WebJun 25, 2024 · Steller, which at its height commanded a $4.2 billion pipeline of apartment, aged care and commercial projects spread across Melbourne, collapsed in July 2024 – two months after Mr Pitard and co ... WebMar 2, 2024 · Probuild's collapse is being described as a "nightmarish" situation by the construction company's administrators, with 800 workers owed $14 million and other sorts of creditors potentially owed much more. Key points: The Australian parent company of construction giant Probuild went into administration last week

Construction industry collapse: 16 companies, thousands of jobs …

WebApr 14, 2024 · In the past six months alone, a new swathe of construction firms have gone to the wall. In December, construction giant Clough —a Perth-based contractor involved in some of Australia’s biggest infrastructure projects, including the Snowy 2.0 hydropower project—collapsed owing creditors about $250 million. Its sudden demise has been ... WebMar 31, 2024 · Two major building companies collapse just hours apart The collapse of two large building companies, Porter Davis Homes Group and Lloyd Group, has left … 鳥取県 ドライブ 海

Heartache as Melbourne builders collapse leaving hundreds of

WebA Melbourne building company that collapsed owing $1.4 million did not operate a bank account in its own name for almost five years, raising questions about where customers’ money was being ... WebJul 27, 2024 · The collapse of the Caydon subsidiaries comes amid the latest concerns that rising interest rates are the next big threat to the Australian economy. Earlier this month, AMP senior economist Shane Oliver warned that the Reserve Bank of Australia is ‘determined to get inflation under control, even if it means the risk of recession’. WebThe Melbourne firm that specialises in infrastructure work for state governments and turned over $275m last year has been placed in administration. 0. ... LIST OF BUILDER COLLAPSES. 0. 鳥取県 の おみやげ