INDUSTRY NEWS

QLD government committed to infrastructure in the bush

QLD government committed to infrastructure in the bush

The state member for Mt Isa, Robbie Katter hailed last years state budget a win for rural Queensland and the Mount Isa electorate.

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Australia's tallest timber building sells

Australia's tallest timber building sells

Lendlease's first engineered timber office building in Queensland, 5 King, has been sold to Impact Investment Group (IIG), in its second commercial building acquisition in the $2.9 billion Brisbane Showgrounds redevelopment.

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Government gives green light to project in Victoria

Government gives green light to project in Victoria

The Victorian government has given the green light to a major development that will create more than 4000 jobs with many of them in the construction sector.

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MBA issues apology to CFMEU over brochure error

MBA issues apology to CFMEU over brochure error

The ACT branch of the CFMEU have accused the Master Builders Association of the ACT of an embarrassing error which they say shows the MBA has lost touch with its members and are instead focused solely on an ideological war with the CFMEU.

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Caterpillar reports drop in sales and revenue

Caterpillar reports drop in sales and revenue

Caterpillar Inc. has released its fourth quarter and full-year results for 2016, reporting, for one, a loss of US$2 (AU$2.64) per share in the fourth quarter of 2016 compared to a loss of $0.16 per share in fourth quarter of 2015.

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Overcrowded prison gets go ahead for infrastructure expansion

Overcrowded prison gets go ahead for infrastructure expansion

The QLD government has brought forward approval of a $200 million expansion to the Capricornia Correctional Centre in order to ease prison overcrowding and generate much-needed jobs in central Queensland.

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Toowoomba Second Range Crossing construction back in full swing

Toowoomba Second Range Crossing construction back in full swing

Construction of the $1.6 billion Toowoomba Second Range Crossing (TSRC) in Queensland has kicked off with gusto, with activity starting on several fronts in the coming weeks.

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Job registration figures in SA show good growth in construction

Job registration figures in SA show good growth in construction

The SA Government's Job Accelerator Grants, announced as part of the 2016-17 State Budget in July, has helped create more than 4,600 new jobs in the first six months of the program.

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Queensland economy maintains strong growth trajectory

Queensland economy maintains strong growth trajectory

Queensland continues to outperform interstate counterparts according to a series of recent business surveys, private sector forecasters and ABS hard data - contrary to CommSec's State of the States Report.

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Sydney Metro twin tunnels get green light

Sydney Metro twin tunnels get green light

Construction on the Sydney Metro twin tunnels that will run under Sydney Harbour and the CBD will commence this year, after getting the green light for the project to proceed.

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