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Real reasons Australian construction is collapsing after Oracle Homes catastrophe

As building companies such as Oracle continue to collapse, some people losing their dream of a new home are blaming over-committed builders chasing government stimulus money. ....

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Oracle collapse leaves Queensland father with 'shell of a house' and piles of rubbish out the front

Queensland father-of-three Dale Liston returned from hospital to find piles of rubbish left by deserting contractors in the wake of the collapse of the Oracle Building Corporation this week. ....

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Oracle Homes customer discovered on Facebook his home would remain unfinished

Queensland man Dale Liston only found out that Oracle Homes, who were building his house, had collapsed while browsing Facebook. Mr Liston said the builder had told him everything was fine . ....

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Why Australian builders and tradies are going broke

New Australian Bureau of Statistics data released on Thursday showed 50,000 construction companies were set up between July 1, 2020 and June 30, 2022. But there are fears of more collapses. ....

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Oracle Building Corporation Pty Ltd: Building giant collapses

It is the latest in a wave of devastating collapses in the building industry which is seeing firms go under across Australia sunk by high costs and supply constraints. ....

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