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Making wavesCommentsPremiumTwiggy pockets paper profit on Austal deal

News that the construction of a fleet of new patrol boats for the US Coast Guard could be worth more than $4 billion to Austal has sent the company’s shares soaring, revaluing Mr Forrest’s 13.8 per cent stake.

Daniel Newell and Sean Smith

More workCommentsPremium$98m contract grows Decmil order book to three-year high

Decmil has added another multimillion-dollar contract to its order book, picking up more work on construction of a ring road around Albany in WA’s Great Southern region.

Daniel Newell

‘Lacks character, honesty’ PremiumTang Legal boss cops life ban over bribe cover up

The State’s highest court has permanently banned the principal of St Georges Terrace law firm Tang Legal over his attempts to cover up a $12,500 bribe linked to a property job referral.

Neale Prior

Industry collaborationCommentsPremiumMeet Woodside’s human-sized cleaning robot

Woodside Energy is pushing further into the robotics space, announcing it has created an offshore caisson cleaning and inspection tool that incorporates a human-sized robot. 

Caitlin Paroczai

Board banPremiumDRA Global bosses banned from board for six months

The ban follows a Takeovers Panel finding last week that the trio breached the Corporations Act by failing to disclose their association to the Australian Securities Exchange.

Sean Smith

Not happyPremiumClough mystified by suggestion of financial difficulties

The Perth-based engineering and construction group has brought in consultants to look over its practices, but says it is debt free and doesn’t have any loss-making projects.

Sean Smith

Profit collapsePremium DRA Global blames contract losses for downgrade

Just a day after being hit by an adverse ruling from the Takeovers Panel, the mining engineering company is now warning of a first-half loss and a collapse in full-year profit.

Sean Smith

Regulatory putdownPremiumTakeovers Panel finds against DRA Global and managers

The panel believes the managers who banded together to force change at DRA breached the Corporations Act by not disclosing their association.

Sean Smith

‘Improper interference’CommentsPremiumRio hit with $106m breach of contract claim

Mining giant Rio Tinto faces a breach of contract claim of $106 million and is accused of “unconscionable conduct” in a mammoth Supreme Court writ over a Pilbara rail construction project.

Adrian Lowe

Taking actionCommentsRio, Worley look to sever ties with Russia

Australian corporate heavyweights Rio Tinto and Worley have moved to sever business ties with Russia amid mounting shareholder pressure for companies to distance themselves from the rogue state.

Stuart McKinnon

New groundCommentsPremiumHow engineer Sravani Mukkisa is breaking stereotypes

Sravani Mukkisa enjoys challenging stereotypes. After all, that’s what has pushed her along in her career and given her opportunities.

Adrian Lowe

Revenue liftLabour squeeze and COVID lead contractor concerns

Despite the skills shortage and virus disruptions, Monadelphous, Perenti Global and Macmahon picked up more business in the December half-year.

Sean Smith

Company finedPremiumWorker’s amputated arm costs engineering firm $200,000

Magistrate sentences company over injuries to worker sustained while he was polishing steel.

Adrian Lowe

EngineeringVaccine production skills continue to fall

A Senate inquiry has heard from two pharmaceutical manufacturers who lost their jobs at the height of the global pandemic.

Alex Mitchell

Historic milestoneCommentsPremiumAustin Engineering delivers 1000th truck body to Rio Tinto

Global mining equipment manufacturer Austin Engineering has celebrated a historic milestone after delivering its 1000th truck body to Rio Tinto.

Caitlin Paroczai

Salary squeezeCommentsPremiumEngineering wages slide despite mining, infrastructure boom

WA has lost its crown for being the most lucrative State for engineers, according to a new report, which shows it tied with South Australia to report the lowest pay packet of the Australian states in 2021. 

Danielle Le Messurier

EngineeringGE to split into three companies

General Electric says it is going to split into three public companies.

AAP

Carbon cutPremiumRinehart’s Roy Hill battery trains a Pilbara first

The next generation of transportation for the iron ore miner will adopt advanced technologies that improve energy efficiency, lower operating costs and improve its rail and mining network.

Stuart McKinnon

‘Flagship’ projectPremium$290m Mt Holland concentrator win for NRW

Engineering contractor NRW has been put in charge of designing and building a $290 million concentrator at Wesfarmers’ $1.9 billion Mt Holland project.

Daniel Newell

Tiny startPremiumAustralia’s new $27b opportunity

A modest Perth lab is home to some of the country’s most advanced research. And now a new report says it could be part of a huge economic opportunity within two decades.

Adrian Lowe

Dividend windfallPremiumWorkers become millionaires as Ertech pays out big

A handful of employee-shareholders at the privately-owned civil construction outfit have now pocketed more than $1m in dividends after a bumper $19m payout that was swelled by the Duratec float.

Sean Smith

Cash bonusesPremiumWA companies unveil incredible perks to attract FIFOs

Companies such as Perenti Global and Monadelphous have revealed their efforts to attract and retain workers amid the State’s ‘unprecedented’ labour shortage.

Stuart McKinnon & Sean Smith

EngineeringAnsell lifts annual profit, dividend

The continuing spread of COVID-19 has helped gloves and protective clothing maker Ansell sharply increase its annual sales and profit.

AAP

Bright outlookPremiumNRW shares surge on optimistic profit forecast

Hampered by the pandemic, the engineering contractor recorded a drop in profit last year.

Sean Smith