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LATEST HEADLINES

Leighton confirms guidance

LEIGHTON Holdings has reaffirmed an after tax profit of between $600-650 million for the 12 months to 30 June 2012. ...

Slightly bigger pay check but uncertainty remains

A MAJORITY of companies increased staff remuneration with fund managers getting the highest pay rise, whilst developers and builders received the lowest, ...

Barangaroo gets started

CONSTRUCTION of Sydney’s $6 billion Barangaroo project will start as soon as possible, said NSW Premier Barry O’Farrell. ... Full story

Another ace in the bag for Lend Lease

LEND Lease has won the tender for the $180 million redevelopment of Margaret Court Arena at Melbourne Park, continuing its winning streak of major projects across Australia. ... Full story

Stockland gets greenlight for Coloundra South

THE Queensland Government has approved Stockland’s new 50,000 people estate on the Sunshine Coast, after the local council abandoned legal action this month to remove the declaration of the site as an Urban Development Area. ... Full story

Coffey Projects completes SA police

COFFEY Projects has delivered the South Australia Police’s $100 million headquarters at 100 Angas St Adelaide. ... Full story

Legendary cricketer teams up with AVJennings

LEGENDARY Australian Steve Waugh, AO, has joined forces with residential developer AVJennings as its corporate ambassador. ... Full story

QLD property icon passes away

QUEENSLAND property and tourism legend Keith Williams, has passed away at the age of 82. ... Full story

Interest rate cut, a front runner for Melbourne Cup

THE prospect of the Reserve Bank cutting interest rates on Melbourne Cup day has increased, according to economists. ... Full story

Leighton ratings lowered

RATINGS agency Standard & Poor’s Ratings Services has lowered its long and short-term corporate credit ratings and debt issue ratings on Leighton Holdings. ... Full story

NABERS moving in permanently

THE transition period for companies to disclose their NABERS environmental ratings is coming to an end this month. ... Full story

Wentworth sells rent roll for $18.3m

MANAGEMENT letting rights group Wentworth has completed its strategic review and decided to sell its rent roll business and assets to a company associated with executive director Charles Tarbey. ... Full story

Hansen Yuncken chalks up $1.2bn in turnover

CONSTRUCTION company Hansen Yuncken has achieved a turnover of $1.2 billion for the 2010/11 financial year. ... Full story

Opus Capital agrees to change accounting

PROPERTY funds manager Opus Capital has given Australian Securities and Investments Commission an enforceable undertaking to change its accounting practises, 14 months after the corporate regulator cancelled the company’s Australian financial services (AFS) licence. ... Full story

Urban Taskforce gives Garry Rothwell top award

WINTEN Property Group founder and principal Garry Rothwell has been named as the Urban Taskforce’s Property Person of the Year 2011. ... Full story

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