Two more Western Australian building firms have collapsed amid rising construction costs which are causing companies to go bust.
WA Housing Group, founded in 2019, is a building company based in perth specialising in custom builds and renovations.
The company entered voluntary liquidation in December 2022 and GTS advisory was appointed as liquidator.
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Two more Western Australian construction firms have entered volutnary administration. The Age/Bloomberg
9news.com.au has contacted GTS advisory for comment on the liquidation of WA Housing Group.
Individual Developments is a custom home builder and property developer based in Perth.
The company which had current deals with the WA Government for community projects also entered voluntary liquidation in January this year.
A WA government spokesperson told 9news.com.au the department of communities had two current projects under construction with Individual Developments and will be working to recontract these with the State-Wide Builders Panel to ensure they are completed.
“The State Government announced a $30 million support package to assist local builders, of which several Individual Developments WA projects were eligible,” the…