Viridi Group, a major NSW construction company, is now under administration. Based in southwest Sydney, the group has worked on construction projects including Taronga Zoo’s wildlife retreat, Macquarie Univeristy, cabins on Hayman Island, and works at various schools including Cranbrook School. Viridi describes itself as “(leading) the way in revolutionising construction through innovation, advanced manufacturing, … Read more
Construction company Main Facilities has gone bust after over a decade reshaping the state. The state government contractor which worked on commercial projects across the education, justice, and health sectors entered administration last Wednesday. Vanguard Insolvency Australia liquidator Mohammad Najjar was appointed as the administrator to oversee the future of the company, according to ASIC. … Read more
The widow of a young father-of-three who died after a shift building Brisbane’s Cross River Rail has claimed his death “could have been prevented”. However, the authority delivering the mammoth infrastructure project maintains no findings have been made to back up claims by the family and a union that he died of heat stress. Subcontractor … Read more
Rick Fox has spent a lot of time in Hollywood, so naturally he has more than one origin story. Canadian-born, Bahamian-raised Fox played professional basketball in the NBA in the 1990s and 2000s, starring for the Boston Celtics and Los Angeles Lakers. After retiring from the sport in 2004, he became a full-time actor, appearing … Read more
The end of COVID-19 didn’t herald the end of issues plaguing the construction industry, including lengthy wait times to complete homes and residential builders going bust. Housing Industry Australia South Australian director Stephen Knight said the average time for a house to be finished is now about 14 months — still much longer than the … Read more
West Australian building company Modco Residential has entered voluntary administration, blaming rising costs and the media for its downfall. The WA building regulator, Building and Energy, warned the public to be “cautious” when dealing with the company because it had significant reason to believe it was under financial stress, with several court cases launched against … Read more
A South Australian builder has been placed into administration, leaving dozens of customers with unfinished home builds. Consumer and Business Services stripped 7 Star Construction of its licence earlier this month after dozens of complaints over substantial delays and the quality of work being done. The company, owned by Qamil Veseli, has 27 unfinished homes … Read more
At least 100 people are jobless and an unknown number of projects are in limbo after a major Australian construction company collapsed, citing “inflationary pressures”. NPM (National Projects and Maintenance) Group, comprising 10 enterprises operating across Australia, went under on Monday. “The ongoing market pressures have made NPM’s continued operation untenable, due to skilled labour … Read more
