Infrastructure

Local manufacturer Matrix Composites & Engineering lost a fifth of its value on the ASX today after announcing it had received a cancellation notice for two contracts worth a combined $US21.8 million ($A30.5 million).

Special report: A subsidiary of global banking giant Goldman Sachs is backing a local private equity player to develop a freight hub near Bullsbrook, in anticipation of increased freight movements connected with the state government’s Northlink WA project.

OTOC has reported a strong rise in revenue and earnings for the six months to December 2015, helped by its acquisition of three east coast surveying firms and two big contracts in its infrastructure contracting arm.

WorleyParsons has denied a media report that it is considering an equity raising to offset rising debt levels.

Monadelphous Group and AnaeCo’s long-delayed waste treatment plant in Shenton Park has finally been given a completion date, with a short list of tasks to be finished by mid-April.

The state government has officially commissioned the $140 million Eastern Goldfields Pipeline, which will support the ongoing development of mining projects in the region and benefit operators of existing mines due to reduced costs

The future looks bright for Boral, with a string of major road and infrastructure projects on the horizon as the building products maker benefits from the residential construction boom in NSW.

Fourteen years after being founded in Perth, equipment hire company Access Group Australia is taking on the big players in the Sydney market.

A planned $692 million takeover of Broadspectrum hangs in the balance amid uncertainty about its federal government contract.

The state government is facing a period of tough negotiations with Perth’s AFL clubs over access to the new Perth Stadium after rejecting a bid by the WA Football Commission to be involved in running the venue.

The company operating Australia's Nauru and Manus Island detention centres has had its contract extended but is no longer the sole preferred bidder for the next five-year deal.

SPECIAL REPORT: Amid controversy surrounding Roe 8 and the privatisation of Fremantle Port, a shift to an outer harbour in Cockburn Sound is a question of when, not if, according to proponents.

BGC Contracting has won a contract to manage a $58 million upgrade to a section of highway in NSW, including construction of 300-metre long bridge.

Programmed Maintenance Services has flagged a $75 million impairment resulting from poor performance in its marine services division, but expects to lift earnings to over $100 million by FY17 as it benefits from growth in other sectors of the economy.

Two niche operators in Western Australia's electricity market have accused the state government of being more concerned with protecting its own interests than creating a truly competitive industry

The Takeovers Panel has refused to intervene in construction giant CIMIC Group's $243 million takeover bid for mining services company Sedgman.

Civmec has expanded its portfolio with the completion of its $20.7 million acquisition of NSW-based private engineering and shipbuilding company Forgacs Engineering.

The state government has again changed its mind on a key election promise, with Transport Minister Dean Nalder saying he is now in favour of an underground heavy rail system for Perth's north-western suburbs.

Perth-based contractor OTOC expects to post a profitable half-year after diversifying its business to mitigate the impact of the resources sector downturn.

Decmil Group has expanded its business with the acquisition of Melbourne-based civil engineering company Cut & Fill Pty Ltd for $9.5 million.

Premier Colin Barnett and Planning Minister John Day have officially opened Elizabeth Quay after decades of discussion and debate.

Perth construction contractor Georgiou Group has locked in another substantial infrastructure project, after winning a $52 million contract to build a new four-lane traffic bridge in Mandurah.

A $7.3 million extension of the Perth Core Library is under way to boost exploration programs, with Firm Construction beginning work today.

The state’s environment minister has picked three legal professionals to conduct a review into the Environmental Protection Authority, in the wake of the Supreme Court’s ruling on the Roe 8 highway project last month.

The state government plans to appeal last month’s shock Supreme Court ruling that overturned approval of the Roe 8 highway project, while also announcing it intends to proceed with a new environmental review of the project.

The state government will spend $4.7 million on re-sealing parts of the Kwinana Freeway and Forrest Highway, with work to be carried out by a subsidiary of Boral.

Broadspectrum has resoundingly urged shareholders to reject the $692 million takeover offer from Spanish company Ferrovial, saying it significantly undervalues the business.

A $176 million construction contract for the $1.12 billion NorthLink WA project has been awarded to John Holland, with work set to begin on the major Tonkin Highway upgrade mid-year.

Six construction companies including EMCO Building, Badge Construction and Pindan have secured a combined $102 million worth of work from the state government.

Engineering and construction group Valmec has secured a $4.3 million contract for work at Vector Gas’s compression project in Auckland.

Western Australia’s biggest and most productive gas production facility suffered an equipment failure early this morning.

The federal government will spend $8.5 million to change the traffic lines on all Mitchell and Kwinana freeway on-ramps in an effort to improve traffic merging and remove the stigma widely associated with Perth drivers.