Sydney Skyline, Skyscrapers in Australia

Top Construction Companies in Australia: A Closer Look

Top Construction Companies in Australia: A Closer Look

Australia’s skyline has been dramatically transformed over the past few decades. Behind these architectural wonders are construction giants, pivotal in shaping the country’s urban landscape. Here’s an in-depth look at some of the top construction companies in Australia, offering insights into their foundation, network, and estimated net worth.

List includes:

Lend Lease Group
CIMIC Group (Previously Leighton Holdings)
Multiplex
Watpac
Grocon
John Holland
Hutchinson Builders
Mirvac Group

1. Lend Lease Group

Founded: 1958
Net Worth: As of 2022, Lendlease reported an estimated net worth of AUD 8.8 billion.
Insight: An international company with its origins in Australia, Lendlease has a significant global footprint. Their projects span from iconic skyscrapers to significant infrastructure developments.

How They Work: Lendlease is renowned for its integrated approach, which means they are involved in every step of a project from conception to completion. Their services encompass development, investment management, construction, and asset and property management.
What Makes Them Different: Their commitment to sustainability and innovation is distinctive. Lendlease has pioneered various green construction and design practices. Additionally, their projects aren’t just limited to Australia; they have a significant international footprint with key projects in major global cities.
Significant Projects:
1. Barangaroo South, Sydney
2. Sydney Place, Sydney
3. Town Hall Place, Melbourne

2. CIMIC Group (Previously Leighton Holdings)

Founded: 1949
Net Worth: As of 2021, CIMIC Group had an estimated net worth of AUD 9 billion.
Insight: CIMIC Group is a world-leading construction, mining, and services contractor. Their broad network and vast portfolio make them one of the most influential players in the Australian construction landscape.
How They Work: CIMIC operates through a series of subsidiaries that cater to different construction and related sectors. For instance, CPB Contractors manage building projects, Leighton Asia handles operations in the Asia region, and UGL focuses on end-to-end engineering, construction, and maintenance services.
What Makes Them Different: Their diverse portfolio that extends beyond traditional construction. Apart from building, they are also involved in mining, mineral processing, and public-private partnership projects. Their comprehensive range of services across various sectors sets them apart.
Significant Projects:

1. Victorian Level Crossing.
2. Monash Freeway upgrade
3. Bannerton Solar Farm

3. Multiplex

Founded: 1962
Net Worth: As of 2021, Multiplex’s net worth stood around AUD 6.5 billion.
Insight: Renowned for constructing iconic structures like the World Square in Sydney and the Wembley Stadium in London, Multiplex has a legacy of delivering high-profile projects.

How They Work: Multiplex is known for its large-scale, landmark projects. They work on a collaborative approach, involving stakeholders throughout the project life cycle. This ensures transparency and efficiency.
What Makes Them Different: Their long-standing history of delivering iconic projects, both in Australia and overseas, has cemented their reputation. Multiplex often tackles complex projects that require innovative solutions.
Significant Projects:
1. Focus Apartments, Melbourne
2. Boola Katitjin Murdoch University, Perth
3. ANMF Hotel, Melbourne

4. BESIX Watpac

Founded: 1983
Net Worth: Watpac reported an estimated net worth of AUD 1.2 billion in 2021.
Insight: Watpac, part of the BESIX Group, specializes in construction, property development, and civil engineering. Their diverse range of projects reflects their adaptability and expertise in the field.
How They Work: Watpac offers construction, civil, and mining services. They focus on adding value to projects through a disciplined approach to project management and an emphasis on safety and quality.
What Makes Them Different: Their civil and mining segments, which many other major construction companies do not delve into as deeply, set them apart. Watpac’s ability to diversify its services across various sectors makes it a unique player in the industry.
Significant Projects:

1. Burj Khalifa (Partnership with Samsung C&T – Arabtec)
2. North Queensland Stadium, Townsville
3. Brisbane Entertainment Centre
4. Central Park, Sydney

5. Grocon

Founded: 1948
Net Worth: The company’s exact net worth isn’t widely publicized. As of the last update, they were facing financial challenges, which made it difficult to gauge a precise figure.
Insight: Grocon has been synonymous with iconic developments across Australia’s skyline, such as the Eureka Tower. However, recent years saw the company navigating some financial troubles, underscoring the unpredictable nature of the construction business.
How They Work: Grocon is known for their urban development projects. Their work often revolves around creating spaces that resonate with community values and sustainable practices. Their operations span from early-stage developments to final construction.
What Makes Them Different: Their commitment to community and sustainability is evident. They’ve had a hand in several landmark projects, such as the Eureka Tower in Melbourne. Additionally, Grocon has shown a strong focus on philanthropy and indigenous partnerships.
Significant Projects:
1. 101 Collins Street
2. Grand Hyatt Melbourne
3. The Oracle, Queensland

6. John Holland

Founded: 1949
Net Worth: Again, exact net worth isn’t straightforwardly available, but in terms of revenue, they reported over AUD 5.5 billion in 2019.
Insight: A subsidiary of China Communications Construction Company since 2015, John Holland has been at the forefront of Australia’s infrastructure boom. Their involvement in numerous public transport and water infrastructure projects underlines their crucial role in the nation’s development.
How They Work: John Holland takes a comprehensive approach to infrastructure and property solutions. They are involved in every stage, from design and financing to construction, operation, and maintenance.
What Makes Them Different: Their expansive sector coverage, from transport to utilities and even to renewable energy, sets them apart. John Holland is known for being one of Australia’s leading infrastructure and property providers, with a commitment to creating spaces and systems for future generations.
Significant Projects:
1. Parliament House, Canberra
2. West Gate Bridge, Melbourne
3. Sydney Football Stadium, Sydney
4. Metro Trains, Melbourne

7. Hutchinson Builders

Founded: 1912
Net Worth: Hutchinson Builders reported an estimated net worth of AUD 2.66 billion.
Insight: Celebrating over a century in the industry, Hutchinson’s legacy is evident in a wide range of sectors, from residential to commercial. Their reputation for reliability and quality has made them a preferred choice for many clients.
How They Work: With over a century of experience, Hutchinson Builders operates across a broad spectrum of sectors, including residential, commercial, health, and education. They are structured around a team-based model and are known for their collaborative approach.
What Makes Them Different: Their longevity in the business speaks to their adaptability and resilience. Hutchinson Builders is known for its diverse project portfolio and strong community engagement initiatives.
Significant Projects:
1. Brighton Homes Arena, Springfield
2. Howard Smith Wharves, Brisbane
3. East Shores Precinct Gladstone
4. The Star Gold Coast, Broadbeach Island

8. Mirvac Group

Founded: 1972
Net Worth: According to Mirvac Group’s latest financial reports the company’s current revenue (TTM) is $1.54 Billion.
Insight: Mirvac’s focus on urban regeneration projects and their integrated business approach have given them a unique edge. Their dedication to sustainability has won them numerous, reinforcing their commitment to shaping better urban futures.
How They Work: Mirvac is not just a construction company but also a developer and investor. They focus on urban projects, predominantly in the residential, commercial, retail, and industrial sectors.
What Makes Them Different: Their integrated model of operation sets them apart. Mirvac oversees the entire project lifecycle, from sourcing land and securing approvals to design, construction, and sales. They’ve been recognised for their commitment to sustainability and innovative design.
Significant Projects:
1. Prince & Parade
2. MEKKO The Fabric
3. The Langlee

It’s worth noting that each of these companies has numerous projects in their portfolios spanning decades, and the ones mentioned above are just a snapshot of their work. For a comprehensive list and detailed specifics, it’s always a good idea to visit each company’s official website or annual reports

Each of these companies has carved out a niche for itself in the Australian construction landscape. Their histories, corporate cultures, project portfolios, and visions set them apart from each other and the competition.

Keen to join the ranks of Australia’s leading construction companies? Start your journey with our Certificate IV and Diploma of Building and Construction (Building). Nail that, and who knows? You might just be the next big thing in Aussie construction.

Do You Have Any Questions?

How to get a Builder’s Licence in Australia: A Step-by-Step Guide

•

July 26, 2023

The Future of Victorian Homes: All-Electric

•

August 16, 2023

Cost of Building a House in Australia

•

July 25, 2023

Sustainable Building Practices in Australia

•

September 12, 2023

Call Us

Email Us

Location