January ๐ ๐ฅ๐จ๐จ๐๐ฌ ๐๐ง๐ ๐๐ฒ๐๐ฅ๐จ๐ง๐ ๐๐๐ฌ๐ฉ๐จ๐ง๐ฌ๐: Is ๐๐ฎ๐๐ค๐ฅ๐๐ง๐ ๐๐จ๐ฎ๐ง๐๐ข๐ฅ on top of the situation and are they able to…
Newshub reported today, the 30th of November, 2022 (link) that โThe number of building sector liquidations has already surpassed 2021 and we've still got five weeks left in the year.โ. According to Newshub the developer Treasure Plus say they have โfaced several challenges in the past few years and they want to apologise for the delay in the project.โ.
Around the country hundreds of builders have already collapsed this year and many more are expected to follow. The situation in the construction sector has been described as 'unprecedented'. How did the industry get to this? Hagar Cohen reports with producer Kirsten Robb.