Simonds ASX: Home builder Simonds Group hit by materials, labour shortages
As it slumped to a loss, the volume builder said continuing demand for homes even after the end of the HomeBuilder stimulus was keeping up pressure on costs.
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As it slumped to a loss, the volume builder said continuing demand for homes even after the end of the HomeBuilder stimulus was keeping up pressure on costs.
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NSW’s largest home builder will now be known as NXT Building Group, with CEO Andrew Helmers seeing acquisition opportunities in the current market turmoil.
The southern state’s construction industry reported a smooth resumption of work after a snap shutdown - as the police showed they were very quick to act.