building industry

The Victorian government is considering a major change to the process of building apartment blocks after multiple homeowners were stung by a blind spot in the law. In September, news.com.au reported that a loophole had left 77 Melbourne…

A building company that sensationally collapsed earlier this month after it shut down its website and abandoned its construction sites has millions more debt than was first expected. On March 7, PBS Building, a multimillion-dollar firm…

Two more building companies have collapsed less than a week after the construction sector was shaken by the collapse of a multimillion dollar firm with a foothold across three states. Queensland-based National Construction Management Pty…

A Queensland family is concerned after getting into $640,000 debt for a townhouse only to learn their builder is “teetering on the edge of ruin”.PBS Building, a multi-million dollar firm which does a mix of commercial and residential…

A prominent Australian building company spanning across three states is “teetering” on the edge of ruin, a top union member has warned. PBS Building, a multimillion dollar firm which does a mix of commercial and residential projects, is in…

Another building firm has joined a long list of casualties in the sector after it went into voluntary liquidation. Last Friday, Brisbane-based residential builder Pantha Homes Pty Ltd collapsed. Then this Tuesday, a notice was put out about…

This year is slated to be the worst in over a decade for the residential construction industry, as cash-strapped Australians opt out of building their homes, which will lead to a massive slowdown in the sector. That’s according to the…

A major Melbourne company connected to the building industry has collapsed owing $7.1 million, while 197 staff members have lost their jobs on the spot as a result of its demise.CDC Plumbing and Drainage announced its closure, along with…

An awarding winning residential building company in Victoria has collapsed owing $780,000 to 50 creditors, with the horror of 2022 – where more than a dozen firms went under – continuing for the industry in the new year.Delco Building Group…

A tradie who went through the “grim” experience of losing close to $35,000 when a Melbourne building company collapsed owing a staggering $5.5 million, was “absolutely gobsmacked” to uncover the firm has used its old Instagram account to…