Construction and Engineering

New home sales edge to five-year high

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Housing Industry Association report shows new home sales increase 0.6% in April.

Relying on construction is no blueprint for growth

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Residential construction is a bright spot in an otherwise bleak outlook for the sector, but it won't be enough to offset the collapse in mining investment.

Cardno names Wankmuller as CEO

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Infrastructure services group names former GHD director as new chief executive.

Construction work falls in March qtr

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Official ABS data shows construction work declines faster than analyst forecasts.

Adelaide Brighton expects sales gain

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Construction materials group eyes higher 2015 sales volumes, $44m of land sales.

NewSat cut from Lockheed contract

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Bankruptcy judge in US signs order severing NewSat's contract with defence giant.

Boart still facing weak demand

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Drilling services group's outlook unchanged amid weak demand for its services, products.

UGL inks $190m BP contract

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Engineering group awarded 3-year joint venture contract to operate, maintain fuel terminals.

Skilled eyes a sweetened deal

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Contract labour hire groups Skilled and Programmed are back in merger discussions, but Programmed will need to improve the terms of its proposal before a deal can be done.

Australians will be squeezed by the housing supply shortage

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Long-term population trends suggest that unless more housing supply is unlocked, there will be a sharp escalation in dwelling prices, particularly in Sydney and Melbourne.

Cardno fears takeover move

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Queensland engineering services firm calls on UBS to help ward off possible takeover bid.

Warships cost blows out to $9bn

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The Air Warfare Destroyer program will run about $2bn over budget and be nearly three years late, an audit shows.

James Hardie shares touch record high

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Building materials group lifts FY profit; unveils special dividend, share buyback program.

Bradken grab on the wane

The prospect of a fresh takeover bid for mining services provider appears to be fading.

Brian Clark next Boral chairman

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AMP Capital chairman to replace Bob Every at Boral at November annual meeting.

CSR posts best profit in 5 years

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Industrial building group lifts FY profit 43%, revenues increase 16% to $2bn.

Transpacific CEO flags June exit

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Chief executive Robert Boucher resigns to return to US, replacement search underway.

Coercive construction powers extended

by AAP
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Coercive powers forcing construction workers to give misconduct evidence pass Senate.

Holcim moves closer to Lafarge tie-up

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Swiss cement giant's shareholders approve share issuance to pay for deal.

Construction activity contracts in April

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Construction sluggish after one-off bounce in March broke four months of contraction.

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