Another building company has entered administration. Tom Elliott received word of the news on Friday afternoon. Press PLAY below to hear Tom Elliott explain more Mahercorp, the parent company of Eight Homes and Urbanedge Homes, informed its customers on Friday it would be entering voluntary administration. It comes after the recent collapse of Porter Davis.…
Construction firm Mahercorp has entered voluntary administration, adding to a growing tally of homebuilders facing financial difficulties amid rising cost pressures. Key points: The parent company for two homebuilders has told clients the move is due to rising costs Construction on about 730 homes will be paused for at least five weeks Mahercorp’s chief executive says the company…
Cardinia Shire Council has recently been informed of the voluntary administration of the Deep Creek Golf Club Incorporated. The club is situated at Deep Creek Reserve Cameron Way, Pakenham. Deep Creek Golf Club has ceased trading and the golf course will remain closed until further notice. Signs have been put in place on site today…
Mahercorp, which is the parent company of Eight Homes and Urbanedge Homes, has today sent a letter to its customers to announce it is entering voluntary administration. But director and chief executive Steve Maher insisted the company is not in liquidation. “I want to emphasise that Mahercorp has not collapsed and is not in liquidation.…
Another building company has entered administration. Tom Elliott received word of the news on Friday afternoon. Press PLAY below to hear Tom Elliott explain more Mahercorp, the parent company of Eight Homes and Urbanedge Homes, informed its customers on Friday it would be entering voluntary administration. It comes after the recent collapse of Porter Davis.…
Australians could soon be able to recycle soft plastics through their yellow bin in a proposed overhaul of how bins are used. A trial of the National Plastics Recycling Scheme (NPRS) has shown positive responses from about 7000 households in Victoria, South Australia and NSW to placing soft plastics in orange bags inside the yellow-lid…
A recent analysis by NAB shows there has been a bounce back in businesses collapsing with a huge 30 per cent rise in insolvencies in 2022 after a slowdown during the COVID-19 pandemic. But with economic headwinds placing pressure on Aussie consumers and businesses alike, experts are worried there will be a far higher rise…