a sales motivation tactic, court told
An email from Nuix's former CFO that referred to financial results as “worse than terrible” was an attempt to push the sales team to meet targets, a trial court has heard in a class action alleging misleading market disclosures ahead of the software firm's $1.8 billion IPO. 
Arrium, KPMG class action pleading snag causes trial reshuffle
A mid-trial amendment bid by shareholders in a class action over Arrium's collapse will delay cross-examination of the company's CEO and former directors, who told a judge Wednesday they should not be required to enter the witness box until the issue is resolved.
Construction PRO
Federal, NSW governments in $2.5B bailout of Tomago Aluminium smelter
The federal and NSW governments have committed $2.5 billion to save Rio Tinto's Tomago Aluminium smelter in the Hunter region. 
Construction PRO
Court rejects forgery claim, orders arbitration in Melbourne development row
A judge has sent a dispute between two companies over a residential development in Melbourne’s outer west to arbitration, finding that a signature binding the developer to the process was not forged. 
Construction PRO
Western Sydney, eastern suburbs at centre of 20-year Sydney blueprint
Western Sydney will become a growth engine over the next two decades, while the greatest share of new housing will be developed in the eastern suburbs, according to a 20-year blueprint released by the NSW government.
Shipping tycoon’s daughter can’t withdraw silk’s concessions in $500M estate claim
An appeals court has held that former INXS manager Maria-Christina Copinger-Symes, whose father was part of a wealthy shipping dynasty, cannot withdraw concessions made by her senior counsel in her claim over her father’s estate. 
Arrium, KPMG class action stuck with $2.8B impairment claim: judge
A class action over the collapse of Arrium is bound to its pleading that the asset value of all the steelmaker's business units was impaired by a total of $2.8 billion, a judge has ruled in the second week of trial.
Construction PRO
High Court asked to weigh in on ‘draconian’ SOPA regime
The developer behind the rebranding of the Seasons of Perth hotel wants the High Court to weigh in on Western Australia's security of payment laws, in a case it says goes to the heart of the biggest issue confronting Australia's administrative law.
Construction PRO
Camden, developer reach settlement in sinking homes class action
A class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has settled for $18 million, with a judge hearing numerous group members will not receive a payout.