Latest in Construction & Infrastructure: Aug 2 - Australia (5 stories)
Sunday, 2 Aug 2026 Weekly Construction & Infrastructure Australia
Here is your Weekly summary for Construction & Infrastructure across Australia for Mon 27th July - Sun 2nd August 2026
Queensland developers GDM Property and Douglas Development Corporation have received approval for a significant $134 million residential subdivision in the Gold Coast, addressing the region's pressing housing shortage with 152 new lots. This project, named Sanctua, is crucial as it aims to alleviate the ongoing demand for land in a rapidly growing area.
In corporate news, Quanta Services reported a strong Q2 2026 performance, exceeding earnings expectations and raising its outlook, indicating robust growth in the construction sector. Similarly, Terex also surpassed earnings estimates, reflecting positive trends in equipment demand.
Worley has secured a contract for Pembina's Heartland gas plant in Alberta, Canada, further expanding its international footprint in the energy sector. Meanwhile, Tata Steel has approved a substantial $4 billion capacity expansion at its subsidiary, signaling confidence in future market demands.
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Development duo secure approval for rare $134m subdivision on land hungry Gold Coast
Business News Australia RSS 31 Jul 2026, 4:42pmQueensland developers GDM Property and Douglas Development Corporation have secured approvals to proceed with a $134 million residential subdivision that will deliver 152 lots into a land-starved Gold Coast market. The subdivision, known as Sanctuary Rise and located on Tolga Road at Bonogin, is described as one of the last central and elevated...
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Earnings call transcript: Quanta Services posts big Q2 2026 beat, lifts outlook
All News 30 Jul 2026, 2:42pm -
Terex earnings beat by $0.12, revenue topped estimates
All News 30 Jul 2026, 11:38am -
Worley wins contract for Pembina’s Heartland gas plant in Alberta, Canada
All News 30 Jul 2026, 2:28am -
Tata Steel approves $4bn capacity expansion at subsidiary
All News 30 Jul 2026, 2:44pm