Category: Economy / Trends
Victorians will need to continue to embrace new ways of living and working in the face of significant technological and environmental disruption, according to Infrastructure Victoria’s draft 30-year strategy released in December...
Lendlease Europe have set themselves the task of becoming a 1.5°C aligned company. To do this, they will need to meet the following targets: Scope 1 and Scope 2 emissions...
SA Structural, a significant manufacturer of structural steel has entered administration. The company supplied to mining, infrastructure, non-residential and commercial builders. One major project expected to be impacted is the...
Wilson Bayly Holmes Ovcon (WBHO) the South-African owned constructor has announced that the proposed sale of its Australian building arm Probuild has been blocked based on national security risks. The...
Western Sydney and Brisbane apartment developer Dyldam is taking on water with reports that the company is struggling with debt as receivers repossess a number of development sites. Problems within...
New grants are open for construction projects that want to reuse waste materials, such as glass or plastic, to help create a circular economy. The NSW Environment Protection Authority (EPA)...
Iconic developer Grocon has announced that it is entering administration. Following weeks of media speculation, the company attributes its decision to a stoush with Infrastructure NSW over its planned development...
British Petroleum (BP) has announced that it will shut its Kwinana refinery after 65 years of operations. At this point, Kwinana is Australia’s largest refinery operation processing up to 150k...
A day after announcing that it had booked between $1.7bn-$1.9bn for selling a 50% stake in Thiess Mining Services, CIMIC Group has today announced that it has failed to claw-back...
CIMIC Group has today announced that it has sold down 50% of Thiess mining services through Elliot Advisors (UK). The stake is valued at between $1.7-$1.9bn giving the Thiess entity...