Just confirmation that development has been approved based on...

Just confirmation that development has been approved based on the announcement last year:
http://hotcopper.com.au/threads/ann...labs-site-in-east-perth.2467040/#.V9QLvnPmjqA

But surely the MRA (a government department spending our tax money) will have to reassess this decision.

The builder selection process must have a commercial risk assessment component. It would take a brave person in the MRA to award a significant contract to a builder who:
- is in a trading halt because of accounting difficulties with their FY16 statements
- is currently in litigation with their last client
- is currently in litigation with numerous subcontractors.

Not sure how a company with a market cap <$3mil can get finance for a $180mill project!

https://au.news.yahoo.com/thewest/wa/a/32582689/subbies-caught-in-diploma-group-chaos/