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Aussies Warned Not To Build As Construction Firms Go Bust

Aussies Warned Not To Build As Construction Firms Go Bust

The Quicky

July 17, 202218m 10s

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Show Notes

Since the Federal Government introduced the Home Builder grants program, thousands of Aussies have excitedly applied for the financial assistance to help fulfil their dream of building or seriously renovating their home.

Unfortunately for many people that dream has turned into a nightmare as dozens of building companies have gone bust, and experts are warning that many more construction firms are vulnerable.

The Quicky speaks to a woman for whom this nightmare is her reality, a guru in construction law, and an expert in supply chain management to find out why this is happening, and what can be done to protect people who have already invested in their dream home project.

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CREDITS 

Host: Claire Murphy

With thanks to:

Nathalie Kapuya - A working mother of two who bought a house and land package at Beveridge on Melbourne's outer northern fringe in 2020, but has been left with empty land after the building company went bust

Professor Paula Gerber - An academic in the Monash University Law Faculty and an expert in human rights and construction law

Associate Professor Flavio Macau - Associate Dean (Teaching and Learning) and a Senior Lecturer in the School of Business and Law at Edith Cowan University

    Producer: Claire Murphy

    Executive Producer: Siobhán Moran-McFarlane

    Audio Producer: Thom Lion

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    Topics

    buildbuildinghomebuilderconstructionhouseapartmentbustbrokebankruptmortgageinvestmentlandpackagecontractworkertoolssiteW HotelIMAXSydneyMelbourneVICNSWDarling HarbourfirminsolventsuperannuationworkersstafftradiesfamiliesfamilypeopleAustraliaindustrylumbertimbersupply chainmanagementmaterialscostinflationinterestratetaxRBAcost of living