Australia builder collapse: rising costs, supply chain delays, labor shortage, demand drop
<p>The firm, Porter Davis, had more than 1500 homes in progress in Victoria and a further 200 homes in Queensland.</p><ul><li>Porter Davis’s board said they regretted they could not find a funding solution for the group</li><li>liquidators for the firm: "rising input costs, supply chain delays, labour shortages, and a drop in demand for new homes in 2023 impacting the Group’s <a href="https://ift.tt/MhQcd12" class="terms__main-term" id="633aaf0b-b4a1-40c5-8fbe-bf158af520a1">liquidity</a>"</li></ul><p><a href="https://ift.tt/hxW1yQR" target="_blank" rel="nofollow">Piece is here in local media</a></p><p>Earlier re Australia:</p><ul><li><a href="https://ift.tt/Wsh3Jaw" target="_blank" rel="follow" data-article-link="true">Commonwealth Bank of Australia expect an RBA pause at the April 4th meeting</a></li></ul> This article was written by Eamonn Sheridan at www.forexlive.com.
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Analytic Dave
AnalyticalDave is a personal financial analysis portfolio that captures my Derivatives trading, stock, and investing journey. My portfolio does NOT act as a financial advisor to any community. It is only purposed for journaling my story as a self-taught trader and investor.
