It seems like not a day goes by without another Queensland builder going bust, and there’s a reason for that, says Sky News host Amanda Stoker.
“With costs 44 per cent higher over two years, and it taking twice as long now to build a home than it did before the pandemic, they are stretched to the limit,” Ms Stoker said. “It’s never been harder to make a small or medium-sized construction business work in this state and every time one of them goes bust – the remainder learn the lesson that margins are too slim, and prices have to go up.
“This state – indeed this whole country – needs a massive wake-up call on just how hard it is for a little guy to do business right now. “But clearing this regulatory mess is entirely within the power of state and federal governments and it would make a long-term and a short-term difference to the cost of building a home.”
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ANZ boss thinks Victoria is the ‘worst state in Australia to do business’Sky News host Caleb Bond says ANZ Chief Executive Shayne Elliott has claimed that Victoria is the “worst state in Australia to do business”.
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