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Major builder goes into liquidation – news.com.au

A major developer which built apartments for John Singleton and supermarkets for Woolworths has been placed into liquidation less than two months after it collapsed.

NSW Central Coast-based builder Stevens Construction was established in 2006 but went into voluntary administration in May, leaving 10 projects in limbo.

In a press release published on its website at the time, Stevens Construction described itself as a longstanding pillar in the NSW commercial construction industry.

It said, however, skyrocketing costs had made continued operations unsustainable.

The construction industry has faced significant challenges since the onset of the COVID-19 pandemic, the statement read.

Unprecedented disruptions have led to skyrocketing building cost…

Read the full article at: https://www.news.com.au/finance/business/other-industries/major-builder-stevens-construction-goes-into-liquidation/news-story/5a7db170045bfcb92e05a265db53a293

Category: LiquidationBy Insolvency Advisory AccountantsJuly 17, 2024

Post navigation

PreviousPrevious post:Major Aussie company $60m in debt – news.com.auNextNext post:Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin

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Major builder goes into liquidation – news.com.au

A major developer which built apartments for John Singleton and supermarkets for Woolworths has been placed into liquidation less than two months after it collapsed.

NSW Central Coast-based builder Stevens Construction was established in 2006 but went into voluntary administration in May, leaving 10 projects in limbo.

In a press release published on its website at the time, Stevens Construction described itself as a longstanding pillar in the NSW commercial construction industry.

It said, however, skyrocketing costs had made continued operations unsustainable.

The construction industry has faced significant challenges since the onset of the COVID-19 pandemic, the statement read.

Unprecedented disruptions have led to skyrocketing building cost…

Read the full article at: https://www.news.com.au/finance/business/other-industries/major-builder-stevens-construction-goes-into-liquidation/news-story/5a7db170045bfcb92e05a265db53a293

Category: LiquidationBy Insolvency Advisory AccountantsJuly 17, 2024

Post navigation

PreviousPrevious post:Major Aussie company $60m in debt – news.com.auNextNext post:Labor reveals personal bankruptcy overhaul – The Australian Financial Review

Related Posts

Call to reinstate travel compensation scheme after millions lost in AVG Travels collapse
June 15, 2026
The Song Company to enter liquidation
June 10, 2026
One of Sydney’s best-known hospitality empires crumbles under debt
June 5, 2026
Buyer’s agency Dashdot’s collapse leaves hundreds of customers tens of thousands out of pocket
June 5, 2026
Visa applicants out of pocket as Gold Migration Lawyers goes into liquidation
June 2, 2026
EXCLUSIVE: Multi Million Dollar Retailer Collapse Rocks Australian Distributors After Business Placed Into Liquidation – channelnews
June 1, 2026

Major builder goes into liquidation – news.com.au

A major developer which built apartments for John Singleton and supermarkets for Woolworths has been placed into liquidation less than two months after it collapsed.

NSW Central Coast-based builder Stevens Construction was established in 2006 but went into voluntary administration in May, leaving 10 projects in limbo.

In a press release published on its website at the time, Stevens Construction described itself as a longstanding pillar in the NSW commercial construction industry.

It said, however, skyrocketing costs had made continued operations unsustainable.

The construction industry has faced significant challenges since the onset of the COVID-19 pandemic, the statement read.

Unprecedented disruptions have led to skyrocketing building cost…

Read the full article at: https://www.news.com.au/finance/business/other-industries/major-builder-stevens-construction-goes-into-liquidation/news-story/5a7db170045bfcb92e05a265db53a293

Category: LiquidationBy Insolvency Advisory AccountantsJuly 16, 2024

Post navigation

PreviousPrevious post:Court wipes punter's $150,000 debt – RacenetNextNext post:Labor reveals personal bankruptcy overhaul – The Australian Financial Review

Related Posts

Call to reinstate travel compensation scheme after millions lost in AVG Travels collapse
June 15, 2026
The Song Company to enter liquidation
June 10, 2026
One of Sydney’s best-known hospitality empires crumbles under debt
June 5, 2026
Buyer’s agency Dashdot’s collapse leaves hundreds of customers tens of thousands out of pocket
June 5, 2026
Visa applicants out of pocket as Gold Migration Lawyers goes into liquidation
June 2, 2026
EXCLUSIVE: Multi Million Dollar Retailer Collapse Rocks Australian Distributors After Business Placed Into Liquidation – channelnews
June 1, 2026
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