Building Industry Collapsing
Here we have listed examples of Australian building companies collapsing, it’s sad to see an industry that was once highly regarded going down the gurgler. Being an owner builder is looking more and more like a safe and sound choice.
Building Industry News
- Major Australian home builder collapses under weight of unpaid debts
- Aussie building company Clarke Homes goes into administration
- Bensons Property Group enters administration
- Vulnerable: Collapsed builder slammed
24/9/24 - Builder collapses, multiple customers impacted
20/9/24 - Secret horrors being hidden from Aussie homebuyers
16/9/24 - Collapsed group of businesses owe $26m, customer loses $14k
10/9/24 - Major Victorian builder Grandeur Homes collapses, 110 projects in limbo
3/9/24 - 2024 ‘worst year ever’ for builders falling like dominoes
- A Queensland building firm has collapsed
- Builder warns of industry collapse after 50,000 tradies quit: ‘Very bleak’
26/3/24 - A lot of pressure on businesses in the construction industry
13/3/24 - Homeowner shock as company collapses
23/5/23
Quoted from ABC News
Between July 2022 and April 2023, 1,709 construction companies across the country entered administration, according to data from the Australian Security and Investments Commission (ASIC). This includes the likes of Porter Davis, Probuild, Pivotal Homes, and more recently, South Australian builder Qattro.
