Infrastructure

Perth is projected to have seven of the nation’s top 10 most-congested roads by 2031, and despite public displeasure, toll roads could be part of the solution.

CIMIC Group's construction arm, Leighton Contractors, has secured a $1.5 billion contract to design and build Sydney's new M5 Motorway.

Indigenous contractor Yurra has formed a joint venture with BGC Contracting to provide services to Rio Tinto’s rail work in Cape Lambert and Dampier, with the value of the deal undisclosed.

Four contractors have been shortlisted to build a new $70.7 million marine control tower in Port Hedland for the Pilbara Ports Authority.

Engineering and construction contractor Monadelphous Group has flagged a 10 per cent fall in first-half revenue as market conditions remain challenging.

Henderson-based engineering firm Civmec has moved to gain a foothold in the east coast defence shipbuilding industry by striking an agreement to purchase the projects division of private company Forgacs Engineering.

Construction company John Holland has been selected as the preferred proponent for stage 1 of the NorthLink WA roads project, which has an overall budget of $1.12 billion.

The state government says the shipping capacity of Port Hedland could increase by 16 per cent to 577 million tonnes, opening up the possibility of further growth in iron ore exports through the existing harbour.

Perth-based contractor Civmec has won a number of new contracts and additional work, worth a combined value of $65 million.

Australia's largest rail freight operator Aurizon has defended its decision to carry out share buybacks rather than offering a special dividend.

The state government has awarded a $9.1 million contract to Queensland company BMD Constructions to replace a 105-year-old bridge in Mount Lawley.

Osborne Park-based contractor Otoc has continued its move into defence-related work, winning approval for a $13 million contract on Nauru.

Canada's Brookfield Infrastructure is determined to take over ports and rail operator Asciano despite Australian logistics firm Qube Holdings having a 19.99 per cent blocking stake in the target.

Engineering group Downer expects to achieve its 2015-16 profit guidance of $190 million despite a continuing decline in mining-related capex by customers.

Construction giant Cimic's Leighton Contractors unit has secured a contract from BG Group for setting up gas infrastructure in Queensland's Surat Basin.

Takeover target Asciano is hopeful Canada's Brookfield Infrastructure can still pull off its $8.9 billion bid, despite local logistics firm Qube moving to block the marriage.

The state government is at odds with the Commonwealth over plans to shelve the second stage of the $1.7 billion Perth Freight Link, with the federal minister for cities saying today the funding agreement was for both stages of the project, not just stage 1.

Perth-based data centre operator Red Cloud has announced plans to build a new $40 million ‘Tier 3’ facility in Hobart, using modular technology.

A joint venture between UGL and UK company Cape has won a contract to provide services to the Woodside Petroleum-operated Karratha gas plant for an undisclosed sum.

The ownership of railways and stevedoring operations across Australia has been thrown into further doubt after logistics group Qube Holdings revealed plans for a break-up of Asciano, after teaming up with two big international investors to acquire a 19.9 per cent stake in the takeover target.

WorleyParsons shareholders are seeking tens of millions of dollars from the engineering and construction giant, alleging they were misled over earnings forecasts.

Shipbuilder Austal has built on its relationship with the US Navy, winning a $US53.5 million ($A75.3m) contract to procure materials for a new vessel.

Engineering contractor Calibre Group has announced a radical restructuring that includes a partial buyout of minority shareholders, delisting from the ASX, and the purchase of Sydney-based company Diona for $45 million.

WorleyParsons shareholders targeted Perth-based director Erich Fraunschiel in a protest vote at today’s annual meeting, where the engineering giant disclosed it has cut a further 900 jobs over the past three months.

The state government has named a consortium led by Leighton Contractors as the preferred proponent for construction of the $500 million Roe 8 highway project, which is the first leg of the contentious Perth Freight Link.

BlueScope's Port Kembla steelworks may still be on borrowed time despite a three-year tax break from the NSW government that secures the immediate future of its 4,500 workers.

The state government has released plans to formalise a ‘protection area’ around the Western Trade Coast industrial area, pleasing existing industry but disappointing land developers.

Max Bergomi has left his executive position at engineering group Clough to take the helm as chief executive of Tempo Australia.

Brisbane-based Suncorp Bank is calling time on its sponsorship deal with Perth Arena, making it the first corporate partner to withdraw support since signing with the facility at its 2012 opening.

Crescent Capital Investments has sweetened its takeover offer for infrastructure services group Cardno, boosting the deal to $3.45 per share, one week after competitor Coffey announced a friendly takeover deal with global player Tetra Tech.

A new $32.1 million bus-only bridge will be built in the CBD to ease congestion and get buses out of the city faster, with construction set to begin early next year.

Conditions are ripe for the final piece of Bunbury’s harbour relocation.