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Construction

This Month

A $600 bathroom tap that saved over $30,000 in Double Bay

This 1990s apartment was good quality but dated. The new owners wanted to give the bathroom a makeover but not an expensive one.

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Luxury apartment prices jump by $125,000 as war sends build costs soaring

Rising energy costs are quickly making their way through the construction sector, posing a further threat to the feasibility of projects.

An artist’s impression of the Gabba Stadium, to be built ahead of the 2032 Olympic Games.

Two groups are vying to rebuild Gabba precinct ahead of Olympics

The decommissioned Gabba will eventually be replaced with a housing, retail and hospitality precinct after the 2032 Olympic Games.

Plastic pipe prices are increasing by as much as 36 per cent at the bathroom and plumbing suppliers giant Reece Group.

Reece pushes 36pc price rise on plastic pipes in building cost shock

The bathroom and plumbing giant is one of several construction materials suppliers warning that the war in the Middle East is forcing big cost increases.

Steel suppliers have lifted prices by as much as 15 per cent in the past fortnight, with more to come, as fuel costs soar and inflation works its way right through the construction industry.

Iran fuel crisis points to higher construction, home building costs

Energy prices and the cost of freight have soared since the conflict in the Middle East, leaving building materials companies scrambling to pass on the bill.

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Boral’s new CEO Matt McKenzie, who starts on April 1. He takes over from Vik Bansal.

SGH appoints insider to lead Boral after Bansal-led transformation

Vik Bansal, who ran the concrete and asphalt division since late 2022, says he achieved everything he set out to do in getting the business into better shape.

Home price growth flattens as buyers diminish, sellers rush market

Uncertainty stemming from the Middle East war is reducing home buyer numbers as vendors rush to sell and real estate agents warn of higher construction costs.

Glenvill boss Len Warson in 2019.

Building regulator warns of consumer hit from Porter Davis-type failure

The state’s Building and Plumbing Commission lays charges against builder Glenvill, saying some players have not taken consumer reforms on board.

Ben Cottle is the founder, majority owner and chair of FDC Building.

Construction giant FDC road tests IPO pitch

It claims to have $2.3 billion of work in hand, which should bolster $1.5 billion revenue that it generated in the 2025 financial year.

Victrorian infrastructure boss Kevin Devlin and Premier Jacinta Allan

Infrastructure boss ‘warned’ Allan as CFMEU ran rampant

Leaked documents also show the man in charge of Victoria’s $100 billion Big Build was part of discussions that estimated union misconduct added 30 per cent to its costs.

Raising the roof: But there are still not enough large apartment towers going up in Melbourne, Sydney and Brisbane because they are not feasible, Charter Keck Cramer says.

Softer lending rules tipped to push unit completions to five-year high

The boost in activity doesn’t mean the development cycle has turned. Most new east-coast apartment projects still aren’t feasible to develop.

An estate not a house: Construction boss to sell $25m waterfront home

A waterfront estate in Sydney’s Bayview is vying for the suburb record, while a Northbridge compound that sold for $42.75m last year is returning to the market.

Clough CEO Peter Bennett at the APPEA conference in Perth in 2021.

Clough CEO Peter Bennett dies at 59

Peter Bennett, the Perth businessman who spent more than a decade at the helm of construction group Clough, died just two weeks after appearing at a conference.

Luxe developer plots $20m penthouse on blue-chip Brisbane riverfront

After acquiring a St Lucia riverfront site for $17 million, prolific Brisbane developer Graya is planning a luxury tower with a $20 million penthouse.

Fleetwood’s modular prison cells under construction.  

Builder Built on the hook for $220m defective prison cell claim

The contractor has lost a Supreme Court effort to avoid liability in a Victorian dispute of modular jail cells that leaked and rusted.

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Ausco owned by Brookfield is a big player in portable buildings, including offices, accommodation and first-aid rooms. 

Brookfield shops $500m-a-year portable building giant Ausco Modular

Ausco is one of the biggest players in portable buildings in Australia. It’s hit the auction block as its London-based parent tries to lower debt levels.

Rob Gray outside a Graya development in New Farm where pro golfer Cameron Smith bought the penthouse for $10 million.

Developer wins over celebs but unsettles Brisbane’s old guard

Sporting stars Ash Barty and golfer Cameron Smith are among the high-profile buyers to fork out millions for one of Graya’s sleek, luxury homes.

Ben Cottle is the founder, majority owner and chair of FDC Building.

Construction giant FDC prepares IPO, brings in bankers

Shape Australia Corporation, capitalised at $563 million, is FDC’s closest listed comparable.

BlueScope CEO Tania Archibald said the complaints by POSCO to the Anti-Dumping Commission about the company’s approach were totally separate, and had no impact on the  Whyalla steelworks consortium, which was still intact.

BlueScope cops stinging attack from Korean partner over dumping probe

POSCO says BlueScope’s pursuit of tariff protection is at odds with its strong performance and higher payouts, which have attracted a $14.2 billion takeover bid.

A Mick Gatto-linked company is working on the North East Link government project in Victoria.

Gatto-linked firms could be kicked off Big Build sites

One Victorian government agency has suspended companies linked to underworld figure Mick Gatto from future contracts.