Why more building companies will likely collapse in the coming months
There are predictions more building companies will be forced to fold amid mounting pressure on the construction industry in Australia.
Gold Coast-based Condev and Probuild collapsed in recent months.
Today, Surfers Paradise builder Pivotal Homes and Brisbane’s Solido Builders joined the list.
Co-founder of the Association of Professional Builders, Russ Stephens, says the picture is bleak.
“Yes undoubtedly I think there will be more to come,” he told Scott Emerson.
Press PLAY below to hear why