Lend Lease shows that cartel bans do pay

The banning of cartel-style labour agreements has worked well for Lend Lease, and Victoria is reaping the benefits.

What a difference a good chairman can make. Lend Lease shareholders can be grateful that their chairman, David Crawford, decided to move the Lend Lease construction activities from a cartel-ridden business to proper trading.

Partly as a result of that, the Lend Lease consortium was able to be the preferred bidder for the first stage of the Victoria’s East West Link project.

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