Grocon in Financial Tailspin After Federal Court Ruling


Once one of Australia’s most trusted developers, Grocon, is in financial distress after a Federal Court ruling on Monday.  The Court ruled Dexus, who had been in dispute with Grocon for almost 2 years over unpaid debts, were owed $13.9 million for a development at 480 Queen Street in Brisbane.  Grocon has since exited the consortium of builders responsible for…


You have reached exclusive content available only to members.
Plan your next career move with the latest projects, tender wins & people movement from our expert Australian construction news team.

Recommended posts

What is Conecta?

Conecta is an innovative jobs platform for the construction and engineering industry.

Even if you are not looking for a job right now, having a Conecta profile means amazing opportunities can tap you on the shoulder.

Free Sign Up
Recent Jobs
Popular posts