Major Queensland building company LDC has become the latest in the field to enter voluntary administration, with creditors owed more than $7 million.
The home builder went into liquidation on Friday.
The construction industry has been rocked by a number of company collapses in recent months, with a skills shortage, high materiel costs and a limited workforce all hitting hard.
Russ Stephens from the Association of Professional Builders said there was another factor to point to.
“The reason we’re seeing this continue to happen is a direct consequence of building companies being allowed t…
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