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The Latest Breaking News from Lendlease

Lendlease has secured $3b in new construction work

Lendlease's business momentum continues to build, chief executive has told shareholders, with $3 billion in new construction projects for the slimmed-down firm.

AAP

‘Poor doors’: affordable housing tenants have to use back entrance to access Barangaroo apartments

Those paying discounted rent at Watermans Residences can’t use pool or gym, either. Critics say segregation ‘a dystopian microcosm of housing inequality’

The Guardian - AU

‘There’s no place like this’: shoppers and traders fear for Birmingham indoor market’s future

Current site is due to be demolished to make way for housing in new disruption to city’s long trading tradition

The Guardian - UK

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Industry insights: What Australia’s biggest brands order most

In recent years, there has been a surge in promotional merchandise orders from a few of the largest and most influential brands in Australia. While these links to brand exposure and marketing strategies, they also benefit the business internally, promoting enhanced employee engagement, sustainability initiatives, and customer loyalty programs.

inkl

'No offsets, no excuses': the pursuit of real zero

A handful of Australian companies are ditching the crutch that is carbon offsets and pursuing genuine emissions cuts, and it's been no walk in the park.

AAP

Crown Estate strikes deal to back London Euston redevelopment

The monarch’s property company has agreed to take a 50% stake in the new joint venture, overseeing six development schemes in London and Birmingham.

Evening Standard

Path cleared to faster compensation payouts for victims

An important decision by Australia's highest court means class actions can more easily be resolved, improving the speed of compensation to victims.

AAP

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Slimmed down Lendlease posts first profit in two years

Lendlease has made a statutory profit of $48 million in the first half, compared with a $136 million loss a year ago.

AAP

Property giants see reasons for optimism in real estate

Positive sentiment is returning to the Australian property market, the bosses of Mirvac and Lendlease have told shareholders at their annual general meetings.

AAP

Education Directorate head Katy Haire retires with integrity report pending

Staff were told of the director-general's retirement via email.

The Canberra Times

Are the Royal Docks set to be the new King's Cross?

Earlier this year, Sadiq Khan launched a bid to transform the Royal Albert Dock with thousands of new jobs and homes, mimicking the successful regeneration of Granary Square. Ross Lydall reports

Evening Standard

Lendlease's losses deepen after tough year in property

Lendlease has extended its bottom line losses to more than $1 billion after taking a hit in a tough market as charges related to its new strategy took a toll.

AAP

The controversy behind a school expansion and the CFMEU's alleged involvement

There have been allegations of corruption and union interference.

The Canberra Times

Education boss sought official's experience in Campbell school tender

The procurement is being investigated by the Integrity Commission.

The Canberra Times

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The Canberra Times

Official says he did not act corruptly in 'best and final offer'

Counsel assisting alleged he had engaged in 'serious corrupt conduct'.

The Canberra Times

ACT top public servant weighed up referral of Campbell Primary procurement

A 2021 review also found 'significant probity concerns'.

The Canberra Times

Commissioner told to make finding on whether public servant, staffer acted corruptly

Council assisting says one official engaged in corrupt conduct.

The Canberra Times

Watchdog witness finds new evidence while looking for Christmas decorations

Notes detail meetings between senior officials, minister's office.

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The Canberra Times

Counsel assisting Integrity Commission raises possibility of adverse findings

Hearings into the Campbell school procurement are being held.

Evening Standard

£41million walking and cycling 'bendy bridge' to Elizabeth line station under review

Cash-strapped council to rethink plan to spend £13.2m subsidising bridge across Royal Victoria Dock

The Guardian - UK

Major Birmingham redevelopment plans fail residents on green space, campaigners say

Plans for the £1.9bn Smithfield scheme include a park that is smaller than a football pitch, falling short of the council’s own guidelines

Top News

Lendlease Focuses On Local Growth, Exits Offshore Markets

Lendlease Group restructures to exit offshore markets and focus on Australian growth opportunities for enhanced operational efficiency and market presence.

AAP

Lendlease goes local with $4.5b foreign asset sell-off

Property giant Lendlease is giving up its global ambitions and refocusing on the Australian market.

AAP

Australian shares rebound, snap four-day losing streak

The ASX200 finished 0.8 per cent higher, with every sector in the green except for utilities.

The Canberra Times

Education boss launched legal action to end integrity investigation

Katy Haire sues Integrity Commissioner over 'apprehended bias'.

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