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Construction crash scuttles Albo s housing plan

Construction crash scuttles Albo s housing plan
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.

Residential construction: Home builder Simonds Group is looking at options for a capital injection

Recent flooding in Victoria, along with rising borrowing costs and inflation will dampen sales over the next six to 12 months, the ASX-listed home builder says.

Top home builders volume drops 15pc

Shortages are curbing the sector’s ability to produce new homes and meet the record demand stimulated by record-low borrowing costs and government stimulus.

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