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Articles by Graeme Dunn
The ‘Great Theatre Turn-off’: what do we need to do?
In addressing the massive contribution of healthcare to imminent climate collapse, low-value care is a primary target, as around 20% of healthcare spend does not actually result in improvements in health [1, 2]. If an activity does not benefit our patients, then why should we continue with it? Most clinical teams will be addressing wasteful clinical care, but attention should also be focused on operational waste, including the systems and infrastructure of our hospitals.
Tomasi leaves SCEE, sells $12m stake
Southern Cross Electrical Engineering founder Frank Tomasi has cashed in about one quarter of his shares in the company, after signalling his intention to retire from the board. Login below or For first time subscribers, our monthly payment starts at $1 + GST for the first month. To read more, pleasebelow or Subscribe For first time subscribers, our monthly payment starts at $1 + GST for the first month.
SCEE, Tempo lock in $26m of contracts
Southern Cross Electrical Engineering has been awarded a $20 million contract for work on the central section of the Northlink WA roads project, while Perth-based Tempo Australia has secured a series of contracts totalling more than $6 million. To read more, please Login or Register below
SCEE win $90m in contracts
Southern Cross Electrical Engineering has been awarded a number of new commercial and public infrastructure contracts across Australia totalling more than $90 million, including $66 million of work at a new section of the Westmead Hospital in New South Wales. Perth-based SCEE has agreed to contractual terms to work on the Westmead Hospital central acute services building, which is expected to be completed in early 2020 and includes engineering design and installation of specialty technology.
SCEE $32m placement to facilitate growth
Southern Cross Electrical Engineering will raise $32 million through a share placement to provide working capital as the company’s order book continues to expand. The WA-based company will issue 44.25 million shares at 75 cents per share, a 6.5 per cent discount, with Euroz Securities acting as the sole lead manager. The funds from the raising are expected to provide general working capital with the company maintaining a substantial pipeline of work. To read more, please Login or Register below
SCEE wins Qld energy contract
The work will be delivered from SCEE’s regional facility in Townsville. The company will provide asset inspection and maintenance services on Ergon’s electricity distribution network in north Queensland, including overhead lines and streetlight poles. To read more, please Login or Register below
SCEE wins $100m in new work
Southern Cross Electrical Engineering has announced a number of contract wins worth a combined $100 million, with the majority of the work to be carried out by recently acquired Sydney-based subsidiary, Heyday. The most significant contract was a $70 million deal with Multiplex Constructions. Under the arrangement, Heyday will work on the early contractor involvement stage for the new Westmead Hospital Central Acute Services Building for the NSW government.
SCEE wins more work
Perth-based contractor Southern Cross Electrical Engineering has won $25 million in contracts for work on Rio Tinto’s Amrun bauxite project in Queensland, bringing its total number of awards for the month to about $150 million.
SCEE secures $50m of new contracts
Southern Cross Electrical Engineering’s recently acquired Sydney-based subsidiary, Heyday5, has been awarded over $50 million of new contracts to carry out electrical services work on a number of major development projects.
SCEE secures $30m contract
Southern Cross Electrical Engineering has secured a new subcontract with property group Lendlease worth approximately $30 million. The new contract will see SCEE manage the electrical component of the upgrade to the existing airfield facilities at RAAF Base Tindal, located approximately 320 kilometres south-east of Darwin. These improvements are intended to support the new air combat capability being acquired by the Australian Defence Force. To read more, please Login or Register below
SCEE awarded $40m of new contracts
Southern Cross Electrical Engineering, through its KSJV joint venture with energy service provider Kentech, has received over $30 million of additional orders under a subcontract with Bechtel. This contract will see SCEE help provide electrical and instrumentation installation services on the Wheatstone gas project, taking the total value of work awarded under the subcontract to over $95 million.
SCEE to bounce back after buying east coast group
Southern Cross Electrical Engineering expects to bounce back from a net loss in the first half of the 2017 financial year after announcing the “transformational” acquisition of a Sydney-based electrical contractor. SCEE said today it would pay up to a total of $54.1 million to acquire Heyday5, which has been providing electrical contracting services for tier-one construction companies and property groups for nearly 40 years.
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