Business News

WA Civil Infrastructure: $173 Billion of Opportunity Ahead
September 8, 2026
Western Australia’s civil infrastructure sector is entering a decade of significant investment, with approximately $173 billion in civil construction activity forecast between FY2027 and FY2036. When mining and heavy industry are included, total engineering construction is expected to reach an impressive $419 billion. The near-term outlook is particularly encouraging, with civil construction forecast to grow 6% in FY2027 to $16.9 billion, before reaching a relative peak in FY2028. Longer-term growth will be supported by renewable energy, defence and maritime investment, transport infrastructure and WA’s continued population growth. Electricity leads the pipeline, with around $40 billion forecast as WA invests heavily …

Multiplex Changes Hands in Near $1 Billion Deal as Global Investors Back Australian Construction.
June 23, 2026
Australian builder Multiplex is set to enter a new chapter following its acquisition by Japanese construction giant Obayashi Corporation in a deal reportedly worth close to $1 billion. The acquisition reflects continued international confidence in Australia’s construction sector, which remains supported by strong infrastructure investment, population growth and increasing demand for housing and major developments. For the employment market, the deal reinforces the positive long-term outlook for construction professionals. Ongoing investment across the sector is expected to sustain demand for project managers, engineers, commercial specialists, site leadership teams and skilled trades. The transaction also highlights Australia’s attractiveness as a destination …

$3.8 Billion Burswood Point & Anantara Hotel Investment Boosts WA Economy
February 27, 2026
The $3.8 billion Burswood Point development – including the proposed five-star Anantara Hotel represents one of the largest private investments in Perth’s urban regeneration history. The multi-billion-dollar precinct is forecast to inject more than $10 billion into the Western Australian economy across construction and long-term operation. The scale of development will support thousands of jobs, driving activity across engineering, trades, consultants, suppliers, hospitality and tourism sectors. During construction, significant capital expenditure will flow through local contractors and supply chains. Once operational, the luxury Anantara Hotel will strengthen Perth’s ability to attract high-value domestic and international visitors, major conferences, and premium …

WA Government announces plans for a $217.5 million entertainment precinct able to host up to 50,000 spectators daily.
February 6, 2025
The Western Australian government has announced plans for a $217.5 million entertainment precinct at Burswood Park, featuring a new Perth Street Circuit, which is expected to debut in the 2027 Supercars season. The circuit will follow the successful models of street racing in Townsville and the Gold Coast, transforming roads around Burswood Park into a high-speed racetrack. Set between Perth Stadium and Crown Casino, the location will provide a world-class setting for motorsport and entertainment. The venue is expected to attract around 50,000 spectators per day, with provisions for night racing under lights. Apart from the circuit, the precinct will …

The $1 Billion Tonkin Highway Extension and Thomas Road Upgrade Project Alliance contractors have been named.
February 3, 2025
A major road project in Perth’s south has reached an important milestone with a contract awarded to begin work. The $1 billion Tonkin Highway Extension and Thomas Road Upgrade Project includes a 14-kilometre highway extension and improvements to Thomas Road, easing traffic and enhancing safety. The new four-lane highway will feature interchanges, underpasses, and roundabouts, along with equine underpasses and a shared path for pedestrians and cyclists. The project aims to reduce heavy truck traffic on local roads in Byford, Armadale, Kelmscott, and Gosnells. According to Federal Minister Catherine King, the project will ease congestion, improve road safety, benefit commuters, …

Perth Airport to open first hotel on site as part of a $5 billion infrastructure program.
October 30, 2024
Perth Airport has partnered with Accor, Australia’s largest hotel group, to operate it’s first on-site hotel, which is part of the $5 billion infrastructure upgrade planned over the next decade. The new Pullman Perth Airport hotel, is projected to open in 2027 and will feature 240 rooms across eight floors, along with a rooftop restaurant and bar, café, gym, sauna, meeting rooms and co-working spaces. This development comes shortly after Perth Airport reported an increase in EBITDA (earnings before interest, taxes, depreciation, and amortisation), to $420.8 million in FY24, a bit higher from the $403.8 million the previous year. The …

$1.6 billion contract awarded to the AD Alliance to future proof Perth’s public transport network.
July 23, 2024
[Feature image: From left to right: Simon Bradbury, Chief Officer Strategy and Growth at DT Infrastructure; Hon. Rita Saffioti MLA, Deputy Premier and Minister for Transport; Zaneta Mascarenhas MP, Federal Member for Swan; and Pascal Dupond, Managing Director at Alstom Infrastructure Pty Ltd.] The public transport system of Perth is set to receive substantial technology and infrastructure improvements, facilitating increased train frequency. The AD Alliance, a collaboration between Alstom and DT Infrastructure Pty Ltd, has secured a $1.6 billion contract to spearhead the METRONET High Capacity Signalling Project. The METRONET program, which represents a record investment, will benefit greatly from this project, with …

WA’s $1Billion Tonkin Hwy Extension & Thomas Rd Upgrade moves to the next stage supporting approx 4,400 jobs in the future
July 22, 2024
The procurement for the $1Billion Tonkin Hwy Extension & Thomas Rd Upgrade moves to the next stage, with the shortlisted contractors being asked to submit proposals for Package 2 (Tonkin Highway extension from Mundijong Road to South Western Highway.) The shortlist of builders include: Tonkin Connect Alliance – comprised of CPB Contractors, WA Limestone, Carey, Aurecon and Jacobs Tonkin Extension Alliance – comprised of BMD, Georgiou, Civcon, GHD and BG&E Tonkin South Alliance – comprised of Acciona, NRW, AECOM and Arup Package 1, which covers the duplication of Thomas Road and the extension to Mundijong Road, has closed its request …

Mirvac Bags Australia’s First 6-Star Green Star Buildings Certification – 100% renewable energy!
September 18, 2023
According to the Green Building Council of Australia, with the use of the new Green Star Buildings rating tool. Mirvac’s Heritage Lanes project in Brisbane has become the first building to be awarded a 6-star rating. The notable features of the building include: Being carbon neutral in operation and powered 100 percent using renewable energy. Features to promote healthy spaces such as improved air quality, natural light exposure and other wellness elements. A lobby which is entirely ‘breathable’ with louvred and shugg windows that open and shut to enjoy the Queensland weather. Multiple mixed-mode tenant floors which enable people to select settings which best suit them. …

The $232 million extension of the Mitchell Freeway to Alkimos has been officially opened.
July 11, 2023
The $232 million extension of the Mitchell Freeway to Alkimos has been officially opened in a ceremony today, with commuters able to use the new section of road from tomorrow. The project has extended the Mitchell Freeway 5.6 kilometres north from Hester Avenue to Romeo Road, creating a new, high-standard, north-south transport link in Perth’s northwest, including new freeway access points at Lukin Drive, Butler Boulevard and Romeo Road. The extension and new interchanges will significantly improve access and reduce congestion for people living in Perth’s northern suburbs, and ease pressure on the Hester Avenue/Mitchell Freeway interchange – the northernmost …

