From the viewpoint of a politician, little will raise your interest in construction sector insolvencies more than having media reports broadcast that thousands of subcontractors were likely to receive no payment at all for work they performed on government-funded road projects.

Thus it took only three days after liquidator Mark Robinson advised creditors, including more than 1,000 subcontractors who were collectively owed at least $85.8 million by failed builder Reed Constructions largely in respect of government funded road projects, that they would likely receive no payment at all in August 2012…