The liquidators of Brierty have been given the all-clear to pursue $8.7 million in alleged preferential payments made before the contractor's 2017 collapse.
The liquidators of Brierty have launched Supreme Court action to recover millions of dollars from 12 companies they claim received payments while the civil and mining contractor was insolvent.
Two of the largest contracts held by fallen Perth company Brierty have been terminated, as uncertainty hangs around the company's future after last week's appointment of administrators.
Troubled civil construction and mining services business Brierty has been placed in voluntary administration after failing to secure what it considered to be an adequate pipeline of future work.
Brierty has signed a new facility and debt restructure agreement with Bankwest that is conditional on the company's rectification plan at Rio Tinto's Western Turner Syncline project being approved by the iron ore miner.
Gruden Group has announced several changes to it board and management. Warren Barry will step down as executive director but remains in an executive sales position.
Brierty announced today that its $300 million mining contract at Rio Tinto's Western Turner Syncline project, which was undertaken in partnership with three indigenous contractors, has been suspended.
Shares in mining and civil contractor Brierty have tumbled 23 per cent today despite the company announcing a $3.8 million net profit for the six months to December, which the company said was above guidance.
Perth contractor Brierty has confirmed it expects to report a significant uplift in half-year profit after cutting back costs and adopting a ‘back to basics' strategy.
Peter McBain has stepped down as chief executive of mining and civil contractor Brierty after a series of financial and operational setbacks, and will be replaced by the company's chief operating officer.
Troubled civil and construction contractor Brierty's forecast net loss has doubled to $12 million, with the company also revealing the cost on a project with Main Roads Western Australia has now blown out to about $22 million.
Perth-based Energy Made Clean has struck a partnership deal with Aboriginal corporation Eastern Guruma for the rollout of solar power stations and solar water pumps in northern Australia.
Former state treasurer Troy Buswell has been promoted to chief financial officer at civil and construction contractor Brierty, which today annunced that 14 positions have been made redundant as it seeks to shave costs.
Perth-based Braziron has announced plans to delist from the ASX and leave the resources industry through the reverse takeover of a private road safety barriers business in a deal worth $6.3 million.
The downturn in mining and construction activity in Western Australia has delivered a mixed bag of results for several contractors today, with the major surprise being a downgrade in MACA's revenue outlook.
Civil and construction contractor Brierty has recovered $2.5 million from a weather-related insurance claim on a project with Main Roads Western Australia, but is yet to reach a resolution with regards to an outstanding $6.6 million dispute.
Perth-based Indigenous Construction Resource Group is poised to become a bigger player in the mining services sector after its chairman, Clinton Wolf, lured NRW Holdings founder and former managing director Jeff McGlinn out of retirement.
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.
Brierty has been unable to resolve a $9.1 million contract dispute with Main Roads WA ahead of today's deadline for it to lodge its financial results, with the civil and construction contractor rep
Shares in local diversified contractor Brierty slumped after it flagged a $6 million hit to its profit result on the back of a cost blowout on a Mains Road WA project.
Contractors pursuing new infrastructure projects are continuing to diversify across industry sectors and geographies in response to continued weakness in mining-related work.
Perth-based company Brierty has received a $13.5 million contract from the state government to widen the southbound section of the Kwinana Freeway from Armadale Road to Russell Road.
Business News shines a light on four businesses operating in WA that have achieved the highest level of national recognition for increasing opportunities for indigenous Australians.
The $54.1 million contract for the pedestrian bridge near Perth Stadium is a colourful highlight in an uncertain market. Click through to see more on our Infrastructure feature.
Donations totalling more than $200,000 have been made in the past two days ahead of tonight's CEO Sleepout fundraiser, but organiser St Vincent de Paul Society of WA is still hoping a final surge in contributions will exceed the $1 million mark.
The state government has invited three consortia to develop proposals for the $1.6 billion Perth Freight Link project, including the potential construction of a tunnel.
Mining and civil contractor Brierty has become just the sixth organisation nationally and the first in its industry to obtain the top ‘Elevate' ranking for its Reconciliation Action Plan.
LandCorp has awarded Perth-based contractor Brierty an $11 million contract to build the first stage of its Broome Road Industrial Park in the Kimberley.
Shares in Perth-based contractor Brierty slumped after it announced a 7 per cent slide in first-half profit to $4.06 million, as competitiveness ramps up in the sector.
