Queensland lifts O’Rourke suspension ban
The Queensland Building and Construction Commission (QBCC) has lifted the suspension ban of the builder license imposed to the construction firm, Laing O'Rourke, after resolving its financing issue.
The QBCC has suspended the company's license after the disclosed financing concerns. Laing O’Rourke acts as a managing contractor to Queensland's Australia-Singapore Military Training Initiative Facilities project works at the Shoalwater Bay Training Area in the central area.
On March 13, QBCC spokesman has revealed the lifting of the suspension following the increase of AUD32 million (US$22.65 million) in equity held by Laing O’Rourke.
Country updates
-
-
March 14, 2019
Green light for long-awaited Melbourne Airport rail link project
The Victorian and federal governments (Australia) have officially signed off on the long-awaited Melbourne Airport Rail Link (MARL) PPP project. The project will connect Melbourne Tullamarine A...
Read more -
March 12, 2019
Construction commenced for 36 MW EfW project in Kwinana
Australia has commenced the construction of the 36 MW thermal energy-from-waste (EfW) project in Kwinana, in the western region. The power plant diverts 400,000 tonnes of household, commer...
Read more -
March 05, 2019
ANZ Terminals agrees to acquire Australian Bulk Liquid Terminals business of GrainCorp
ANZ Terminals has entered into an agreement with GrainCorp Ltd to acquire its Australian Bulk Liquid Terminals business for a total enterprise value of about AUD350 million (US$248.22 millio...
Read more -
February 22, 2019
Macquarie prepares sale of Hobart Airport stake
Macquarie Group is preparing to sell its controlling stakes in Hobart International Airport located in Cambridge, Tasmania. The facility has a current capacity of 2.4 million passengers annually. It i...
Read more -
February 19, 2019
New Footscray Hospital Project in planning
The Andrews Labor Government is kick-starting work to design and build a new AUD 1.495 billion (USD 1 billion) world-class public hospital in Footscray. Community consultation for the project will get...
Read more
