Less than a decade ago Gladstone was on property investors' wish lists, but today 80 per cent of homes are selling at a loss. For Phillip and Aleisha it means struggling with a home they can't afford to sell or rent.
A report identifies serious issues with the awarding of the 168-hectare former Berrimah Farm site to Halikos Group in 2015, under the Country Liberal Party, including that the valuation of the land was rushed, no cost-benefit analysis existed and financial and reputational risks were not adequately mitigated.
Transport Minister Rita Saffioti has admitted she knew one of two tunnel boring machines on the Perth Airport Link had been shut down due to "ground disturbances" just days before she toured the project to talk up its progress.
One of the two tunnel boring machines being used to create the new Perth Airport rail link has been shut down for more than a month after problems surfaced with the high-profile public transport project.
Work is well underway on Colombia's US$453.43 million Conexion Pacifico II highway project. The construction work for the 96.5km highway is around 33% complete at this stage. Work is also underway on the 2.5km-long twin tube Mulatos tunnel, with around 700m having been driven so far and this portion of the project is costing nearly […]
Interest has been strong in the tender process for Uruguay's Road Corridor Number 5 project. The design, finance, build, operate (DFBO) contract is for a 188.4km section of highway, which includes a stretch of Ruta 14 as well as a section of Ruta 15. Bids have been received from Mota-Engil Peru and Consorcio Atlantico (made […]
Paraguay is making progress with key public works projects as key contracts are now being awarded. Of prime importance is the contract for a stretch of the Corredor Bioceanico highway that will run across the country, which has been awarded to a consortium, Consorcio Corredor Vial Bioceanico. This 227km stretch of the bi-oceanic highway runs […]
Construction work is restarting on Melbourne's West Gate tunnel project. Construction of the tolled tunnel link is costing US$5.2 billion (A$6.7 billion). The project is controversial and has met with considerable political opposition in Australia. Those against the link say that building a second river crossing is not necessary and that it will merely increase […]
A series of road repair contracts are being carried out now in South Africa. Bakwena, a road construction and maintenance firm, is maintaining and upgrading road infrastructure along the 385km of the N1N4 in a deal worth US$84.6 million. Meanwhile the contractor Raubex Construction is working on a $49.22 million project for a new link […]