Boral has turned difficult economic circumstances into a positive for its balance sheet at least, after sales of USG Boral and Midland Brick in the 2021 financial year (FY2021) allowed it to profit $640 million.
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CCAA: COVID-safe construction essential to Australia’s recovery
Ken Slattery, the chief executive officer of the peak body for Australia’s heavy construction materials industry, has warned in an opinion piece that the capacity for the industry to be an engine for the nation’s post-pandemic economic recovery is being hindered by snap lockdowns.
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Victoria’s Stage 4 restrictions to have ‘severe’ impact on construction sector: Ai Group
While the Australian PCI recorded a 7.2-point increase to 42.7 points in July 2020, the Australian Industry Group (Ai Group) has expressed concerns that Victoria’s Stage 4 restrictions may cause significant disruptions in the construction sector.
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