Another home builder goes bust as industry struggles
Another Victorian building company has gone bust, weeks after the collapse of one of Australia's largest home builders,...
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Another Victorian building company has gone bust, weeks after the collapse of one of Australia's largest home builders,...
Two industry insiders have called for greater transparency in the construction sector as major home builders continue to collapse leaving people in the lurch with half-finished houses.
The NSW-based company, also known as EQ Projects, collapsed earlier this month and owes money to between 400 and 500 creditors.
Barely a week goes by without another Australian building company going under and there is no sign of the carnage stopping any time soon - and these collapses affect everyone in one way or another.
Two major Western Australian building firms have collapsed amid rising construction costs which are causin...