Luxury Sydney developer collapses owing $50m
HIGH-rise and luxury apartments developer EQ Constructions is among the first builders…
Labour shortages & material costs push builder into admin
ANOTHER builder has folded under the pressures of rising costs and labour…
Over 40 parties vie for $155m project after developer defaults
AROUND 40 expressions of interest have been received for the under-construction $155…
Building industry domino effect continues
ANOTHER builder has crumbled, after WeBuild pulls out of its $350 million…
Receivers offload partially constructed apartment development
A PARTIALLY constructed apartment tower in the Blacktown CBD previously owned by…
$100m WA construction firm folds
THE impact of COVID on supply chain issues, materials costs and labour…
Lender puts $155m development in admin after developer defaults
THE Liberman family-backed non-bank lender Merricks Capital has placed the $155 million…
Victory Offices calls in administrators
ASX-listed co-working space operator has gone into voluntary administration Victory Offices after…
Major win for some Probuild creditors
CREDITORS of failed construction giant Probuild with debts of less than $25,000…
Construction sector calls for payments security
AUSTRALIA'S construction industry will see more insolvencies if clients and governments continue…