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The use of reverse factoring, a type of supply-chain financing solution, has been steadily increasing across the... (more…)
#CIMIC#Greensill#invoice
Financial and competition regulators in Australia have teamed up to look into the rising use of... (more…)
#CIMIC#invoice#payment terms
Australia’s largest listed construction company CIMIC is facing fresh claims over its financial reporting... (more…)
#CIMIC
CIMIC, Australia's biggest construction group, has named Spaniard Juan Santamaria as its new chief executive ... (more…)
CIMIC has claimed it is now generating solid income without relying on so-called... (more…)
Engineering group UGL, which is working on Melbourne's Metro Trains and Brisbane's Cross River Rail projects, has told suppliers materials…
#bank#C2FO#CIMIC
...has confirmed the use of so-called factoring - a technique that smooths cash flows - throughout its global construction empire…
CIMIC has lost AU$1.6bn of value in just two days after Hong Kong's... (more…)