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
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
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...
Aug Building Approvals Lower than Expected
Approvals for the construction of new homes rose 0.4 per cent in August, helped by a rebound in the volatile apartment category.
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
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
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
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
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...
Call for Blitz on Unlicensed Builders
Master Builders SA is calling for a government blitz after yet another unlicensed builder was fined in the Adelaide Magistrates Court.
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...
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.
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...
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...
CIMIC Soars on Dividend Lift, New Forecast
CIMIC's shares have jumped after the construction giant raised its dividend by 13 cents on the back of a 21 per cent lift in full-year profit...
CCA Mobilizes Members to Oppose Government-owned Enterprises
The Canadian Construction Association (CCA) announced in an email to its board members, partner associations and corporate members that it has advised the government of Canada...
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...
Building Approvals Jump 11.7% in November
Approvals for the construction of new homes have jumped by 11.7 per cent, boosted by a spike in apartment and townhouse construction activity in Victoria, Western...