Michael Arnett just survived Thursday’s vote at NRW’s annual general meeting in Perth, with 48.6 per cent of voted shares directed against his re-election.
Sean Smith
A $650 million contract haul lifted shares in Subiaco-based contractor SRG Global on Tuesday, bolstering a run that’s seen the company double its stock price in the past 12 months.
Simone Grogan
Two years on from putting their houses on the line to start an Aboriginal-owned contracting company, the founders of Winyama are seeing their hard work rewarded.
Danielle Le Messurier
It’s been a seven-year journey to build Australia’s first major waste to energy power station but contracting giant Acciona will hit the finish line on Friday.
Matt Mckenzie
An Aussie company has signed a $750m maintenance contract for two giant Pilbara gas facilities.
Monadelphous stock spiked on Monday after telling investors to expect higher revenues and adding to what the engineering contractor has already billed a record year for new work.
Co-founder Chris Prior will stay at the helm of privately-owned Pilbara Rail Maintenance despite striking a lucrative deal with an Italian rail infrastructure major.
WA based shipbuilder Austal will take over the design work for a $2 billion project to build army landing craft at the Henderson shipyard, amid concerns the program is already falling behind schedule.
Andrew Greene
The WA civil contractor’s revenue of $457.8 million, up 9.3 per cent, was Ertech’s highest ever, while net profit doubled from $15.7m to $31.7m.
Chair Michael Arnett, chief executive Jules Pemberton and long-standing board member Jeff Dowling have sold slabs of their holdings into NRW’s record share prices in the past few weeks.
A bitter battle over a battery in Wagerup has headed to the Supreme Court as Alinta Energy sues two contractors over almost $110 million of equipment.
Indigenous businesses are continuing to grow as their goods and services are in high demand from government, corporate and non-profit organisations.
Keira Jenkins
The purchase of the marine infrastructure group will boost SRG’s annual revenues by $200m, add 500 workers to its roster and deliver shore bases in Fremantle, WA’s North West and Gladstone in Queensland.
Mark Norwell is unexpectedly set to finish up as the chief executive of mining services contractor Perenti next year, with his successor yet to be appointed.
Adrian Rauso
Shares in Perth 3D modelling and extended reality firm Vection Technologies gained nearly 30 per cent after locking in a substantial suite of work with a NATO-approved customer.
The State’s biggest grain handler is refusing to back down despite a big setback in a knotty $22 million contract quarrel over the build of a rapid loading station in the Great Southern.
WA company promoter Craig Burton has sold three million shares, reducing his stake in the mining vehicle maintenance group to 16.2 per cent.
NRW shares visited highs not seen since WA’s 2012 mining boom after revealing a $200 million deal set to expose the contractor to new work on data centres, defence and national infrastructure builds.
Simone Grogan and Daniel Newell
Mineral Resources’ key project is hitting its stride but flogging off mines, another truck rollover, and uncertainty about Chris Ellison’s tenure — and his voice — shows the chaos is yet to leave.
The mining fleet services company is now tipping it will finish its five-year strategic plan by increasing revenue at least 15 per cent in 2026, aided by a rebound in Canada and the US.
Investors have welcomed a bolstered balance sheet from Perenti, but the listed contractor has had to assure it will ‘remain vigilant’ after failing to reduce injury frequency rates during the year.
NRW has copped a hefty blow to its 2025 profit numbers after being left with no choice but to write off the $110 million the contractor is still fighting to pry from the Whyalla Steelworks wreckage.
The electrical contractor’s full-year profit marched 44.5 per cent higher to a record $31.7 million as increased work servicing infrastructure and commercial developments sent revenue up 45 per cent to $801m.
Shares in family-controlled manufacturing firm Veem have surged after landing another six years’ worth of work with Australian submarine builder ASC.
