Construction boom over with warnings industry could soon go bust
The Reserve Bank of Australia warned in October 2019 the construction industry was going to go bust after enjoying a boom between 2012 and 2017.
Source: dailymail.co.uk
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Company collapses continue in Australia's "construction industry bloodbath"
Building firms are crashing, throwing countless workers out of work and owing millions of dollars to home buyers, contractors, suppliers and workers.
Source: wsws.org
Multi-billion dollar Melbourne property developer Caydon collapses blaming Melbourne Covid lockdowns
Another company in the building and construction sector has gone into liquidation with Melbourne-based Caydon Property Group announcing receivers had been appointed.
Source: dailymail.co.uk
Aspiring homeowners facing $120k price hike after builder pulls out
When Victorian nurse Jillian Edelsten signed on the dotted line to buy her first property two years ago she...
Source: 9news.com.au
Property news Australia: More housing market shockwaves predicted as interest rate hikes hit developers
More pain is coming to the Australian housing market, a construction insolvency expert has warned, as the c...
Source: 9news.com.au