Articles tagged with 'infrastructure'

Leighton reports third largest profit ever made

6 November 2009 | Leighton Holdings has recorded a solid operating performance in a year which was impacted by the impairment of asset values. The Group earned a profit after tax of $440 million after impairments and is the third largest profit ever made by the company.


New climate risks present fresh challenges for infrastructure industry

14 October 2009 | The new risks climate change presents for the infrastructure industry will reshape its future and lead to an evolution in industry practice and contractual risk allocation.


Demand for building and engineering professionals close to upturn

3 August 2009 | Job cuts among building and engineering professionals appears to be peaking thanks to a host of major federal and state infrastructure projects across Australia.


New construction guidelines will help apprentices

14 July 2009 | Construction workers stand to benefit from the federal government's move to bring the guidelines for the code covering taxpayer-funded construction projects into line with the new Fair Work Act, says unions.


EEASA merges with Ai Group

1 July 2009 | The Engineering Employers Association South Australia has officially merged with the Australian Industry Group to become the Ai Group South Australia branch.


Finding the funds during a downturn

25 June 2009 | Businesses are facing a double whammy at the moment - a slowing economic cycle together with a global credit crisis. All organisations, including contractors, are facing not just a scarcity of funds, but a rising cost of capital as well.


Construction industry facing skills shortage once financial crisis ends

23 June 2009 | Australia's construction industry is headed for another skills shortage, according to Troy Williams, CEO of Skill360 Australia, a Group Training Organisation that employs trainees and apprentices and places them with host employers across a range of industry sectors.


Industry forecasts: civil construction to dodge a bullet, says CFC

18 June 2009 | The civil construction sector will be relatively unaffected by the current economic downturn - particularly in comparison with the residential and non-residential building sectors - says the Australian Construction Industry Forum's Construction Forecasting Council.


NSW Budget: It's good, but not great, says IPA

17 June 2009 | The NSW Budget confirms the impact of the global financial crisis, but the lack of progress on new state-building infrastructure projects shows that tough reforms will be required to get NSW back on track, says Infrastructure Partnerships Australia.


NSW Budget will deliver record $62.9 billion building program

16 June 2009 | Premier, Nathan Rees, has announced that the NSW budget will support up to 160,000 jobs a year through a $62.9 billion building program over the next four years - the largest infrastructure investment in the state's history.


Queensland on the road to recovery

12 June 2009 | "Improving the state's roads is the central infrastructure priority for the Queensland government in next week's budget if it is to improve the productivity of Queensland industry and help it manage through the economic downturn," says Ai Group Queensland director, Chris Rodwell.


Budget breakdown

14 May 2009 | The federal government is investing $22 billion in nation building infrastructure in order to help Australia survive the economic downturn and improve the nation's transport, communications, health and education facilities.


A welcome stimulus for the construction industry

13 May 2009 | Investing in Australia's infrastructure has been described as the "centrepiece for the 2009-10 Budget" by the Australian government.


Construction recovery needs new capital

2 April 2009 | More than 75,000 construction jobs could be lost due to a sharp fall in building activity, according to the latest forecasts from the Australian Construction Industry Forum's Construction Forecasting Council.


Brisbane launches $1 billion Waterfront project

3 March 2009 | The $1 billion Waterfront has been launched this morning and it is one of the largest development projects in Southeast Queensland.


Rudd Government delivers $1 million for Townsville local infrastructure

20 February 2009 | Investing in local projects is a great way to generate construction activity and provide much-needed infrastructure to local communities.


Stimulus spending may boost global construction by $560 billion

3 February 2009 | Total additional spending to shore-up economic growth in 20 major economies set to exceed $3 trillion, of which $1,251 billion has been ear-marked for construction.


Number of minerals and energy projects down, but investment still strong

20 November 2008 | Advanced minerals and energy projects to the value of $67.3 billion indicate a positive outlook for the mining industry.