Infrastructure

Bassendean-based Highway Construction and Central Earthmoving have secured road construction contracts worth about $29 million, while Sheffield Resources has awarded a number of contracts at its mineral sands project near Broome.

Two Perth-based contractors have secured new work, with Decmil Group locking in a $NZ24.3 million ($22.7 million) contract for two schools in New Zealand, while NRW Holdings will undertake work for Rio Tinto in the Pilbara.

Prime Minister Malcolm Turnbull has today announced $3.2 billion of federal government funding for Western Australian infrastructure projects ahead of next month’s budget, however, there is still uncertainty around the timing of a number of those projects.

Perth Airport has received the highest rating of Australia’s four biggest airports and registered a spike in profits during the past financial year, according to a report from the consumer watchdog.

Business News has been tracking WA’s largest private companies for more than 20 years and found most have experienced big changes over that time.

West Perth-based Australian Finance Group has announced it will purchase a 30.4 per cent stake of Sydney-based commercial property lender Think Tank Group for $10.9 million.

Engineering giant CIMIC has reaffirmed its full-year profit guidance after lifting first-quarter profit 7 per cent to $172 million.

Perth-based engineering company ADRA Group has announced former EWS chief executive Robert Osborn Jr as its new leader.

Dowsing Concrete and Axiis Contracting will split an $18 million contract for concrete work associated with the Public Transport Authority’s bus stop upgrade program over the next five years.

Local contractor SRG today announced the purchase of New Zealand-based TBS Group for $NZ35 million ($32.9 million), with a $24 million capital raising being used to part-fund the acquisition.

The Perth’s Children Hospital is on track to receive its first patients in May after the chief health officer today gave the facility’s water quality the green light.

A joint venture between Perth-based companies SRG and Georgiou Group has been awarded a $43.4 million contract for road upgrades in rural NSW.

The private consortium planning a $400 million waste-to-energy plant in Rockingham has signed a 20-year supply agreement with the Eastern Metropolitan Regional Council and been selected as the preferred tenderer by the City of Cockburn for a similar supply deal.

Surveying company Veris has announced it will purchase east coast-based advisory services firm Elton Consulting in cash and scrip for an initial outlay of $12 million.

Engineering firm GHD has secured a contract with the City of Wanneroo to design a second carriageway at the northern end of Marmion Avenue.

WBHO Infrastructure has been awarded a $41 million contract to upgrade the Great Northern Highway between Maggie Creek and Wyndham in the Kimberley region.

The state government is planning to build a large roundabout and reconfigure High Street east of Fremantle in an area that continues to face heavy congestion after the scrapping of the Roe 8 project last year.

Decmil Group has launched a major board restructure that includes the retirement of company founder Denis Criddle, as it posted an interim loss but pointed to strong revenue growth in the coming year.

Labour hire and construction services company The Go2 People has secured a contract to become the exclusive registered builder for a holiday home project on Dirk Hartog Island, off the coast of Western Australia near Shark Bay.

Local contractors have expressed concern that work on the next two Metronet rail projects, worth about $1 billion, could be packaged together for tendering purposes.

Badge Constructions has been awarded a $5 million contract to build a shipside support tower at BAE Systems’ Henderson facility to support its frigate upgrade project.

The state government will review the security of payments for local subcontractors, while also establishing an industry advisory group, chaired by experienced barrister John Fiocco, to facilitate the review.

A local landscaping company has suspended trading and operations due to financial viability problems a fortnight after one of the state's biggest builders, Cooper & Oxley, went into administration.

Engineering contractor RCR Tomlinson has reported a big boost in profits for the half-year, propelled by a near doubling in revenue as the company increases its stake in the renewable energy sector

Clamping down on the governance of state-owned enterprises such as Synergy is just one major promise the McGowan government has made in response to the Langoulant special inquiry into government projects in the Barnett era, released yesterday.

Downer EDI has posted an $11.1 million first-half loss, dragged down by a goodwill impairment on its mining operations, write-downs from its freight rail divestment and redundancy costs from its recently acquired Spotless.

Engineering services firm Monadelphous Group has lifted half-year profit by nearly a third as it rides the rebound in resources sector activity.

Osborne Park-based Badge Constructions has been awarded a $12.9 million contract for work at Southern River Primary School.

From skills shortages and new regulations to policy formation and industrial disputes, the Master Builders Association has played an important role in advocating for the state’s building and construction industry since 1898.

Transurban has racked up a near fourfold increase in first-half profit and the toll road operator is looking for more to come, thanks to US President Donald Trump's planned infrastructure splurge.

Congestion on the national broadband network has eased as more customers turn to higher speed plans after rollout company NBN Co slashed its top speed packages last year.

Iron ore revenue for rail operator Aurizon dropped 9 per cent in the first half of the financial year, although the business overall delivered a big increase in profit.