Boral has urged shareholders to reject an "opportunistic" $8 billion takeover offer from Seven Group, saying the bid undervalues its target.
The diversified investment group says it would be happy to lift its holding in the building products company to 30 per cent.
The US giant had hoped to accelerate development of its Kemerton plant but the tight construction labour market in WA has cruelled its plans, forcing it to stick with its original schedule.
The squeeze is set to tightest for sectors like construction, transport and agriculture that cannot compete with the rapidly rising salaries being offered by big miners.
Millions of dollars worth of equipment from the Forrestfield-Airport Link project will be auctioned online to a global audience over the coming months.
Nearly 80 new homes were approved every day for the first three months of the year as WA’s housing construction industry roars back to life following years in the doldrums.
The Springs urban renewal precinct in Rivervale is taking shape with a proposal for a 15-floor apartment tower — well above the nine-storey limit.
The construction industry continued to expand close to the record pace set in March, with activity in April remained buoyed by house building.
NRW subsidiaries have added more than $160 million to the group’s pipeline of works after securing two big contracts within WA’s booming resources sector.
CIMIC Group has won a contract to deliver the expansion of WA’s Casuarina maximum security prison south of Perth.
Developer Brookfield Properties was due to break ground in June but contractors have reportedly been stood down until further notice.
A builder has been exposed for falsely claiming “high-end homes” were the work of his own company in an attempt to lure prospective clients in Perth’s south.
Plans for King’s Campus in the City Link precinct will include balcony offices, a vast tree canopy and calming biophilic finishes, including stone and timber.
Revolutionary robot bricklaying technology is to face its first public litmus test, with WA’s first robo-home to hit the market this week.
An administrator has been forced to call on outside help to complete work on four Perth schools in time for the new WA term.
WA’s peak building body has called on the State and Federal governments to provide tradies with free accommodation and $2000 bonuses if they move north to work in the cyclone-ravaged Mid West.
It was inconceivable a year ago to think that during a global pandemic, business and consumer confidence would surge to levels not seen since the mining investment boom of more than a decade ago.
Leederville’s first new residential high-rise — a nine-storey tower slated for Vincent Street — appears to have in-principle support from locals.
Cottesloe and Leederville are 12km apart on a map but world’s apart when it comes to medium-density high-rise.
His Majesty’s Theatre in Perth is to get a $15 million makeover to return the grand old heritage building back to its former glory with restored balconies.
The Mid West holiday town of Kalbarri is in ruins with 70 per cent of the town damaged and locals describing it as a ‘war zone’.
Growth in manufacturing and construction has seen WA top National Australia Bank’s latest business confidence survey, as conditions nationwide hit record highs.
After ushering in a deal to get the Thunderbird mineral sands project off the ground, CEO Bruce McFadzean will give up the role to take a seat on the board.
Bruce Nicholson has been running scaffolding company Waco Kwikform for only about 18 months.
© West Australian Newspapers Limited 2020