Grocon Owes Creditors $60 million dollars.
Opal Tower Builder, Icon, has won an important legal battle with their insurance providers.
Completed work in the construction sector has plunged for the fifth consecutive quarter.
Qantas #Tourism #HeiseSays Qantas has grounded a third plane over safety repairs. A sign of an ongoing concern or evidence that they are identifying issues early? References https://www.qantas.com/au/en/about-us/our-company/our-departments/engineering.html Qantas confirms cracks found in three Boeing 737s https://www.abc.net.au/news/2019-11-01/qantas-says-three-boeing-737-found-with-cracks/11661320
#CBUS #CollinsArch #PrecastIssues Work has been halted on CBUS’s Collins Arch project at 447 Collins Street in Melbourne because of Pre-Cast Column issues. Given recent events at Opal Tower, it is not surprising that people are concerned. References Precast column movement concerns stops work at CBUS 447 Collins Street, Pantscaper twin tower projecthttps://www.propertyobserver.com.au/forward-planning/investment-strategy/property-news-and-insights/97069-precast-column-movement-concerns-stops-work-at-cbus-447-collins-street-pantscaper-twin-tower-project.html China’s strangest […]