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Elderton Homes goes into administration as construction industry struggles

Elderton Homes based in NSW announced on Monday it had appointed administrators to manage its operations going forward. ....

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Owners of $1BILLION collapsed construction company Condev in tears

Condev owners Steve and Tracey Marais have tearfully told how Covid disruptions, high material prices and wild weather caused to the Australian building giant s collapse. ....

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Australian construction company Condev COLLAPSES after failing to secure a critical $25m bailout

Building company Condev Constructions has gone into liquidation after a failed bailout deal. It is the second Australian construction giant to collapse in recent weeks. ....

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Revealed: Gold Coast theme park's $35m rollercoaster plans

Travel
by Kathleen Skene
Premium Content

DREAMWORLD has revealed guests will race through a rock tunnel in the Taipan s arid desert home at up to 105 km/h, experiencing an exhilarating burst of darkness during the park s 1.2km new ride.
With the build commencing in October 2020 and the ride anticipated to open in late 2021, Condev Constructions have already completed over 40%m per cent of the track installation, utilising over 125 track pieces, 140 column pieces, 6000 high strength bolts and having installed 520 pile foundations.
Dreamworld said the rollercoaster train had recently left German manufacturer, MACK Rides and was expected to arrive at Dreamworld in late June. ....

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