Construction and Engineering

An apartment construction boom chaser

A rise in building approvals highlights the surprising resilience of the residential construction sector. But a weak outlook for commodity prices poses a risk.

Building approvals beat expectations in July

Official ABS data shows building approvals rose better-than-expected 2.5% in month.

Downer wins $170m Gorgon contract

Construction contractor secures deal valued at up to $170m, expects to create 400 jobs.

Picks of the week

In this week's essential reading guide, Kohler assesses our addiction to dividends, Bartholomeusz reflects on Qantas' massive loss, and Gottliebsen talks about how CEOs can learn from a new young player.

Keeping the faith: a family business dynasty with religious conviction

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From the early days of building textiles machinery from secret plans to now becoming a major player on the global oil stage, the Schlumberger family’s religious values remain at the core of its work ethic.

Adelaide Brighton H1 profit slides

Building material company expects slight lift in full-year profit after announcing lower first-half result.

Ausdrill plunges to steep FY loss

Heavy impairment charges take their toll on embattled mining service provider.

Construction work falls in Q2

Official data shows construction work falls significantly more than expected in June quarter.

Lend Lease FY profit jumps

Construction giant says residential development business will drive future earnings.

Cost cuts boost Boral earnings

Shares jump as building materials company returns to profit, eyes improvement in US.

Leighton retains banks to sell marine division

Leighton appoints advisers to offload $200m-$400m international marine division.

Court approves Leighton settlement

Construction group to pay more than $65m to settle shareholder class action.

UGL eyes shareholder returns

UGL to return proceeds from DTZ sale through capital management plan, FY profit lifts.

Major projects linked to phoenix scams

Eight of the largest construction developments under investigation: report.

Leighton may add $400m division to sell-off

Leighton is considering divestment of $400 million international marine division.

Value Investor: The tailwind underpinning Leighton's future

Despite uncertainty surrounding the impact of its new management and restructuring, Leighton is in a prime position to benefit from the expected ramp-up in infrastructure spending.

Fletcher Building lifts FY profit

Building products group says it would have hit top end of guidance if not for strong NZ currency.

Fletcher names Ralph Norris as chairman

Former CBA CEO to replace long-serving chairman Ralph Waters after AGM in October.

Cardno posts steady FY profit

Environmental services consultancy firm expects conditions to improve in future.

Monadelphous FY profit falls

Investors cheer planned cost cutting, engineering group warns of weaker FY15 sales.