News Articles for BGC Australia

BGC subsidiaries Ventura Home Group and J-Corp have temporarily avoided orders to fix several homes amid ongoing legal disputes over burst pipes.

BGC Australia has reported another big operating loss as the restructuring of the group continues but also disclosed a strong operating result in its core building materials business.

This week's appointments include Michael Allan, Penny Fielding, Michael Veletta, Perenti leadership changes, new director appointments at Mineral Resources, and others.

The building materials company is set to have a new chief executive, who will oversee a $27 million investment in the brick manufacturing plant.

The competition watchdog has cleared BGC Australia's sale of its cementitious division, with the business carved up between Cement Australia and Adbri.

One of the state's major builders is critical of the industry's preoccupation with double brick homes, but says it is slowly changing.

Andrew Buckeridge, an heir to part of the immense construction fortune generated by BGC Australia, has died at the age of 62.

BGC Australia and Brickworks have settled a legal dispute in which the latter accused the Len Buckeridge-founded group of predatory pricing.

A third of this year's winners were WA companies, making it the state's best showing since the program began in 2019.

The Julian Ambrose-led company has ambitions to be one of the state's top 10 builders.

There have been big shifts in the ranking of WA's largest, and most profitable, private companies over the past year.

With the Georgiou family close to selling its namesake company, we look back at major family business sales in WA and how much they raised.

BGC Australia has announced its largest asset sale, with its cementitious division being sold to industry heavyweight Cement Australia in a deal worth close to $800 million.

The falling iron ore price has had a big impact on WA's wealthiest.

BGC has started construction on tens of millions of dollars' worth of infrastructure in a bid to start producing “green cement” after inking a deal with a lithium heavyweight.

BGC Australia has returned to the black after two years of big losses, helped by major asset sales, but acknowledged its continuing operations are still trading in the red.

The Silvestro family-led company has almost doubled its volume of home starts in the past 12 months, in a shake-up of the state's residential building industry.

Ten years on from the death of its founder, BGC Australia has dramatically slimmed down.

The boss of residential building company JWH has criticised the state government's proposed legislation around the Iplex pipes issue, echoing concerns of industry.

Automotive retailer Regent Motors has pushed homebuilder BGC Australia out of the top 10 private companies based in Western Australia after cracking the $1 billion revenue milestone.

Iplex Pipelines and the state government have agreed to provide up to $150 million as part of an industry deal to repair damaged houses but BGC Australia is not participating.

The Perth home builder's legal move is additional to a class action against pipe manufacturer Iplex and comes after it spent $18 million repairing damaged properties.

BGC director Julian Ambrose is purchasing the commercial building division, via a share sale.

Records show that an entity owned by Regent Motors boss Tyson Sutton bought the Osborne Park property for $19 million this year.

The company at the centre of a long-running dispute with Perth home builder BGC over responsibility for thousands of burst pipes has been hit with a class action.

A class action lawsuit against three BGC Housing Group companies has commenced in the Supreme Court of WA on behalf of thousands of aggrieved homeowners.

The Buckeridge Group of Companies has relaunched its sales process, putting its cement division on the market.

Tradition and history are strong motivators driving the state's WAFL clubs, which are exploring new revenue streams and shoring up supporter engagement.

BGC Australia has disclosed a flurry of changes to its board and senior executive team including Andrew Buckeridge stepping down as a non-executive director.

Our weekly appointments wrap includes Sophie Hancock, Sabina Shugg, Cliff Winby, Matt Fulton, Steve Lawrence, Neil Hamilton, Jennifer Seabrook and Stuart MacNaughton.

Mark Beyer and Mark Pownall discuss changes at BGC, APM and Austal ownership, Quintis in receivership, and home market data.

BGC chairman Neil Hamilton has stepped down after more than five years in the role, with Jennifer Seabrook taking his place as the board continues to pursue a sale of the business.

Mark Beyer and Jack McGinn discuss BGC results; home building incentives; housing price hikes; Rio royalty payments; Harvest Road's loss; all the action in lithium; Satterley's LWP deal and Cottesloe preselection.

The result follows a $41.6m loss in 2022 and comes at a turbulent time for the building and manufacturing giant.

The proposed class action lawsuit against Perth builder BGC is set to commence in the new year with thousands of delay hampered homeowners having registered.

BGC is concerned its employees could be targeted by abusive behaviour on social media after an aggrieved customer uploaded a parody video about building delays.

BGC has been taken off the job, after it unexpectedly downed tools at the $140 million project.

In this podcast: Mark Beyer and Mark Pownall discuss FMG; Austal; IR reforms; office occupancy; Burswood Park; apartment dramas; Scyne Advisory; CEO salaries and WA's biggest employers.

The apartment advocacy group says at least 15 buyers are looking to exit their contracts to buy into the development.

Major players in the homebuilding industry are focusing on training future generations of construction workers.