Sky News Business Editor Ross Greenwood has unpacked the driving force behind the staggering number of insolvencies in the construction industry, with the tax office largely to blame for the mass collapse.
Sky News Business Editor Ross Greenwood has unpacked the driving force behind the staggering number of insolvencies in the construction industry, with the tax office largely to blame for the mass collapse. Picture: Getty Images Greenwood explained the price of land was so expensive at the moment that builders were struggling to turn a healthy profit, let alone finding a buyer to purchase the property from them.
According to the Alares data, the number of businesses owing more than $100,000 in overdue tax by more than 90 days exceeded 27,000.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Giant $400 million building company Stevens Construction collapsesThe firm had a portfolio worth more than $400 million, ranging from luxury apartments and affordable housing to retail projects.
Herkunft: 9NewsAUS - 🏆 10. / 72 Weiterlesen »
Building bad: How bikies, underworld have become a construction industry ‘cancer’A months-long investigation featuring secret surveillance reveals how bikies, criminals and underworld figures have infiltrated the building industry including on large publicly funded projects.
Herkunft: brisbanetimes - 🏆 13. / 67 Weiterlesen »
Building bad: How bikies, underworld have become a construction industry ‘cancer’A months-long investigation featuring secret surveillance reveals how bikies, criminals and underworld figures have infiltrated the building industry including on large publicly funded projects.
Herkunft: smh - 🏆 6. / 80 Weiterlesen »
Building bad: How bikies, underworld have become a construction industry ‘cancer’A months-long investigation featuring secret surveillance reveals how bikies, criminals and underworld figures have infiltrated the building industry including on large publicly funded projects.
Herkunft: theage - 🏆 8. / 77 Weiterlesen »