NewsBite

CIMIC Group

Advertisement
Australia’s largest construction company CIMIC has been caught up in a major underpayement scandal.

‘It’s gone on too long’: CIMIC scrambles to refund workers caught up in underpayment scandal

Australia’s largest construction company has engaged lawyers to help deal with hundreds of underpayment claims from workers, subcontractors and banks.

  • Adele Ferguson

Latest

Australia’s largest construction company CIMIC has been caught up in a major underpayement scandal.

‘Humanitarian disaster’: Australian construction giant CIMIC in underpayment scandal

Australia’s largest construction company is accused of underpaying hundreds of millions of dollars to workers in the Middle East.

  • Adele Ferguson and Chris Gillett
Devine’s development book includes about eight active house and land greenfield projects.

Devine shares jump on CIMIC’s takeover bid

Construction giant CIMIC Group has launched a takeover bid to mop up more than a third of the house and land developer’s registry it does not already own.

  • Simon Johanson
Russell Waugh leaving Brisbane Magistrates Court on bail after his arrest pm bribery charges in November.

Australian former executive charged with bribery offences over African plot

The former executive for infrastructure giant Leighton has been charged on a second corruption-related charge after a series of investigations into the company now called CIMIC.

  • Nick McKenzie
Former Leighton executive David Savage and his Chateau de Jalesnes in France's Loire Valley.

Australian former executive returns from French 'castle' to quarantine and a criminal investigation

Federal police have alleged David Savage helped cover up corruption when he was a high-flyer at one of Australia's largest multinational companies.

  • Nick McKenzie
Russell Waugh leaving Brisbane Magistrates Court on bail after his arrest on Wednesday.

How an international bribes scandal, a cover-up and a trove of leaked emails ended in a suburban Brisbane arrest

On Tuesday evening, two federal police agents boarded a flight from Sydney to Brisbane bearing an arrest warrant. Their trip had been a long time coming.

  • Nick McKenzie
Advertisement
Former Leighton executive Russell Waugh outside court in 2018.

Former Australian executive arrested, charged over alleged oil bribery plot

Australia's longest-running bribery investigation has come to a head with the arrest in Queensland of a former senior executive from construction giant Leighton Holdings.

  • Nick McKenzie and Lucy Stone
The local sharemarket edged higher on Wednesday despite a speech from the RBA governor pushing out the odds of a near-term rate cut.

ASX closes higher after RBA pours cold water on rate cut bets

The S&P/ASX 200 closed 0.4 per cent higher on Wednesday thanks to gains in materials and information technology.

  • David Scutt and Lucy Battersby
Melbourne's West Gate Tunnel is among the infrastructure projects being built by CIMIC.

Construction giant CIMIC swings to $1 billion net loss

Australia's largest construction company CIMIC has swung to a $1 billion net loss, but the company says its recent decision to exit the Middle East will leave it better placed to focus on its core markets.

  • Darren Gray
CIMIC is building the Westconnex motorway in Sydney

'More skeletons in the closet': CIMIC under fire over use of 'reverse factoring'

The financial reporting of Australia’s largest listed construction company is under renewed attack

  • Kylar Loussikian

Original URL: https://www.theage.com.au/topic/cim-du