There are fears more companies could go to the wall after a home builder and a civil construction group collapsed on the same day.
Work on Porter Davis sites have stopped across Victoria, including in the Geelong region after it went into liquidation.
The company has several display properties locally.
Englehart Homes is the only company in the group not impacted by the liquidation.
The Lloyd Group, which has an office in North Geelong, also has dozens of projects underway in Victoria.
It was placed into voluntary administration on Friday.
Experts believe increasing costs and weakened demand are key factors for the industry’s collapse.
Picture: File image [Paulbr75/pixabay]
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