Canberra Builder, Banyan Construction has collapsed with $21 million in debt.
Australian construction work collapsed, continuing its sixth quarter of decline.
A Queensland Builder has gone bust owing creditors over $4 million dollars.
While building approvals were up in December they are down over 19% year on year.
Building approvals have plunged by over 8% on a seasonally adjusted basis. Not a confident sign for the economy.
Builder licensing isn’t stopping dodgy operators.
#Cladding #Fire #HeiseSays Student accommodation at The Cube on Bradshawgate in Manchester suffered from a raging cladding fire. References 40 fire crews tackle flames ‘crawling up cladding’ at student flats http://mgoboard.com.au/wp-content/uploads/2016/08/NCC2016-BCA-Guide.pdf
#Construction #BuildingCommission #HeiseSays Calls are being made for an Independent Building Commission to address the construction issues in NSW. References NSW parliamentary committee report calls for independent building commission to fix construction industry https://www.abc.net.au/news/2019-11-13/nsw-report-calls-for-independent-building-commission/11700732?section=business
#Construction #Property #HeiseSays Dwelling approvals have dropped over 21% when compared to this time last year. References
#Construction #Collapse #HeiseSays The Hard Rock Hotel in New Orleans. References Cranes exploded, city hopes to finally retrieve two bodies stuck in Hard Rock Hotel ruins https://www.washingtonpost.com/nation/2019/10/20/new-orleans-officials-prepare-blow-up-two-giant-cranes-site-deadly-hard-rock-hotel-collapse