How Much Traffic do you Really Need? title=
How Much Traffic do you Really Need?

Hundreds of jobs at risk as construction giants collapse with 1700 homes unfinished [Video]

Starting a Business

One of Australia’s largest home builders Porter Davis has collapsed and construction firm Lloyd Group has gone into voluntary administration in a massive hit to the sector.

Grant Thornton Partners confirmed it had been appointed liquidators of the Porter Davis Homes Group, covering 14 companies.

WATCH THE VIDEO ABOVE: Major change to public holidays for Aussie employees.

Watch the latest news and stream for free on 7plus >>

Englehart Homes is the only company in the group not subject to liquidation.

Works on current builds will stop immediately, although liquidators are working to find a solution to support customers and some employees, liquidators Grant Thornton said.

Porter Davis has more than 1500 homes in progress across Victoria and 200 properties in Queensland, while a further 779 customers have signed contracts where building is yet to commence.

Rising input costs, supply chain delays, labour shortages and falling demand contributed to Porter Davis’s collapse, the liquidators said.

“Notwithstanding the financial support from shareholders and lenders, the …

5 Ways to Make Push Marketing Work for You title=
5 Ways to Make Push Marketing Work for You