Debts Hammer Construction Sector

NEWS

Debts Hammer Construction Sector

five segment color bar 400

Our Executive Director, Wayne Clark was interviewed by Matt Mckenzie of Business News as part of the story on two leading construction businesses in Western Australia, Pindan and Jaxon going under.

A rapid swing in momentum in the WA construction market has toppled businesses, and there are signs more could follow.

The recent collapses of Pindan and Jaxon with combined debts of $90 million shocked observers in WA in a construction market that is white hot.

But the speed with which that hot market accelerated is a contributing factor to the pressure in the industry.

Read the full article in Business News: https://www.businessnews.com.au/article/Debts-hammer-construction-sector

CATEGORIES

Credit Insights

12 Questions

News

Newsletter

Videos

BICB umbrella motif

Some of our valued connections

Similar Posts

Using BICB services and the data and information provided has helped our business make confident decisions when it comes to credit applications for our company.
ALLKIND Joinery
…The BICB is a great organisation whose members always look to be constructive and fair in any dealings they have with clients.
Michael Chesterman, Helix Legal
Excellent service and support. I have known Wayne and the team for many years, and they are a mine of information…
Jenny Lanyon
…Their hard work provides members with up to date and well researched information . …The monthly meetings are a great way to catch up with others in our industry and are always of value.
Geraldine Owens
Using BICB services and the data and information provided has helped our business make confident decisions when it comes to credit applications for our company.
ALLKIND Joinery
…The BICB is a great organisation whose members always look to be constructive and fair in any dealings they have with clients.
Michael Chesterman, Helix Legal
Excellent service and support. I have known Wayne and the team for many years, and they are a mine of information…
Jenny Lanyon
…Their hard work provides members with up to date and well researched information . …The monthly meetings are a great way to catch up with others in our industry and are always of value.
Geraldine Owens