A historic deal has been reached which ends a two and a half year standoff between Australia’s largest construction union and the nation’s biggest building materials supplier, although there appears to be confusion surrounding the final amount to be paid and the parties disagree over who came out on top in the final outcome.

In its latest announcement, construction materials manufacturing giant Boral said it had reached a legally binding agreement with the Construction and General Division of the Victorian CFMEU with respect of court proceedings under which the union is alleged to have pressured building contractors working on projects in Melbourne’s booming apartment…