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Construction Union Says Program Abused for Cheap Labour
Business
Friday February 2 2018

Construction Union Says Program Abused for Cheap Labour

Program intended for workers beneficial to Canada is used to fill construction jobs at lower wages, says union study.

Surprise Spike in Construction Activity
Business
Thursday November 23 2017

Surprise Spike in Construction Activity

Construction work has spiked for a second straight quarter, far outpacing market expectations, but economists suggest the numbers could flatter to deceive.

Jobs Ads Point to Further Employment Boost
Business
Thursday November 23 2017

Jobs Ads Point to Further Employment Boost

Further good news on employment looks likely after new figures showed job advertising on the internet has grown for 12 months in a row, something that...

Fulton Hogan Lifts Profit 6.5pc
Business
Thursday September 28 2017

Fulton Hogan Lifts Profit 6.5pc

Fulton Hogan lifted annual profit 6.5 per cent as the privately-held civil construction firm benefited from a growing infrastructure spend across the nation.

Australia’s Biggest Construction & Engineering Companies Unveiled
Business
Wednesday September 27 2017

Australia’s Biggest Construction & Engineering Companies Unveiled

Victorian commercial and apartment builder Probuild has emerged as Australia’s most active non-detached housing construction firm, a new report says.

Fletcher Calls-in Auditor
Business
Tuesday September 26 2017

Fletcher Calls-in Auditor

Fletcher Building has confirmed it's hired audit firm KPMG to review four major projects to bolster governance in its construction division.

Fletcher Building Plunges
Business
Friday July 21 2017

Fletcher Building Plunges

New Zealand shares fell on Thursday, dragged lower by Fletcher Building hitting a six-week low, as the company's board advised a second large earnings downgrade this...

Australia’s Large Builders Hoard Cash Owed to Suppliers
Business
Tuesday June 6 2017

Australia’s Large Builders Hoard Cash Owed to Suppliers

Large builders throughout Australia are hoarding cash owed to suppliers and subcontractors and are using muscle to pay invoices later than their smaller counterparts, according to...

Construction Wages Stuck Despite Record Staff Demand
Business
Monday June 5 2017

Construction Wages Stuck Despite Record Staff Demand

Wages and salaries in the construction sector appear set to remain stuck at around current levels despite record levels of building industry employment, the latest survey...

Business
22 Feb, 2018
Fletcher Building Shares Hit 5-year low

Fletcher Building shares touched their lowest levels in more than five years on Wednesday after the company's first-half results, which were clouded by losses at its...

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Business
19 Feb, 2018
Formica May be Saleable Asset for Fletcher

Fletcher Building paid US$700 million to buy Formica Corp from private equity owners Cerberus Capital Management and Oaktree Capital Management in 2007.

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Business
13 Feb, 2018
Fletcher Extends Trading Halt

Fletcher Building, which had planned to reveal bigger losses at its building and interiors (B+I) unit, has extended its trading halt until Wednesday saying it has...

112,551 0

Business
13 Feb, 2018
Suspended CBL Needs Time to Raise Capital

Insurer CBL Corp says it hasn't worked out how much capital it needs to raise to satisfy regulatory solvency concerns and may take "a number of...

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Business
19 Jan, 2018
U.K. Construction Giant in Liquidation, Putting 6,000 Canadian Jobs at Risk

One of the British state's biggest contractors collapsed Monday, putting thousands of jobs at risk, after creditors and the government refused to bail out a company...

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