Multiplex sues NSW government for $250M over Sydney Fish Market delays and cost overruns, now delayed to late 2025.

Construction firm Multiplex is suing the NSW government for $250 million over cost overruns on the new Sydney Fish Market, now projected to cost up to $1.08 billion and delay opening to late 2025. The lawsuit stems from delays caused by COVID-19, a crane collapse, weather, and ongoing design changes, which increased costs and strained subcontractors, including one that entered voluntary administration. Infrastructure NSW counterclaimed, blaming the market operator for delays. Despite a $972,130 profit in 2024–25, financial uncertainty looms, raising concerns about its ability to continue. Executive pay rose 19%, and rent payments will begin upon practical completion, expected before year-end.