Insolvency in the Australian Construction Industry
The construction industry is a large and dynamic field, accounting for 5.7 per cent of Australia’s GDP, according to the HIA Window into Housing. The industry,...
Builder Insolvencies and Holes in the Ground
The Australian high-rise apartment boom is winding down and there are signs that some contractors are winding up.
Labor Takes Aim at Phoenix Company Operators
Directors of companies in Australia will need to obtain unique identification number and would be required to provide identification under a new plan put forward by...
Queensland Subcontractors is the latest Builder Collapse
Subcontractors throughout Queensland could lose up to half a million following amid the latest building company collapse, the state’s housing and public works minister says.
Perth Builder Traded While Insolvent
Perth home builder Builton Group was trading while insolvent for several months last year before administrators were called in, but was given a clean bill of...
Construction to Resume on Watersun Projects
Builders have been secured for more than 200 properties left in the lurch when Melbourne-based Watersun Homes went bust.
Administrator Called in for Watersun Homes, 80 Jobs Lost
Watersun Homes, a construction company that formerly sponsored an AFL team, has called in administrators to sell its projects and told 90 full-time workers their jobs...
Bob Day’s Companies Owe Suppliers Over $12million
Failed building boss and departing Senator Bob Day has gone to ground as the fallout continues over the liquidation of his building group which has left...
No Action on Construction Sector Insolvencies
Even as hundreds of companies go bust every month, no action appears to be likely with regard to insolvency within Australia's construction sector in the short...
York Civil to Stop Trading Immediately
A South Australian construction company involved in major infrastructure projects around Australia will stop trading immediately.
U.K. Construction Giant in Liquidation, Putting 6,000 Canadian Jobs at Risk
One of the British state's biggest contractors collapsed Monday, putting thousands of jobs at risk, after creditors and the government refused to bail out a company...