Adrian Fini and Ben Lisle led property developer Hesperia has launched its first master-planned community in Viveash, as it signs a zero carbon commitment following the Glasgow climate summit.
Boral boss Mike Kane has announced he is standing down after the company confirmed staff at its North American windows business had inflated earnings figures over a 20-month period.
SPECIAL REPORT: The September quarter update to the BNiQ deals database shows that UBS, Sternship Advisors and Azure Capital have been the most active corporate advisers in the Western Australian market.
Midland Brick is coming back into Western Australian ownership, with a consortium featuring Fini Group, Linc Property and Birchmead acquiring the brickmaker from ASX-listed building products supplier Boral for $86 million.
The six-month Plus Eight accelerator program reached its 2018 culmination last night, as seven startups pitched their growth and expansion plans to a sold-out audience.
Midland Brick founder, the late Ric New, has been honoured for his influence on Western Australia's building industry, receiving the Master Builders Association's Robert Law award.
Building products manufacturer Boral has been dented by the continued weak performance of its Western Australian operations, reporting lower underlying earnings and a $20 million asset impairment for its WA bricks business.
Weakness in Western Australia's residential construction sector is throwing up significant challenges for building product manufacturers, weighing on the profits of ASX-listed outfits Brickworks and Boral.
THE State's two major brick producers say they are not
concerned by BGC's planned brickworks operation, which could be up and running
in the next couple of years.
