Pitch Engine
The Times Real Estate

.

News of the collapse of the Grocon empire is greatly exaggerated

  • Written by Geoff Hanmer, Adjunct Professor of Architecture, University of Adelaide
Sydney's Barangaroo development.

Grocon, the Australian construction empire that grew from the family concreting business started by Luigi Grollo in Melbourne in 1948, is on its last legs.

But Grocon, the privately held property development empire headed by Luigi’s grandson Daniel Grollo, will continue to operate.

Media outlets have breathlessly reported Grollo’s...

Read more: News of the collapse of the Grocon empire is greatly exaggerated

More Articles ...

  1. Axing stamp duty is a great idea, but NSW is going about it the wrong way
  2. 5 reasons why banishing backpackers and targeting wealthy tourists would be a mistake for NZ
  3. What matters is the home: review finds most retirees well off, some very badly off
  4. 'Courageous' investment means innovation stays in NZ, not sold off overseas
  5. Retirement incomes review finds problems more super won't solve
  6. Workers bear 71% to 100% of the cost of increases in compulsory super
  7. Australia, are you OK? Here are the groups with the highest (and lowest) life satisfaction
  8. How to choose the right Christmas gift: tips from psychological research
  9. 10 ways employers can include Indigenous Australians
  10. We've just signed the world's biggest trade deal, but what exactly is the RCEP?
  11. The US has turned its back on skilled migrants, giving Australia an opening
  12. What a Biden presidency means for world trade and allies like Australia
  13. New data privacy rules are coming in NZ — businesses and other organisations will have to lift their games
  14. Split decision: Telstra's carve-up plan comes 23 years too late for competition and customers
  15. Vital Signs: a global carbon price could soon be a reality – Australia should prepare
  16. An Australian man successfully sued his super fund over climate risk. Here's what that means for your nest egg
  17. There's no need for panic over China’s trade threats
  18. Why is the government trying to make the cashless debit card permanent? Research shows it does not work
  19. Negative interest rates could be coming. What would this mean for borrowers and savers?
  20. Why zero interest rates are here to stay
  21. When to buy Christmas gifts online to get them in time? The answer is now
  22. JobMaker is nowhere near bold enough. Here are four ways to expand it
  23. With house prices soaring again the government must get ahead of the market and become a 'customer of first resort'
  24. $34bn and counting – beware cost overruns in an era of megaprojects
  25. From coal to criticism, this isn't the first time the Coalition has tried to heavy the ANZ
  26. Vital Signs: Sure, the US election is gerrymandered, but so are others, and its hard to stop
  27. Saving for retirement gives you power, and ethical responsibilities
  28. 5 ways the Reserve Bank is going to bat for Australia like never before
  29. A rushed move to virtual AGMs would disempower shareholders
  30. Hijacking anxiety: how Trump weaponised social alienation into 'racialised economics'
  31. $1 billion per year (or less) could halve rental housing stress
  32. Vital Signs: we'll never cut unemployment to 0%, but less than 4% should be our goal
  33. We put forward a way to govern ASIC better. The government said no
  34. Rather than recalling unsafe products, why not ensure they're safe in the first place?
  35. Pumped hydro isn't our energy future, it's our past
  36. Blink and you'll miss it: what the budget did for working mums
  37. Momentum vs underdog status: this time the advantage is with Joe Biden
  38. 'Could do better': Top Australian economists award the budget a cautious pass
  39. Google's huge market share doesn't automatically make it a monopoly
  40. A fad, not a solution: 'city deals' are pushing universities into high-rise buildings
  41. Gaming the board: Crown Resorts shows you just can't bet on 'independent' directors
  42. Explainer: why the government can't simply cancel its pandemic debt by printing more money
  43. At the heart of the broken model for funding aged care is broken trust. Here's how to fix it
  44. Mathias Cormann wants to lead the OECD. The choice it makes will be pivotal
  45. Another building-site death adds to demands for industrial manslaughter laws
  46. The budget promises jobs, but does little for workers in the gig economy
  47. Beyond the police state to COVID-safe: life after lockdown will need a novel approach
  48. New modelling finds investing in childcare and aged care almost pays for itself
  49. No snapback: the budget sets us up for an unreasonably slow recovery. Here's how
  50. Virgin sacrifice: boardroom bloodletting signals a classic private-equity hijacking