Yesterday
Inside the race for Sydney’s second film studio
With Disney Studios often closed off to everybody but the owner, the NSW Government has pledged $100m and kicked off a battle to become Sydney’s second screen mecca.
This Month
WA treasurer to shake up big-spending agenda
Poles, wires and pipes “aren’t necessarily sexy”, says Rita Saffioti, but Thursday’s budget will pour billions into economic infrastructure to support industry.
Brookfield starts $428m sell-down of Dalrymple Bay Infrastructure
Street Talk understands shares in the coal export port were priced at $3.72 – a 7.9 per cent discount to last closing price. Barrenjoey is underwriter.
Allan’s SRL funding plan contradicts housing promise: property industry
The industry says it is not financially viable to build new apartments along Victoria’s controversial Suburban Rail Loop.
Runaway energy build-out costs threaten data centre opportunity
Australia’s hopes of an outsized share of the data centre market will come to nothing unless it can rein in the cost of the clean energy expansion.
‘Like Sydney without an Opera House’: Why people whinge about stadiums
People love to complain about new stadiums. The cost, the noise, the politics. Until kick-off, when all is forgiven.
Kevin Gallagher avoids insider trading trial with settlement
Santos boss Kevin Gallagher will no longer be required to testify in the insider trading lawsuit brought by the liquidators of collapsed contractor Forge Group.
Forget a government data centre strategy, just slash red tape: AirTrunk
Carly Wishart, an executive at the digital infrastructure giant, warns that there are many countries in the region jockeying to attract data centres.
What’s holding us back from a better housing, transport and clean energy future
Australia doesn’t lack ideas for solving problems in housing, transport and clean energy, we lack institutions that can follow through and create change.
Infrastructure investor UTA draws in private wealth clients
A $200 million slice of Utilities Trust of Australia has given mum and dad investors exposure to some of the country’s most prized infrastructure assets.
Pemba-backed water advisory biz Sequana makes waves with two bolt-ons
Sequana has snapped up brownfield water and wastewater specialist Atlas Engineering Group and Brisbane-based engineering and construction delivery firm IPS.
May
With data centres, Greg Goodman believes the harder the better
The Goodman Group CEO’s masterclass in capital flows and capital markets rolls on. He says the harder it is to build a data centre, the more valuable it is.
Toll, super funds join suitors for Chinese-owned Darwin Port
The logistics powerhouse would add an Australian flavour to a bid by an American private equity fund for the controversial asset.
Green energy giant Copenhagen Infra shops 240MW South Australian battery
Summerfield’s drawcard is expected to be its offtake agreement with the $18 billion Origin Energy.
Chinese envoy slams ‘ethically questionable’ takeover of Darwin Port
Beijing’s ambassador to Australia Xiao Qian says Chinese port owner Landbridge shouldn’t be punished by having its lease ended on security grounds.
Dexus’ big infrastructure push up in the air as trust breaks
In one swoop, the property-cum-infrastructure manager has sparked a war with two Australian sovereign wealth funds and industry super.
Core-plus infrastructure owner Infragreen launches IPO for $220m listing
Infragreen CEO Declan Sherman and chief financial officer Martin McIver are due to present to fund managers after Thursday’s market close.
Transgrid deal shows why Future Fund’s chequebook is better than most
The sovereign wealth fund in stepping in where Australia’s big superannuation funds have stepped out.
Carlyle launches new renewable energy platform
Of note, Carlye was previously a convertible preferred investor in Amp’s projects and moved to 100 per cent ownership via a recapitalisation as opposed to acquisition.
Melbourne Airport stoush overshadows Dexus’ big IPO plans
The listing comes as the company prepares to answer some challenging questions around its valuation of the airport.