Construction
‘Sleepless nights’: The Metricon customers whose dream homes became nightmares
Metricon customers are fearful of losing their money and claim they’ve been left in the dark about the future of their homes amid construction delays and price hikes.
- by Tawar Razaghi
Latest
‘Contagion’: Experts warn ‘zombie’ businesses will drive collapses
The construction industry is most at risk from financially distressed companies that have been lurching around after being propped up by government stimulus.
- by Sarah Danckert
New home build times blow out, prices jump as builders face supply squeeze
Consumers are feeling the pressure as the price of materials goes up, forcing lengthy delays in moving into new or renovated homes.
- by Elizabeth Redman and Jackson Graham
‘A very major correction’ under way as building industry faces crisis
Builders are bracing for a major slump as they struggle with surging costs for raw materials, worker shortages and supply delays.
- by Josh Gordon, Jackson Graham, Tawar Razaghi and Elizabeth Redman
‘Stories of impending doom are untrue’: Metricon acting chief
“We’re strong, we’re paying everybody on time, nobody’s behind in any payments,” acting Metricon chief Peter Langfelder assured customers and creditors.
- by Nell Geraets, Jackson Graham, Sumeyya Ilanbey and Sarah Danckert
Metricon denies solvency issue as it prepares for government talks
Australia’s largest home builder has denied any solvency problem as rumours swirl following the sudden death of founder Mario Biasin.
- by Jackson Graham, Sumeyya Ilanbey and Sarah Danckert
Start your (Sunday) jackhammers: NSW pursues extended construction hours
Planning Minister Anthony Roberts told developers he was looking at ways to permanently allow weekend construction.
- by Michael Koziol
‘I’ve had enough’: Why some want out of Victoria’s building industry
Building industry has never been busier but the spiralling cost of timber, steel and other materials means it is difficult to make money.
- by Noel Towell
Exclusive
Perth
Is the writing on the wall for yet another Perth builder?
The company was launched by a Perth socialite couple in August 2020 in the middle of the pandemic with a promise to build homes with a guaranteed 20-week build time.
- by Sarah Brookes
Sky’s the limit as a record number of cranes light up Sydney, Melbourne
Sydney and Melbourne’s hard-hit construction sectors are bouncing back from COVID-19 with a record number of 813 cranes dotted across their skylines on projects from apartment towers to hospitals.
- by Carolyn Cummins
Clients, suppliers left in the lurch by another WA building company collapse
Another WA building company has gone into liquidation, leaving clients facing hundreds of thousands of dollars in costs to salvage their dreams.
- by Sarah Brookes