Latest Residential Construction News

Tamawood Limited has reported a steady increase in revenue and profit for the half year ended December 31, 2024, signaling ongoing resilience in the residential construction sector.

SGH Ltd reported a solid half-year performance with a 10% increase in EBIT to $843 million and a 30% rise in interim dividend, driven by strong industrial services and energy sector results despite mixed market conditions.

SGH Ltd reports a robust first half with 10% EBIT growth and a 30% dividend increase, underpinned by the full acquisition of Boral and strong operational execution across its industrial services portfolio.

Lithium Universe Limited has signed a non-binding MOU with Lafarge Canada for exclusive supply of aluminosilicate from its Bécancour refinery, aiming to boost cement durability and sustainability in Canada’s growing market.

Simonds Group has agreed to acquire Dennis Family Homes for $10 million, significantly expanding its residential construction footprint and product portfolio across Victoria and New South Wales. The acquisition is expected to be earnings accretive from the first quarter of FY26.