More building companies to 'topple over', as display home giant Metricon sheds staff to survive

  • 📰 abcnews
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 83%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

One of the nation's most prominent home builders is set to shed almost a tenth of its workforce, as concerns continue about Australia's construction industry.

At the same time, the industry has been grappling with soaring inflation or price hikes on a range of crucial materials, including timber, flooring and even toilets.

BIS Oxford Economics senior economist Maree Kilroy told ABC News that Metricon's restructure was expected in the current climate."And we expect the build costs to remain elevated for another 12 months. "This is on top of a higher assumed dropout rate for projects, with a significantly greater share of approved dwelling not making their way to completion.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

AirbusAlbo is in a race with Brandon to see who can root an economy fastest.

Poor them, they had such a tough time in the past 15 years...

The RBA's latest interest rate rise will guarantee these failures. No concept of what a business (and individual's) need to survive

What did they do with all their jobkeeper handouts and the money for building house renovations and additions

A company is only as good as its management

And yet - Albanese banging on about an Indigenous voice to parliament 🙄 he needs to check his priorities because that isn’t even in the top 10

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 5. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Matthew Guy’s chief of staff quits over proposal for party donor to pay his company directlyMitch Catlin had forwarded Victorian opposition leader proposed contract requiring donor to pay his company $8,333 a month Dear mr Guy. We want Fisherman’s Bend back! Can you ask your property developer mates to give back their millions? Yours sincerely, People of Victoria. BREAKING: Party that thought Tim Smith offered something found to be utterly useless. rememerthisnovember
Источник: GuardianAus - 🏆 1. / 98 Прочитайте больше »