Construction and Engineering

CIMIC tapped for $5bn Sydney M5 tunnel

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NSW Government opts for building giant Leighton Contractors for motorway project.

The construction boom will soon be a drag on growth

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The bright spot for the economy is suddenly not looking so bright, and there's no obvious alternative engine of growth to replace it.

New home sales pass 'peak'

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Housing Industry Association says little prospect for further growth in construction in FY16.

Woolworths FY profit falls 12.5%

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Retailer unveils appointment of Gordon Cairns as chairman as profit, revenue dips.

Transfield earnings decline

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Infrastructure and maintenance services firm sees soft core profit despite lift in revenue.

Boral FY profit lifts 48%

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Building materials provider sees continued improvement in US housing activity, shares slide 6.5%.

Construction work rebounds in June qtr

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ABS data shows construction work rises in June quarter, beating analyst forecasts.

UGL swings to full-year loss

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Group says it is on track to meet FY16 revenue guidance, impairments weigh on full-year result.

Patrol ship build could go to WA: Abbott

by AAP
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PM flags hopes for competitive evaluation process starting in October.

Adelaide Brighton to pay special dividend

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Cement and other building-material product maker sees H1 profit jump.

Emeco appoints new CEO

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Ian Testrow named chief executive after Ken Lewsey steps down from the role.

Fletcher Building FY profit slips

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Dual-listed group reports strong result in NZ, offset by one-off items and mixed action in Aust.

Monadelphous FY profit slips

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Engineering contractor feels the pinch as customers in the resources sector slash spending.

Lifeline for Bis Industries

Mining services firm Bis ­Industries set for reset of its covenants surrounding as much as $1bn in debt.

Myer's $100m Hobart site to open by Xmas

by AAP
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Tasmanian Premier hails announcement from developer Kalis Group.

Govt vows to fight for building watchdog

by AAP
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Abetz says govt will work with crossbench Senators to bring defeated bill back before parliament.

Senate blocks ABCC bill

by AAP
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Crossbenchers join ALP, Greens to block re-establishment of construction industry cop in Senate.

The forces keeping a lid on unemployment

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A combination of factors has allowed the unemployment rate to remain relatively stable over the past year, but the key challenges are still ahead.

James Hardie lifts Q1 profit

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Building materials supplier sees modest growth in US housing market in FY16.

BAE cuts more Vic shipyard jobs

by AAP
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Shipbuilder to axe further 125 jobs after federal Defence contracts arrive too late.

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