What Lend Lease and Leighton shareholders need to know

Following the Victorian government's plan to ban Lend Lease as a contractor, Leighton is also in the gun. And both must own up to investors about the seriousness of the situation.

The directors of Lend Lease urgently need to inform the stock market that, as a result of the Lend Lease enterprise bargain with the unions, Lend Lease is set to be banned as a contractor by the Victorian government. Unless the union backs down, or Lend Lease develops a new management strategy, it will effectively be a lifetime ban.

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