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finding octane

Financial transformation in the Australian construction industry

0
7 min

Home Innovation Builders, Dyldam Developments, Hotondo Homes franchise, Tasmanian Constructions, ABD Group, BA Murphy, Pindan, and Inside Out Construction have all gone bust. It’s time CFOs from the construction embraced financial transformation. Construction giants like Probuild and Condev have collapsed. Many other construction companies are looking at downturns and the huge debt that’ll push them into a similar path to liquidation.  Amendra Pratap, Managing Director at Octane, say: “The rate of construction companies falling and going bankrupt is at an all-time high. The major reason ...