Perth builders Collier Homes was placed into liquidation earlier this week, after more than 60 years in operation.
It is the latest in a series of building company collapses that have plagued the industry nation-wide since the COVID pandemic.Housing Industry Association executive director Michael McGowan said the loss of the company was significant. "It's becoming something daily we tend to read around the country that another builder has been unable to manage their way through those."
The scheme provides builders with up to $300,000 to finish builds already near completion, but which have been held up by banks.When will the housing crisis be fixed? The WA government finally has an answer, sort of ASX trims gains as inflation data comes in higher than expected, Gareth Hutchens takes your questions on CPI
Source: News Formal (newsformal.com)
Wa News News Wa News Perth Wa Builders Collier Homes Building Industry Covid Wa Housing Housing Crisis Builders Under Administration Unfinished Homes Wa Housing Market Australia Construction Industry Home Building
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