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Star's Brisbane project pulls Multiplex deeper into loss

Star's Brisbane project pulls Multiplex deeper into loss

Construction giant Multiplex sank deeper into loss last year after it wrote off $192.6 million for building work on Brisbane's Queen's Wharf casino, resort and residential project as the financial position of its Star Entertainment joint venture client deteriorated.
The impairment pulled Multiplex's net after-tax loss to $219.5 million last calendar year from $34.6 million, even as revenue jumped by one-third to $4 billion, the Sydney-based company revealed in financial documents lodged with corporate regulator ASIC last week.

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$486 billion warning to NSW homeowners
$486 billion warning to NSW homeowners

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$486 billion warning to NSW homeowners

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Three former Rockpool chefs to lead new Manly wharf restaurant
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Three former Rockpool chefs to lead new Manly wharf restaurant
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