Today
Sanjeev Gupta calls in rival to help Whyalla steelworks strife
Steel traders say customers of the Whyalla steelworks, which has been offline for almost two months, are ordering supplies from Asia amid uncertainty over a restart date.
- 6 mins ago
- Simon Evans
- Exclusive
- Property development
Red tape puts Labor’s $10b HAFF housing plan at risk
The federal government, set to fall 300,000 homes short of its 1.2 million target, faces another hurdle over workplace health and safety certification.
- Michael Bleby
This Month
- Exclusive
- Tax avoidance
Tax office moves on administrators in ‘$180m tax fraud’
The administrators of a formwork company involved in what could be the country’s biggest tax fraud are facing court action for reducing an $11 million payroll tax debt to just $1.
- David Marin-Guzman
$10b housing fund should be doubled, community providers say
The massive response to the federal government’s first tender to develop affordable and social rental housing shows more funding is needed, developers say.
- Michael Bleby
A housing boom is coming – for the wealthy
Investors, downsizers and upgraders will drive the next wave of residential development. First home buyers will hardly get a look in.
- Michael Bleby
Crown Group’s divorce nears finish as assets get divvied up
Since liquidators were appointed to Crown Group, the founders have bought assets from each other while selling unfinished projects to repay lenders.
- Campbell Kwan
- Opinion
- Property development
Housing construction is collapsing around Australia. Here’s why
Developers can charge buyers more, or the costs can come down to make apartment developments viable. It’s clear which is better, Robert Harley writes.
- Robert Harley
Court intervenes as workers clash during CFMEU strike
The builder of Queensland’s biggest infrastructure project has won urgent orders to stop the union’s alleged unlawful behaviour after footage emerged of brawls and punch-ups between construction workers.
- David Marin-Guzman
April
Downer EDI and council workers were ‘seriously corrupt,’ ICAC finds
Former employees of Downer EDI were corrupt on transport projects and the company did not always comply with rules dealing with subcontractors, investigators found.
- Jenny Wiggins
Lendlease needs ‘wholesale change’ now: Allan Gray boss
Allan Gray boss Simon Mawhinney says change that would restore shareholder confidence in the property developer should come immediately.
- Michael Bleby
Tanarra sharpens criticism of Lendlease’s Lombardo, Ullmer
John Wylie’s firm has been calling for major changes at the property group. In a letter to investors, it makes clear its views of the company’s chief executive.
- Kylar Loussikian
High costs to delay housing supply until end of decade: AFR survey
It’s a case of simple economics choking off the desperately needed supply of new housing as building costs rise faster than house price growth.
- Nick Lenaghan
Shadow of Bob Day clouds building sector as Collier Homes fails again
The former Family First senator’s WA building company, acquired out of liquidation in 2016, has once again gone under.
- Michael Bleby
Building materials supplier Lutum goes into administration
The move by directors to try and salvage the Boral spinoff shows casualties in Australia’s precarious home-building sector have spread well beyond builders.
- Michael Bleby and Simon Evans
NSW government must ‘consult’ before changing WestConnex
Transurban has confirmed that the state cannot alter the structure of WestConnex without permission from the toll road group, a hearing revealed.
- Jenny Wiggins
Data centre builders fight infrastructure for heavy cranes
Demand for the heaviest type of crane has pushed up costs at twice the rate of ordinary commercial cranes. And there aren’t enough of them.
- Michael Bleby
- Exclusive
- Workplace culture
Construction’s long hours put next generation of workers off
A new industry survey shows working conditions in an industry already struggling to attract women are also putting off the next generation of men.
- Michael Bleby
Toplace creditors vote to defer liquidation in hope of better return
Creditors of the collapsed developer founded by wanted fugitive Jean Nassif have voted for a scheme that may get them a better payout.
- Larry Schlesinger
- Exclusive
- Commercial real estate
Japan investment in Australian real estate hits $2b record
Japanese investors are tapping Australia’s population growth through commercial property.
- Michael Bleby
More Queensland construction workers to get at least $200k a year
Civil contractors say the Queensland Labor government has “created a monster” with its civil project conditions that are lifting costs for everyone.
- David Marin-Guzman