Construction firms are collapsing after a loss-making boom, and 'massive greed' is to blame - ABC News
8/22/2022 12:00:00 AM2 years 8 months ago
by Nassim Khadem
by Nassim Khadem
The demise of Australia's construction industry was caused by speculation and greed, major developers argue, with more builders tipped to collapse over the next 18 months, leaving consumers in significant trouble.
After witnessing four decades of boom-to-bust cycles in Australia's residential property industry, experienced Gold Coast developer Soheil Abedian puts the construction industry's current woes down t… [+16410 chars]
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