Australia’s best builders take out top awards
The country’s best builders downed tools for the national awards for the Master Builders Association, their first live awards night since COVID
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Sydney’s newest skyscraper has collected yet another award, this time for the builder.
Hot on the heels of being named International High Rise of the Year in Frankfurt, Sydney’s Quay Quarter Tower is once again on the winner’s podium at the weekend’s Master Builders Assocation’s National Excellence in Building and Construction Awards.
Multiplex Constructions won the top award, the National Construction Master Builder of the Year for the 50-storey Quay Quarter Tower at the awards hosted by Sylvia Jeffreys and Peter Stefanvoic.
MBA CEO Denita Wawn singled out the exceptional work on the landmark building, which was a joint project between Danish architectural firm 3XN and Australian architectural firm, BVN.
“The 50-storey Quay Quarter Tower is the catalyst for the transformation of Sydney’s iconic Circular Quay, supporting Sydney’s future as a green, global and connected city,” she said. “Multiplex was required to overcome key construction challenges of building movement, complex demolition and strengthening works, large cantilevered elements, and concurrent construction across multiple fronts.”
In other top categories, the Toyota National Young Builder of the Year went to Andrew Kerr, founder of AusCon NT, from the Northern Territory.
“Born and raised in Alice Springs, Andrew is passionate about the local community of Alice Springs and aims to build a lasting reputation through supporting local businesses and working on construction projects for the betterment of the local community and its people,” Ms Wawn said.
Perth builder Spadaccini Homes took out the award for National Residential Master Builder of the Year for the Hirniak residence, while Vos Construction & Joinery was awarded the 2022 National President’s Award for their work on the My State Bank Arena in Hobart.
Tasmania was also home to the National Apprentice of the Year, Zac Smith.
“Zac’s outstanding efforts on site were also reflected by his TAFE results,” Ms Wawn said. “His understanding of the importance of WHS and respecting others on a work site saw him become a sought-after team member and offered additional project responsibilities.”
He was not at the award ceremony on the weekend because his wife was giving birth.
Luxury carmaker delivers historic revenues, record global sales, and robust profitability amid ambitious product transformation.
Fourth-quarter revenue climbed 24% to 110.61 billion yuan, equivalent to $15.30 billion, but missed estimates.
Luxury carmaker delivers historic revenues, record global sales, and robust profitability amid ambitious product transformation.
2 minLuxury car manufacturer Automobili Lamborghini has posted its strongest-ever financial results, achieving record-breaking revenues of €3.09 billion in 2024, surpassing the €3 billion threshold for the first time in the company’s history.
Operating income also reached an all-time high of €835 million, reflecting a 15.5% increase over the previous year, while maintaining an impressive operating margin of 27%.
Global sales saw significant growth, with Lamborghini delivering 10,687 cars in 2024, a 5.7% increase year-over-year. This growth was consistent across key markets in the Americas, EMEA, and Asia-Pacific regions, highlighting the global strength of the Lamborghini brand despite challenging market conditions.
Chairman and CEO Stephan Winkelmann attributed the company’s success to the strategic renewal of its product range and the strength of its team. “Evolving the entire product range while continuing to grow: this is how we can summarize another record year for Automobili Lamborghini,” Winkelmann said. “We are confident and determined as we embrace the next challenges in the sector, continuing to combine performance, exclusivity, and innovation.”
The record results reflect an intense 18-month transformation period, marked by the introduction of three new models. The launch of the Revuelto—the first V12 High Performance Electrified Vehicle (HPEV)—combined Lamborghini’s iconic heritage with advanced hybrid technology. Additionally, the new Urus SE elevated the Super SUV segment, introducing cutting-edge innovations in technology, efficiency, and performance. Lamborghini also introduced the Temerario at the prestigious Monterey Car Week, embodying the brand’s uncompromising spirit and design ethos.
Paolo Poma, Managing Director and CFO, emphasized Lamborghini’s commitment to sustainable growth and innovation. “Our goal remains achieving sustainable growth from both financial and environmental perspectives, creating lasting value for all stakeholders,” said Poma.
The company’s ongoing success has boosted employment significantly, with 1,000 new employees joining the workforce over the past two years, representing a 30% increase. This expansion is supported by Lamborghini’s most substantial investment plan ever, designed to modernize production, enhance manufacturing capabilities, and improve the sustainability of the company’s industrial ecosystem.
Automobili Lamborghini remains a significant contributor to Italy’s economy, reinforcing the global prestige of Made in Italy through a commitment to exclusivity, craftsmanship, and technological innovation. With these strong results, Lamborghini is poised for further growth and continued excellence in the luxury automotive industry.
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