Fine Radar
The News Hub
Browsing Tag

Delco Building Group

Melbourne man’s incredible bad luck

One unlucky couple have been caught up in the collapse of a major Victorian construction company just a few months after their previous builder also sensationally went into liquidation.On Friday, news.com.au reported that Australia’s…

Two more building companies bite the dust

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…

$90m builder ‘teetering on edge of ruin’

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…

Builder collapses, homeowners in limbo

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…

Company’s $7m collapse sees 197 staff sacked

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…

62 homes in peril after builder’s collapse

A whopping 401 creditors are unlikely to receive a cent of their lost money from a collapsed building firm unless the liquidator can find a “pot of gold” buried among the company’s limited assets.In January, Melbourne-based residential…

Another building company collapses

Another building company has collapsed, marking a grim start to 2023.On Monday, Western Australian building firm Metro Homes WA Pty Ltd, which also trades as Hamlen Homes, collapsed into administration.According to a notice lodged with the…

Major builder collapses owing $50m

A major apartment developer in NSW has collapsed owing at least $40 to $50 million with the construction industry continuing to be impacted by a crisis that began playing out last year.EQ Constructions – which was responsible for a number…