Woolworths and its US partner, Lowe's, have pulled the plug on the loss-making Masters home improvement chain.

Lowe's flags Masters write-downs

Woolworths' home improvement partner, Lowe's, acknowledges its one-third stake in the failed Masters venture is no longer worth almost $900 million.

CIMIC cleans out Devine board

Devine has appointed former chief operating officer of Leighton Properties Andrew Cooper as its new chief executive and dropped chairman Pet...

Masters' pain is Bunnings' gain

Bunnings boss John Gillam flew back into Australia on Sunday after spending most of the Christmas break in Britain finalising a $1.7 billion...