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construction
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How AI could cut the red tape so we can build 1.2 million homes
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Andrew Roberts makes bid to avoid liquidation with $20m staff payment plan
The collapse of this Australian builder sent shockwaves through the industry. Now, the billionaire tycoon behind the failure is making a desperate move.
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BESIX Watpac becomes Australia’s biggest builder as John Holland falls out of construction rankings
There are major moves in the top builders across the country, with some players hit by cost blowouts while others have risen up the ranks with huge project pipelines.
News
Aussie home builder AVJennings latest to fall into offshore hands amid cost pressures
An iconic Aussie builder will be taken over by a foreign raider after slumping to the brink of collapse.
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Roberts Co Vic projects likely to be broken up to maximise prospects for salvaging partially built sites
Builder Roberts Co’s Victorian arm has shut down its big jobs but administrator McGrathNicol says it can get projects back on track and it will have to break them up for the best result.
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Chinese-owned John Holland suffers $200m reversal
Tough conditions in building have seen the construction giant sink to a loss after years of profits. But it has been winning new work.
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Victorian pain as construction company Roberts Co calls in administrators
Administrators have taken control of the Victorian sites controlled by Roberts Co.
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Weak Australian dollar and high labour costs offset stabilising materials: Altus Group
Despite some price relief, Australia’s construction industry faces mounting insolvencies as productivity declines and wage pressures rise.
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Office revival puts Dexus back in black
Dexus has come through the worst of the downturn and says that the market for large towers is stabilising, and it can stay on track for Waterfront Brisbane.
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‘Green shoots’: Mirvac upbeat on new home building despite profit squeeze
ASX-listed property group Mirvac has seen its new home building profit margins squeezed over the past financial year, but is also seeing an uptick in market activity. The company made $212 million in earnings before …
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