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Industry News

Apr 14, 2016
Oakey Beef Exports outlines $30m expansion plan

Oakey Beef Exports outlines $30m expansion plan

Oakey Beef Exports aims to start construction by the end of 2016 on a $30 million plant expansion after the State Government approved funds for a vital rail link. General manager Pat Gleeson said the new cold store facilities would enable the Darling Downs plant to increase throughput from 1100-1200 head of cattle per day… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Ge...

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Apr 14, 2016
Peabody Energy in bankruptcy action

Peabody Energy in bankruptcy action

The world’s largest private-sector coal company, Peabody Energy Corporation, has filed for bankruptcy protection in the United States but says its Australian operations are not affected. In a statement released overnight, the company said it had filed Chapter 11 petitions for the majority of its US entities in a bid to strengthen liquidity and reduce… This content is for iQ Industry Queensl...

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Apr 14, 2016
New legal hurdle for Adani

New legal hurdle for Adani

An appeal filed this week against the granting of mining leases for Adani’s Carmichael coal project in the Galilee Basin highlights the urgent need for the government to overhaul the approvals process, according to the Queensland Resources Council. “We could almost hear an audible groan from regional Queenslanders today (April 13) when they heard that… This content is for iQ Industry Queens...

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Apr 13, 2016
Kuranda rail and road projects gain funding

Kuranda rail and road projects gain funding

A $12.6 million project to ensure the stability of the Kuranda Scenic Railway line kicked off today with crews beginning environmental and ecological assessments ahead of the complex works. “Over the past five years geotechnical engineers have been monitoring and undertaking inspections to determine what works may be required to future proof the iconic railway… This content is for iQ Indust...

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Apr 13, 2016
Alliance steps into political arena

Alliance steps into political arena

A Subcontractors Alliance policy document penned by chairman Les Williams is complete and he is calling on readers to help circulate it to politicians ahead of the federal election widely tipped for July 2. Mr Williams has spent three years gathering information, seeking legal opinion and speaking extensively with construction industry experts to create the… This content is for iQ Industry ...

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Apr 13, 2016
Pensive wait for payment plans

Pensive wait for payment plans

Subcontractors brought to their knees by developers who went bust without paying their wages will have a clearer picture later this year of changes flagged to the Security of Payment system, according to Queensland Housing and Public Works Minister Mick de Brenni. A series of information sessions were staged right up the east coast of… This content is for iQ Industry Queensland, iQ Coal, iQ...

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Apr 13, 2016
Lack of knowledge can be costly

Lack of knowledge can be costly

An expert in dispute resolution and adjudication believes many subcontractors get caught out because they simply lack the knowledge to deal properly with an issue. Australian Building and Construction Dispute Resolution Service (ABC DRS) director Russell Welsh said many subcontractors who had undertaken training courses simply didn’t realise what they needed to know about the… This content ...

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Apr 13, 2016
Glencore winds down Newlands underground

Glencore winds down Newlands underground

Glencore expects to close its Newlands Northern underground coal mine in Central Queensland by midyear, upon completion of the final longwall panel. The company said the mine, employing about 100 people, had reached the end of its economic life. “In May 2014 we announced that the mine would likely close in Q4 2015; this date… This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ...

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Apr 13, 2016
Bleak outlook for refinery restart, creditors’ cash

Bleak outlook for refinery restart, creditors’ cash

As headlines continue to fly about politician and business heavyweight Clive Palmer’s role in the downfall of Queensland Nickel, a local economist says the Yabulu refinery operation has reached the end of its natural life. Empower Economics principal economist David Lynch was commenting after administrators FTI Consulting this week released their report – noting that… This content is for iQ...

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