The addition of Peter brings over 25 years extensive building industry knowledge and experience, increasing the depth of the Group’s management capabilities and enabling it to expand.

Peter’s 25 years in the mining and exploration, petroleum and building construction industries, have been with Newcrest Mining, Mobil Oil, Ernst and Young, Baulderstone Hornibrook and AV Jennings. His involvement in each has been in senior financial, technical and management roles.

The McCracken Group has an expected positive growth of 5% in the business despite the recent challenging economic environment. Its members are on target to deliver in excess of 380 dwellings in the current trading period and are well positioned to expand on this in the coming years.

CEO of the McCracken Group, Ross Perre said “The formation of the McCracken Group and the appointment of Peter Jackson as its Chairman is timely, strengthening the position of the McCracken Group and achievement of its strategic goals of a substantially increased position in the home building sector. Peter’s acceptance of this newly created position is a welcome addition to the Group.”