Why are Australian builders are going BUST? | WATCH

PHOTO: ABC. YOUTUBE Demand for housing is exceeding supply, yet rather than benefiting financially, thousands of Australian builders have gone bankrupt. Economists warn that […]

Property Noise Editorial Team
18 September 2024 • 1 min read

PHOTO: ABC. YOUTUBE

Demand for housing is exceeding supply, yet rather than benefiting financially, thousands of Australian builders have gone bankrupt.

Economists warn that insolvencies in the construction industry have reached historic levels, with no indication of slowing down.

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Aussie builders going bust | WATCH

TAGS: Aussie builders, Australian builders, Australian builders bankrupt, Australian building costs, Australian housing crisis, builder bankruptcies, construction industry crisis, construction insolvencies, construction sector financial issues, construction sector insolvencies, housing demand, housing market Australia, housing supply shortage

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