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👷 Easy, affordable insurance for tradies including builders, electricians, painters, plumbers, tilers & more.
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#insurance #trades #tradies #tradespeople #carpentry #business #protection
One of Australia’s largest publically listed construction companies RCR Tomlinson has collapsed just a few months after raising over $100 million from investors, with the company blaming an inability to secure additional funding as the reason for the business’ collapse.
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The business was placed into a trading halt on November 12, and the business was suspended from official quotation two days later at the request of the directors. A week on from that announcement, the company’s suspension was extended and it revealed a class action had been filed against it by shareholders.

#construction #constructionnews #industrynews #investment #constructionworker #builder #businessnews #builders #business
Scania’s first new truck generation XT mining chassis have arrived in Australia and will be used by a mining company in the Pilbara, Western Australia.
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The tailor-made Shermac bodies are more than double the capacity of those fitted to traditional road-going trucks used on mine sites. They are designed to replace mine-specific road train combinations. 🚛🚛⛏️⛏️
Scania’s XT trucks offer the customer a more cost-effective solution to the requirement for dust suppression and road building assistance on site, according to the company.

#mining #miningequipment #scania #pilbara #australia #westernaustralia #minesite
According to research by The Australia Institute, a rapid shift to renewable energy wouldn’t just clean up electricity generation, it would create an employment boom with as many as 60,000 new jobs!
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And the total would at least match the numbers employed in coal-fired electricity generation, new research released today has found. 👷👷👷 From 7300 to 12,500 jobs a year would be needed for operation and maintenance of electricity generation without fossil fuels, and when manufacturing of equipment is included, the employment pool could be boosted by 18,000 to 59,000 jobs, the research found.

#solarenergy #renewableenergy #australia #jobcreation #workers #industry #technology
Robotic technology company FBR Limited announced last week that the Hadrian X, the commercial version of its robot, built a 180 square metre, three-bedroom, two-bathroom home in less than the targeted three days. 👷👷👷
The following video appeared on the company’s YouTube account this morning.
Caterpillar now has the option to buy $US10 million ($AU13.5 million) in shares at $0.24 until the end of January 2019.
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Do you think this could affect the construction industry?

#construction #bricklaying #bricklayer #australia #brickies #housing #constructionworker #automation #technology #bricklayers #tradies
@absstats (Australian Bureau of Statistics) figures show the mining industry has contributed 8.8% of the country’s gross value in 2017–18, a figure around 87% higher than 1994–95 levels (4.7%)!
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“In the past 12 months the Queensland resources industry has added 10, 000 new jobs — or a new job every 40 minutes. And resources account for 80 per cent of Queensland’s exports. 👷👷👷
“The latest ABS study points to the fact that the increase in mining investment in recent years will lead to higher levels of mining production.”
👷👷👷 #mining #miningindustry #miningaustralia #miningjobs #australianmining #industrynews #australia #tradies #miner #miners #australiangovernment
A public examination will be held into the collapse of two major Queensland construction companies which the Government says left hundreds of small businesses, subcontractors and suppliers unpaid. 👷👷👷
The Queensland Building and Construction Commission (QBCC) is contributing $300,000 for inquiries into both Cullen Group and Queensland One Homes, which are said to have had "significant" ramifications on the construction industry. 📉📉📉 Cullen Group collapsed in December 2016, leaving 500 creditors owed more than $18 million, while Queensland One Homes was left owing $6 million when it went into liquidation in July 2017. 
#construction #constructionworker #builders #contractors #subcontractors #queensland #smallbusiness #queenslandbusiness #australiangovernment #liquidation #smallbusinessowner
Labor could impose its plan to curb negative gearing as early as July and is refusing to bow to rising pressure from industry leaders who warn that the housing policy could slash construction by up to 42,000 homes over 5 years!
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The Property Council of Australia and the Housing Industry Association said the effect of the policy, which on current estimates would raise $20 billion in revenue over 10 years, could worsen a softening housing market.
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The nation’s biggest residential developer, Stockland, cautioned yesterday that the plan had the potential to distort Australia’s $7 trillion housing sector and hurt the first-home buyers it was trying to help.
🏘️🏘️🏘️ #housingmarket #labor #australia #alp #housing #propertydevelopment #propertymarket #propertyinvestment #negativegearing #laborparty
Kia could have a dual-cab ute to rival the Ford Ranger and Toyota HiLux on the market by 2022, as the Korean brand looks for new ways to grow its market share in Australia!
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Kia has a 5.3% share of the Australian car market - and wants a bigger chunk by 2022.
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Speaking with media this week in Melbourne, Kevin Hepworth, Kia Australia communications boss, said the company is “fairly confident” it could have a light-commercial line-up on the road in 2022.
🚘🚘🚘 #kia #utes #ute #workvehicle #carmarket #vehicles #tradies #tradesman #tradesmen #australia #cars #dualcab #aus
Australia’s construction industry booming, say industry analysts!
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While the number of commercial projects reported for the month of September dropped from August, the total project value increased by 500 percent, largely attributed to Shell’s $2 billion floating liquefied natural gas refinery moving to construction.
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The civil engineering sector continues to dominate, accounting for nearly 78 percent of the total project pipeline value, thanks largely to Melbourne’s second metro tunnel with an estimated build cost of $23 billion.

#construction #constructionworker #housingmarket #engineering #civilengineering #tradies #tradesmen #tradesman #australia #constructionindustry #melbourne
The world's biggest miner, BHP, says its first-quarter iron ore production has risen eight per cent on strong Chinese demand for high-grade ore, but cut its fiscal 2019 guidance for copper production, citing outages at key mines.
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BHP trimmed its 2019 copper production forecast by about three per cent to a range of 1.62 million tonnes to 1.71 million tonnes, citing reduced production at its Spence and Olympic Dam mines in Chile and Australia, respectively.

#mining #bhp #ironore #coppermine #ironoremine #australia #china #ironproduction
A MASSIVE gold nugget worth at least $110,000 has been uncovered by a prospector in remote Western Australia!
⛏️⛏️⛏️💰💰💰 The retired man, who doesn’t wish to be named to protect his identity, says he’s been combing the same patch in the northern Goldfields with a metal detector for years, but struck it lucky with better technology.
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“When I had finished digging it out, I just thought ‘Oh my god’,” he said of the find, a 3.23kg specimen containing 68 troy ounces or 2.11kg of gold!

#mining #gold #goldmine #goldfindings #australia #westernaustralia #miningaustralia #goldminer #goldmining #mininglife #goldmines