Fraser Beattie

Marine services company MMA Offshore’s net loss has widened to $144 million on the back of a previously flagged impairment and reduced activity in the oil and gas sector.

Former iiNet executive Greg Bader has been officially installed as chief executive of online property portal rent.com.au, following founder Mark Woschnak’s retirement last month.

GR Engineering Services wrapped up the 2016 financial year with record revenue and increased profit, but says competition for design and construction opportunities remains high.

Osborne Park-based MG Group has won a contract to develop the state government’s $7 million Railway Square public open space project in Midland.

Rox Resources’ joint venture partner Teck Australia has voiced concern today with the company’s proposed sale of its stake in the Reward zinc-lead project to Marindi Metals, after competing bidder IM Medical said last week an exclusivity agreement had been breached.

Perth-based gold miner Troy Resources says it expects to record an $87 million impairment in its full-year accounts, with the majority of the charge attributed to the sale of its Casposo project in Argentina.

Perth-based contractor MACA is focusing on securing more work in the gold sector after reporting a slump in full-year profit.

Local contractor Macmahon Holdings has returned to the black with a net profit of $1.7 million after a tough year in the mining sector.

CIMIC Group has launched legal action in the United States against Chevron over cost blowouts on jetty and marine structures it built at the Gorgon LNG project on Barrow Island.