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AAP
AAP
Business
Mibenge Nsenduluka

Another home builder goes bust as industry struggles

Porter Davis Australia Lloyd Group
Builder Mahercorp has gone into voluntary administration, affecting more than 700 homes. (Bianca De Marchi/AAP PHOTOS) (AAP)

Another Victorian building company has gone bust, weeks after the collapse of one of Australia's largest home builders, Porter Davis, and construction firm Lloyd Group.

Award-winning builder Mahercorp announced it went into voluntary administration on Friday, affecting more than 700 homes, as the industry continues to struggle amid the cost of living crisis.

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