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A Victorian building company is the latest to go under as cost of living pressures put increased strain on the industry. Waterford Homes appointed liquidators on Friday.
Australian builders are on the brink of going bust due to soaring raw material costs for fixed price contracts and half are struggling to make a profit.
Following a bailout offer from the New South Wales government, Metricon has secured a massive new bank loan, temporarily saving it from joining the growing list of building industry liquidations.
The Housing Industry Association has unveiled the winners of the 2022 HIA-CSR Australian Housing Awards, with Queensland’s JW Constructions taking home the HIA-CSR Australian Home of the Year award.
The Association of Professional Builders (APB), a business coaching service for custom home builders, with members in the United States, Canada, Australia and New Zealand, has announced the findings from its annual State of Residential Construction Industry (SORCI) Report for 2022.