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Why so many builders are going bust

Why so many builders are going bust

FromABC News Daily


Why so many builders are going bust

FromABC News Daily

ratings:
Length:
13 minutes
Released:
May 30, 2023
Format:
Podcast episode

Description

When you're halfway through building a new home - or renovating an old one - and the builder goes bust, it's devastating for everyone involved. 

Now, more and more people are finding themselves in exactly that position, with building company insolvencies in Australia at the highest level in almost a decade. 

So what’s going on? 

Today, ABC business reporter, Michael Janda, on what the crisis in the industry says about the wider economy, and where we’re heading next. 

Featured: 

Michael Janda, ABC business reporter 
Released:
May 30, 2023
Format:
Podcast episode

Titles in the series (100)

ABC News Daily is the podcast that helps you understand the issues affecting your world. Every episode, host Samantha Hawley walks through one story with the help of an ABC colleague or expert in under 15 minutes. When you want coverage you can trust, listen to ABC News Daily.