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The New Daily
The New Daily
Matthew Elmas

Porter Davis collapse: What’s wrong with the Australian construction industry?

10 News First – Disclaimer

Building giant Porter Davis is unlikely to be the last construction giant to collapse under the weight of inflation and rising interest rates, as experts warn Australia will struggle to build the homes it needs in coming years.

About 1700 Australians have been left in the lurch this week as the liquidators of Porter Davis, which went broke late last month, scramble to find new builders to finish constructing their homes.

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