The troubled builder was working on 18 different project and had sought an extra $25 million from its developer clients to keep going - but they pulled the plug on Tuesday.
Building company Condev Constructions has gone into liquidation after a failed bailout deal. It is the second Australian construction giant to collapse in recent weeks.
Queensland construction giant Condev met with developers on Monday afternoon in a last-ditch bid to salvage the company after being rocked by back-to-back issues.
It has to be one of the ultimate accessories – your very own jetty and instant access to magnificent waterways. And it pays back more than you may have thought.