Construction and Engineering

Tenix turns heads with sale

Tenix attracted several high-profile suitors before being swallowed by Downer EDI.

Shareholders back Transfield rejection

Key Transfield shareholders say firm was right to knock back $1bn takeover bid.

Transfield soars on $1bn Ferrovial bid

Spanish group hopes Transfield will come under pressure to engage further, after saying offer undervalues company.

Downer EDI buys Tenix for $300m

Construction contractor better-positioned for growth after purchasing business from Salteri family.

ACCC warns on CSR, Boral joint venture

Watchdog's statement of issues finds JV would result in a duopoly in eastern Aust, final decision delayed.

Brickworks in race for Boral division

Brickworks believed to be a prospective buyer of Boral's roof tiles business.

Mystery Leighton suitor named

Apollo Global Management is believed to be circling Leighton's services division.

James Hardie warns on US recovery

Group sees FY net operating profit between $US205m and $US235m, notes US housing uncertainties.

SAI concludes strategic review, rejects offers

Risk management firm SAI Global has knocked back a takeover proposal from PEP after an extensive review.

Lend Lease confirms US expansion

Property group flags injection of up to $300m in equity as part of aggressive US expansion plans.

Construction activity strongest in 9 years: AiG

Australian Industry Group survey shows activity in the sector rose for fourth-straight month.

New home sales increase in Aug: HIA

Number of new houses sold grew in August, boosted by surge in apartment sales.

Another builder steps into line

Australia has taken another big step to bring our construction costs down. But Labor's plans to rip up the code create uncertainty.

Building approvals beat forecasts

ABS data shows number of building approvals came in well ahead of expectations in August.

Canberra must tread carefully with negative gearing

27 comments
With investors playing a key role in creating jobs in the building sector, any steps to cut negative gearing will be detrimental.

'Made in Australia': The high-tech track to manufacturing success

2 comments
We are counting down to our last Ford Falcons and Holden Commodores but amid the gloom Perth-based Flying Machine can't wait to get started.

Powercor taps USPP market

Powercor Australia, 49% owned by Spark Infrastructure, announces US$300m bond placement.

East-West Link contract signed

by AAP
Victorian govt seals $5.3 billion construction deal, won't comment on change-of-government clause.

China chasing John Holland

China Communications Construction Company making play for Leighton contractor.

How a construction giant dug itself into a hole

1 comment
After engaging a labour hire company with union links, the Victorian government has made an example of a South African building group.

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