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  • Transfield wins $240m contracts | Business Spectator
    to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Transfield wins 240m contracts 13 Dec 2013 10 40 AM Industries Construction and Engineering Professional Services Group unveils series of contracts and extensions including with WA govt Telstra You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password By a staff reporter Transfield Services Ltd has secured 240 million worth of contracts across its Australian and New Zealand operations including extensions on its existing contracts with the Western Australian Department of Housing and Telstra In a statement to the Australian Securities Exchange Transfield unveiled a one year 75 million extension of its contract with the Western Australian Department of Housing to continue to manage the repairs and maintenance of the Department s public housing in Perth In addition it said it had secured a two year extension of its contract with Telstra Land and Building L B to provide design construct and project management services to Telstra s critical network assets Transfield said the contract includes and a one year extension option The group also flagged it will increase its market share in the Australian toll roads and tunnels sector securing contracts for the Hills M2 Motorway and Lane Cove Tunnel in Sydney The scope of work includes operation and maintenance of all civil mechanical electrical and tolling assets on these major Sydney road networks the group said Transfield said the operations component is a one year contract while the maintenance component is a five year contract Finally Transfield unveiled a new two year contract with Queensland Health to provide asset and building maintenance at the Gold Coast University Hospital The

    Original URL path: http://www.businessspectator.com.au/news/2013/12/13/construction-and-engineering/transfield-wins-240m-contracts (2014-01-13)
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  • Leighton gets Hochtief visit: report | Business Spectator
    And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Leighton gets Hochtief visit report 12 Dec 2013 1 27 AM Industries Construction and Engineering Boss of major shareholder to attend meeting Gorgon problems head agenda You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password The chief executive of Leighton Holdings largest shareholder is this week visiting Australia for the first time since news of an alleged bribery in Iraq broke according to The Australian Marcelino Fernandez Verdes the boss of German based Hochtief will attend a board meeting in Sydney tomorrow with the troubled Gorgon jetty project in Western Australia considered likely to get most of his attention Leighton is pressing for more money from client Chevron due to rising costs particularly labour and development delays with the overrun now rumoured to be upwards of 2 billion according to the report Leighton s claims may be rising by as much as 80 million a month and analysts contend the company needs several hundred million dollars in cash before year s end or risk a severely dented cashflow position The Australian reported Hochtief which is controlled by Spain s Grupo ACS owns 56 5 per cent of Leighton stock Print this page Related articles 10 Jan New home sales lift

    Original URL path: http://www.businessspectator.com.au/news/2013/12/12/construction-and-engineering/leighton-gets-hochtief-visit-report (2014-01-13)
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  • Construction and Engineering | Business Spectator
    Deals Policy Politics Smart Energy Latest stories The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Construction and Engineering APA upgrades earnings guidance Gas infrastructure company increases EBITDA forecast by 2 on strong H1 performance 9 56am December 11 Habtoor Leighton wins Dubai contract Leighton associate inks US395m construction contract for residential complex 9 42am December 11 WesTrac to buy Caterpillar s Chinese businesses Seven Group to fund US130m transaction through new debt facility 9 23am December 10 Asciano eyes Port of Newcastle Group reportedly weighing expression of interest in 98 year lease 7 23am December 09 Construction grows in Nov AiG Australian Industry Group survey shows construction sector is expanding faster 9 33am December 06 Qld govt cuts Aurizon stake State govt sells down stake in rail freight company to less than 5 1 07pm December 03 Macmahon s Mlikota quits for Thiess Chief financial officer to take up role at Leighton Holdings subsidiary 4 21pm November 29 Forge shares close 83 lower Group tumbles out of halt as it unveils 127m writedown on two power station projects 4 18pm November 28 2 comments Ausenco in 31 5m capital raising Group announces entitlement offer to pay down debt strengthen balance sheet 11 10am November 28 Leighton again slams media coverage Construction group lashes errors in reports it is unlikely to recover payments 10 40am November 28 Construction work surges in Sept quarter Australian Bureau of Statistics data shows construction work done in third quarter far exceeds expectations 11 33am November 27 1 comment Transfield chief eyes costs Smith Gander looks to move group beyond reputation for writedowns poor profits 8 10am November 27 Infrastructure sector needs foreign firms Hastings Hastings backs criticism of Lend Lease Leighton Holdings dominance 3 59am November 27 3 comments US housing permits surge in Oct Demand for permits hits highest monthly level in more than five years 12 41am November 27 Aust infrastructure system slammed Local arm of Italian firm says system favours Leighton Lend Lease dominance 5 58am November 26 3 comments Ausenco enters trading halt Group asks for halt pending release of updated FY earnings guidance 9 29am

    Original URL path: http://www.businessspectator.com.au/industries/construction-and-engineering?page=1 (2014-01-13)
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  • Construction and Engineering | Business Spectator
    inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Construction and Engineering New home sales lift in November HIA new home sales report shows growth rate hits two and a half year high 11 45am January 10 2 comments Building approvals fall in November ABS data shows total number dwellings approved fell more than expected 11 33am January 09 Fair Work Commission warns unions Maritime union ordered to cease taking covert action to lower productivity 5 43pm January 08 1 comment Residential construction lifts in December AiG HIA Performance of Construction Index expands for third consecutive month 9 46am January 08 2 comments Boart Longyear appoints new CFO Drilling company names Jeffrey Olsen as new finance chief 3 55pm January 07 Sydney to avoid house bubble Price growth seen moderating recovery in new dwelling construction report 7 05am January 06 7 comments Leighton acquires Indian JV partner Construction firm takes 100 ownership of Leighton Welspun 2 21pm December 30 Forge Group soars on Roy Hill contract Construction and engineering firm s stock surges more than 50 after go ahead for more work at Gina Rinehart s iron ore site 1 20pm December 30 1 comment Fletcher gets an urge to merge locally Fletcher Building says it would like to consider merger opportunities with its Australian rivals and acquisitions in the US by Damon Kitney The Australian 10 08am December 23 1 comment Roy Hill secures US700m loan Gina Rinehart s iron ore JV wins significant backing from US govt agency 9 21am December 20 Construction sweetheart deals face the wrecking ball Thanks to a Federal Court decision the era of big builders entering cartel style agreements with unions to the detriment of productivity and costs is drawing to a close by Robert Gottliebsen 8 06am December 20 70 comments Work deaths stop Incitec bonuses Explosives and fertiliser maker withholds 2013 management incentives 3 32pm December 19 1 comment DuluxGroup sees modest growth in 2014 Paint supplier says low interest rates rising house prices will boost trade 12 48pm December 19 Incitec Pivot inks Qld gas deal Group executes 23 month gas supply agreement for Phosphate Hill manufacturing plant 11 15am December 19 ACCC flags BlueScope merger concerns Watchdog says OneSteel takeover would affect competition in WA market 10 01am December 19 2 comments Bradken makes 300m Austin bid Austin board

    Original URL path: http://www.businessspectator.com.au/industries/construction-and-engineering?destination=taxonomy/term/2997 (2014-01-13)
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  • Govt mulls uni control: report | Business Spectator
    Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Govt mulls uni control report 16 Dec 2013 3 31 AM 1 Politics National Affairs Industries Education Abbott government working on plan for federal control of universities You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password State government control of universities could be coming to an end under new plans from the federal government to take over their operation according to The Australian Financial Review Education minister Christopher Pyne has already opened discussions with the Barry O Farrell led New South Wales government over the state s 10 universities which would set the scene for a national shift the report suggested The NSW government is open to the idea according to the AFR which would see federal laws replace state acts and the federal government play a more direct role in appointing university councils The plan designed to reduce system costs and cut duplication and red tape could fall flat without the support of all states the report added Print this page Related articles 17 Dec List of IPO debut flops grows 09 Dec Vocation Affinity shares rise on debut 05 Dec Lessons lost in the Gonski debate 04 Dec Fiddling with Gonski while Shanghai learns 29 Nov Pyne pressured on Gonski funding More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family

    Original URL path: http://www.businessspectator.com.au/news/2013/12/16/education/govt-mulls-uni-control-report (2014-01-13)
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  • Vocation, Affinity shares rise on debut | Business Spectator
    renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Vocation Affinity shares rise on debut Brett Cole 9 Dec 2013 1 42 PM DataRoom Equity Capital Markets Industries Education Markets ASX The performance of Vocation and Affinity Education has helped restore a little faith in the IPO market You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password Vocation Ltd the provider of vocation education and training programs has washed away some of the bitter taste of the last high profile listing on the ASX Shares in Vocation rose up to 12 per cent on their first day of trading At 1326 AEST the shares were up 16 cents or 8 5 per cent to 2 05 Vocation s IPO was priced at 1 89 a share by joint lead managers Macquarie Group Ltd and UBS AG The IPO wasn t strategically underpriced the price is right we re a growth story a new business to the market that has plenty of upside Mark Hutchinson Vocation s chief executive told DataRoom Shares in Affinity Education Group Ltd a provider of education and care to children aged six weeks to 12 years rose as much as 10 per cent on their first day of trading At 1325 AEST Affinity shares were up 3 cents or 3 per cent at 1 03 after earlier rising to 1 10 Still keeping a lid on the enthusiasm for new share issuance was the performance of Nine Entertainment Co s shares The stock is still trading below the IPO price of 2 05 at 1 99 Vocation is the result of the merger of three educational providers Hutchinson forecasts plenty of growth in the vocation education and training market that is curently worth 8 8 billion having grown since 2006 at an annual rate of

    Original URL path: http://www.businessspectator.com.au/news/2013/12/9/equity-capital-markets/vocation-affinity-shares-rise-debut (2014-01-13)
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  • IDP Education plans IPO | Business Spectator
    s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Goldman s coal shoulder The investment bank giant has sold its stake in what would be the largest coal terminal on the US west coast in the wake of its report outlining the fall of coal globally The nuclear renaissance is stone cold dead There is no nuclear recovery with the industry last year flailing to stay above water in key markets and its share of global electricity continuing a seemingly inexorable decline Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu IDP Education plans IPO Brett Cole 28 Nov 2013 11 25 AM DataRoom Equity Capital Markets Industries Education Seek is selling part of its stake in the international student placement company You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password IDP Education the world s largest international student placement provider may sell shares in an initial public offering next year The IPO s size the number of shares that may be sold the price IDP s stock will be sold at or the potential market value of IDP has not been disclosed Subject to market conditions IDP is considering an IPO in 2014 Seek Ltd which has a 50 per cent stake in IDP said in an ASX statement Seek is working through its intentions in regards to its shareholding Seek intends to sell a portion of its shares which will assist in facilitating liquidity for the IPO No financial details of IDP were released by Seek but the company said IDP is performing well and positioned for future growth Macquarie Group Ltd and Goldman Sachs Group Inc are the joint lead managers of the planned IPO IDP traces its origins back to 1969 when under the Colombo plan development aid was the dominant driver in international education and development In the mid 1980 s IDP began recruiting international student for Australian educational institutions About 20 years ago it started a joint venture with the International English Language Testing System IDP now recruits for UK New Zealand US and Canadian education institutions Print this page More from Brett Cole 13 Jan Singh

    Original URL path: http://www.businessspectator.com.au/news/2013/11/28/equity-capital-markets/idp-education-plans-ipo (2014-01-13)
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  • Pyne coy on school funding plans | Business Spectator
    available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP The coalition won t guarantee that no state or school will be worse off when its new education funding model is released next year Education Minister Christopher Pyne sparked outrage from the states territories and the federal opposition when he announced on Tuesday the funding and reform package set up by Labor would only apply in 2014 and a new scheme would be negotiated for 2015 The so called Gonski scheme had become a shambles did not involve every state and funding had too many strings attached to be effective Mr Pyne said Faced with accusations of a breach of trust Mr Pyne moved to play down concerns on Wednesday Nobody should assume that they will get less money over the forward estimates which is exactly the promise that we took to the election he said However when asked if he could guarantee no signatory state would be worse off Mr Pyne replied Well those details will be released when the new school funding model is released early next year Prime Minister Tony Abbott echoed Mr Pyne Before the September election Mr Abbott said the coalition would match the offers that Labor has made We will make sure that no school is worse off However when asked on Wednesday if he could guarantee no individual school would be worse off Mr Abbott said No What we re saying is we will absolutely honour our pre election commitment And our pre election commitment was that there will be exactly the same quantum of funding under the coalition as under the Labor party Federal Labor frontbencher Jason Clare said the government had broken an election promise There s a reason why everyone is calling Christopher Pyne Pyn occhio today and that s because he is lying to the Australian people Mr Clare said The former Labor government secured the backing of NSW Victoria South Australia Tasmania and the ACT as well as independent and Catholic schools earlier this year for the new funding model based on student needs The current government is arguing that because Labor returned to general revenue some funding earmarked for the states that did not sign up the amount now available had been cut by 1 2 billion Queensland Western Australia and the Northern Territory did not sign up but the Abbott government says it will claw back an extra 230 million for their schools for 2014 Queensland Premier Campbell Newman said his state had secured 130 million next year We now need to work with them to establish what funding will be available in subsequent years he said SA Premier and Treasurer Jay Weatherill said discussions about school funding during a treasurers meeting on Wednesday were

    Original URL path: http://www.businessspectator.com.au/news/2013/11/28/politics/pyne-coy-school-funding-plans (2014-01-13)
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