The legal fallout from big resources and infrastructure projects continued to mount this week, when Downer terminated its contract on a $1 billion-plus ammonium nitrate plant in the Pilbara.
The board of infrastructure services group Cardno has told its shareholders to reject a $215 million takeover proposal it received earlier in the week from Crescent Capital Investments.
Shares in local diversified contractor Brierty slumped after it flagged a $6 million hit to its profit result on the back of a cost blowout on a Mains Road WA project.
Watpac Civil & Mining has been awarded $89.3 million in contracts in the gold mining and road infrastructure sectors, with the largest being with Chinese-owned company Hanking Gold Mining.
Diversified firm Transfield Services expects underlying earnings to remain flat but without a repeat of the one-off costs that hit this year's bottom line.
The Town of Port Hedland council voted last night to privatise the regional airport through a long-term leasing deal with AMP Capital and Infrastructure Capital Group, which will run the regional airport for 50 years.
The Town of Port Hedland is poised to complete Western Australia’s biggest privatisation in 15 years, with a consortium led by AMP Capital set to pay $165 million for a 50-year lease over the town’s airport.
Mineral Resources has highlighted new growth opportunities in mining services, infrastructure and manufacturing after posting a sharp fall in annual earnings and cutting its dividend payments to shareholders.
Infrastructure Australia has released its preliminary assessment of the Perth Freight Link, which concludes the project will deliver net economic benefits but also raises questions about its cost.
National rail and freight operator Asciano has agreed to a $12 billion takeover by Canada's Brookfield Infrastructure Partners, which is planning to seek a listing on the ASX.
Rail operator Aurizon has cut the capex estimate of its West Pilbara iron ore project by 25 per cent to $4.5 billion, while also announcing a 15 per cent rise in underlying net profit to $604 million for the 2015 financial year.
In some of the state’s more remote towns, where electricity can be 700 per cent more expensive to deliver than in Perth, embracing cheaper new technology is only part of the solution to driving down costs.
The federal government’s $89 billion spend for new naval vessels represents an opportunity for businesses at the Australian Marine Complex in Henderson, as energy and resources projects dry up.
Contractors pursuing new infrastructure projects are continuing to diversify across industry sectors and geographies in response to continued weakness in mining-related work.
SPECIAL REPORT: The Committee for Perth has suggested an alternative route might be the best way forward for Perth's promised light rail network; part of our ten page feature on infrastructure.
A report by the auditor general has found the state government’s Pilbara Underground Power Project will cost nearly double the original estimate and be completed six years behind schedule because of poor planning and management.
There's been a small victory in the push for the release of documents about the contentious Perth Freight Link project, which Labor claims has a "cone of silence" surrounding it.
Construction industry groups say a code of conduct is urgently required to avoid a repeat of the widespread cost blowouts and disruptive industrial action that has plagued major projects in recent years.
Perth-based company Brierty has received a $13.5 million contract from the state government to widen the southbound section of the Kwinana Freeway from Armadale Road to Russell Road.
O'Connor-based engineering services company Wenco has been awarded a structural, mechanical and piping contract by the KEP Recharge Alliance for the Beenyup advanced water recycling plant in Craigie.
Programmed Maintenance Services says its performance in the first three months of the 2015-16 financial year reflects the major transition occurring in the economy.
Water Minister Mia Davies announced the completion of one project and the start of two others to improve Water Corporation services at Perth’s northern edge and in the Wheatbelt.
The engineering arm of property and infrastructure group Lendlease has won a $96 million contract to build BHP Billiton’s new tug harbour at Hunt Point in Port Hedland.
Mining giant BHP Billiton has announced plans to construct a new eight-pen tug harbour at Hunt Point in Port Hedland, as well as purchase six additional tugs, for $US240 million ($A326 million).
Adelaide-based York Civil has been selected to carry out $24.2 million in upgrades to Broome’s wharf, while expressions of interest will soon be called for a new $70.7 million marine control tower in Port Hedland.
Solutions to Perth's growing traffic congestion look set to be a main theme of the 2017 state election, with the WA government changing its tune on the MAX light rail project.
The state government’s proposed $2.2 billion Forrestfield-Airport rail link has been recommended for conditional approval by the Environmental Protection Authority.
Marine services group TAMS Group has delivered on its potential to provide flexible options for customers in the marine services sector, winning its second Rising Stars award in two years.
