Construction company Probuild to file for voluntary administration

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Sky News Business Editor Ross Greenwood says construction company Probuild is set to file for voluntary administration.

“It’s an interesting demise for this company, if this is what’s taken place – we understand that subcontractors have walked off the job,” he told Sky News Australia.

Mr Greenwood said he is told subcontractors walked off the job “very suddenly” when informed sites such as Brisbane’s 443 Queen St project were going to be shut down.

 

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