Construction and Engineering

Stockland eyes Leighton assets

Local property group vying with Singapore's City Developments for $7bn portfolio: report

Leighton first-half profit slides

Shares slide as group reaffirms FY profit guidance, H1 result beats expectations.

Two graphs on why our road spending is 'hideously inefficient'

2 comments
The government is gambling with road spending... and we're not winning.

Caterpillar profit edges up in Q2

by AAP
Group eyes 'roughly flat' sales in 2014, says conditions have stabilised.

Strong interest in John Holland unit

Leighton's construction business receives interest from Spanish, French and Chinese companies.

John Holland likely to go to foreign buyer

As Leighton moves through its divestment process, analysts say its contractor business is likely to draw overseas bidders.

The union inquiry is splitting the Coalition in two

7 comments
Big companies are just as much to blame as unions for lowering productivity but some conservatives' black-and-white view of IR could get in the way of justice.

Leighton to sell Devine stake

Devine has agreed to field offers for Leighton's stake or the company as a whole.

Appeasing unions is taking its Toll

10 comments
Toll’s deal with the Transport Workers Union underscores that cartel-style agreements are not confined to construction and are damaging Australia’s productivity.

Shorten must go cold turkey on union cartel cash

3 comments
The new building codes of conduct have severed a lucrative funding source for Labor but any incoming government must resist winding them back if they care about supporting the community.

CSR upbeat on housing growth

Building products company 'very encouraged' by increase in building approvals.

Kirstin Ferguson to join Leighton board

Construction group names new non-executive director in latest board reshuffle since Hochtief takeover.

An open letter to Boral’s Mike Kane

4 comments
Company executives have as much explaining to do as the union heavyweights driving the stink in construction. The royal commission’s scrutiny must apply across the board.

The domino effect that will crush the building cartels

7 comments
After years of disgraceful cartel-style agreements between Australia's major builders and unions, suddenly there has been a dramatic breakthrough that could change everything.

Unions ‘conspire outside the law’: Boral

Mike Kane calls for a police investigation into alleged blackmail of his company by construction union.

Something rotten at the Grocon picket line

2 comments
Grocon construction workers were expressly opposed to forming a picket outside Myer last year – so who was protesting? It’s time for the competition watchdog to sharpen its teeth.

Spargo set to be new UGL chair

Kate Spargo to replace Trevor Rowe, who will exit in October after 11 years in the job.

Anglo American sells Lafarge Tarmac stake

by AAP
Miner offloads building materials group to JV partner for $1.62 billion.

Lend Lease's huge task to beat the cartels

4 comments
As the royal commission turns its attention to corruption in the construction industry, it's time to reveal what really happened when pro-cartel forces tried to destroy Grocon. The problem is much bigger than just unions.

How Napthine could win voters back

1 comment
The Victorian government's fiscal discipline has busted state construction blowouts as well as flushing out Geoff Shaw at the party's expense. It's a reason for praise - not mistrust.

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