ACROSS Central Queensland there have been endless construction industry companies go into liquidation, from JM Kelly in October 2018, Metro Homes in June 2018 and Busby Contracting in February 2018.
Across the state, there have been even more businesses go bust, affecting subcontractors everywhere including CQ like Ostwald Brothers’ $76 million liquidation in August 2017.
Mitchell Flor, general manager of Tandy Concrete, which has offices in Rockhampton, Yeppoon and Mackay, says he has seen “countless” companies go into liquidation in his 20 years of business.
He said while each situation for each company was different, generally the demise could be attributed to poor management or people living beyond their means.
The Mackay Tandy …
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