An artist's impression of the Waterbank project, released in 2012.

Waterbank timetable slips further

Lend Lease says it is still working towards submitting a development application for the first stage of its long-awaited $1 billion Waterbank project in East Perth; but according to its half-year report, the developer doesn’t expect the project to contribute to its earnings until the 2019 financial year at the earliest.


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Total Shareholder Return as at 30/09/16

1 year TSR5 year TSR
177thCIMIC Group70%16%
310thAGL Energy24%12%
435thOrigin Energy4%-11%
709 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar


12th-CIMIC Group$13,325.4m
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15th-AGL Energy$11,175.0m
77 listed non wa companies ranked by revenue.
Source: Morningstar

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