News Articles for BGC Australia

In this podcast: Mark Beyer and Mark Pownall discuss opposition fracture; Perth house prices; RAC Insurance; Pioneer Credit; BGC stoppage; Hancock Prospecting; Azure Minerals, and private companies wrap.

BGC has told workers to down tools at the $140 million apartment development, amid a dispute between the builder and developer Iris Residential-PW.

The homebuilding sector has a strong outlook, but there are still challenges to overcome.

Fletcher Building says the mass failure of plumbing pipes it manufactured are confined to the Perth market and asserted the problem lies with defective installation.

WA group BGC will sell its fibre cement business for an undisclosed price under a deal with Belgium-based building materials manufacturer Etex.

BGC Australia has estimated it will cost more than $700 million to fix burst pipes that were installed across thousands of homes in Western Australia.

In this podcast, Mark Pownall and Jack McGinn discuss the latest on Chevron's IR deal, WA's top builders, potash deal, road funding, battery contacts, Synergy, Water Corp, tower plans, barramundi and Twiggy's mansion.

The Dale Alcock-led group has started on more home builds than any other WA builder, while BGC has seen a dramatic drop in home starts.

The Perth law firm prepared to represent hundreds of aggrieved homeowners in a class action against BGC Housing Group has assured participants concerned over backlash.

A group of aggrieved homeowners have gathered outside the State Administrative Tribunal to protest against BGC Housing Group, the subject of a proposed class action lawsuit.

UPDATE: BGC says it will “vigorously defend” any lawsuits launched by a homeowner's group that secured funding to pursue a potential class action against the builder over chronic construction delays.

The state government's Building and Energy department has released its findings from an investigation over pipe leaks across Perth homes, with the results welcomed by builder BGC.

Commercial builders are paying close attention to the jobs they take on, given the volatile nature of the construction environment.

Osborne Park-based construction company Universal Constructions has survived 70 years in business.

A dispute over an allegedly toxic environment in a Wembley house built by Ventura Homes has escalated to the Supreme Court of Western Australia.

Mark Pownall and Matt Mckenzie discuss the latest on Perdaman, new inflation and export data, expansion of Morley Galleria, mining results, health expenditure and BGC.

Ventura Homes backtracked on a promise to complete construction of a new house just weeks after a SAT battle over delays to the building was scratched.

Mark Pownall and Mark Beyer discuss the latest on housing shortages, property prices, interest rates and tourism numbers.

Analysis: The loss-making homebuilding arm of BGC has an uncertain future after announcing today it would stop new sales; more than 60 years after the business was founded.

A dispute over the estate of late BGC founder Len Buckeridge, believed to be worth more than $2.5 billion, has continued to play out in the Supreme Court of Western Australia.

The ASX-listed brick manufacturer is considering leaving the state as it posts a loss on its WA operations.

Mark Pownall and Mark Beyer discuss BGC, CoreLogic, Real Estate Institute of WA, Silverleaf Investments, MTi Group, BDO, ASIC and changes to superannuation.

Liv Declerck speaks with senior journalist Matt Mckenzie about some of the workforce constraints facing the state's aged care providers.

It might seem ambitious for a new business to promise to build homes for 84 customers. But that's exactly what one salesperson did in a single month in 2020.

A major WA homebuilder has had significant sales caps in place since June 2022, while the state government says it will consult on reform options for the construction industry.

Our updated ranking of WA's largest and most profitable private companies has a mix of familiar and little-known names.

Business News values the assets of WA's richest people, and explores how they've used that wealth in 2022.

Plans for a mid-tier public transport network connecting infill suburbs is gaining traction with industry.

Mark Pownall and Mark Beyer discuss Clough, Mrs Macs, BGC, a film studio in Malaga, Alannah MacTiernan, industrial relations, Liberal Party WA, Sharon Warburton and WA's biggest accountants.

BGC was the second major residential builder this week to paint a picture of how dire the sector is, posting a big annual loss.

Residential builders are returning to normalised levels of activity.

BGC has shed more light on its ongoing restructuring, with its FY21 annual report detailing more asset sales, a fall in revenue, a slender profit and a big dividend.

Fremantle Ports has commenced its first major capital project in more than a decade and its chief executive is hoping to proceed with at least two more upgrades.

The construction giants remain the top two builders in WA, but their housing starts have diminished by close to 50 per cent in FY22.

Maddington glass supplier Modern Glass is resuming its operations after its former owner came out of retirement.

BGC's board has hit pause on plans to sell the Buckeridge family's billion dollar building products company as it grapples with supply chain challenges and industry-wide labour shortages.

The McGowan government has committed $10 million to a renewable hydrogen fuel project being driven by Woodside Energy's H2 Perth.

Family offices are becoming more prominent in the investment space.

Corporate advisers expect a more difficult market after a very buoyant period, but also see a silver lining.

WA building companies are learning from the collapse of competitors over the past 12 months.