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Battered Brierty

DIVERSIFIED contractor Brierty is facing a $15 million pre-tax loss on a Western Australian road contract and will likely post up to a $6 million loss for the 2015-16 financial year.

Noel Dyson
Contractor battered by poor performance on a road contract. Other parts of the business doing well though.

Contractor battered by poor performance on a road contract. Other parts of the business doing well though.

The company’s directors, along with managing director Peter McBain, have elected to take 15% pay cuts. After a thorough investigation, Brierty alerted the Australian Securities Exchange to the potential...

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