Infrastructure

The state government and land developers should work together to source private investment for future transport projects, according to ‘entrepreneur rail model’ advocate, Peter Newman.

WA continues to experience falls in available jobs for engineers, prompting many to take up chartered qualifications.

Solar-powered battery storage devices are being installed in Esperance to provide power to a handful of people previously connected to the electricity infrastructure razed by last November’s bushfires.

A lobby group set up to defend a major component of Western Australia’s oversupplied electricity market has stepped up its political stunts today presenting a large likeness of a gold watch as a symbol that it's time to retire Muja AB power station.

As five women and one male champion were honoured at this year’s Chamber of Minerals and Energy’s women in resources awards, Premier Colin Barnett declared the resources industry to have reached a mature level of growth that will likely be eclipsed by advances in the state’s other sectors.

Local contractor Metrowest Constructions has been selected to build Perth’s first indoor skydiving facility.

Engineering group Clough has won a contract to provide its services to a joint venture which is building a liquid petroleum gas import terminal in South Africa.

Perth-based Matrix Composites & Engineering has won a $6 million contract for work with an unnamed Chinese manufacturer.

Thermal power company Enerji has been appointed co-developer in a $300,000 state-run trial to determine the economic case for a micro electricity grid in Kalbarri that could potentially become Australia’s biggest fringe-of-grid network.

Hong Kong-based Brockman Mining has scored another legal victory in its long-running battle to gain access to railways built by Fortescue Metals Group’s infrastructure subsidiary.

City of Perth Surf Life Saving Club is anticipating membership growth of nearly 50 per cent over the next season as it makes itself at home in swish new premises. 

Shares in Decmil Group tumbled 18 per cent today after the contractor posted a big half-year loss, cut its dividend, and indicated more restructuring was needed.

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.

Takeover target Asciano has lifted its first-half profit on the back of strong coal haulage volumes but warns its earnings for the full-year could still be flat.

WorleyParsons aims to offload more than $100 million of assets after a 77.9 per cent slump in first half profit led it to scrap its interim dividend.

Rival bidders for rail and ports giant Asciano are considering making a joint, all-cash $9.05 billion bid in an effort to seal the long-running takeover battle.

The state government has signalled its intentions to proactively support Western Australian companies interested in growing energy commodity exports to Europe and participating in European Union activities.

CIMIC Group has confirmed a formal contract dispute has been issued to Chevron over work at the Gorgon LNG project, with the construction and contract mining firm claiming it is owed about $2.36 billion.

NRW Holdings emerged from a trading halt this morning with its share price nearly tripling in value on the back of news yesterday that its joint venture with Salini Impregilo had been named the preferred contractor for the $2 billion Forrestfield-Airport Rail link.

RCR Tomlinson shares nosedived this morning after the company announced a 53 per cent fall in profit for the six months to December.

Southern Cross Electrical Engineering says it has won $20 million in new contracts and extensions since the start of the year, including a contract for work at BHP Billiton’s Jimblebar iron ore mine in the Pilbara.

The controversial Perth Freight Link has been put on Infrastructure Australia’s list of high priority projects that would improve living standards and productivity, as part of a 15-year national plan released today.

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.