Tuesday, 20 November 2007


Goodman Fielder will close its oils manufacturing plant at Mascot, with the loss of 120 jobs, at a cost of $13 million, and will build a $30 million plant in Western Sydney ... AVJennings, in a joint venture with Ashe Morgan Winthrop, is poised to secure a commercial development site, at Sydney Olympic Park, according to "The Australian Financial Review". The building of up to 15,000 square metres, with an end value of $60 million, is opposite the site for a $55 million private hospital expected to be built next year ... Following the cut back to decentralise to Sydney Olympic Park, the Commonwealth Bank of Australia has leased all of the Darling Park 1 tower in the western corridor of the Sydney CBD ... Rail Corp has a contract with Indian software testing group Polaris, which plans to open a $4.8 million lab in Parramatta, to help shake the bugs out of a $500 million enterprise architecture and applications overhaul, according the "The Australian Financial Review".

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