Australian businesses now delaying invoice payments by a week longer than six months ago, report says
Recent findings suggest the average outstanding invoice is now repaid in 38 days, compared to 31 days in January.
“Hard economic landing”: Builders urge RBA to take its time on another interest rate hike as construction faces the brink
The construction industry is weighing the need to combat inflation against the likelihood rising interest rates will deter new home buyers.
Victorian homebuilder Waterford Homes the latest constructor to call in the liquidators
The Geelong-based company is the latest construction firm to struggle as material costs and fixed-price contacts dig into the sector.
Bunnings is targeting gen Z buyers, but experts say it could miss a “huge audience” without TikTok
Hardware giant Bunnings has embraced influencer marketing to capture gen Z shoppers, but a leading social media expert believes Australia's strongest brand could miss a “huge audience” if it doesn't stake a claim on TikTok.
“Canary down the inflationary coalmine”: Government support needed to shield construction, industry group says
Canberra should use all the tools at its disposal to shield the construction sector from inflationary pain, Master Builders Australia says.
“Business as usual”: ABCC reminds builders and workers its powers are still in place despite Labor’s win
The Australian Building and Construction Commission has reminded builders and unions alike that its powers are still in place, days after Labor carried a pledge to abolish the watchdog to a federal election victory.
Construction leader Metricon plays down solvency concerns amid reported meetings with Victorian government
Housing giant Metricon has denied experiencing solvency issues, amid media reports that company leaders are meeting with creditors.
Construction industry “culture” is keeping small businesses from stepping forward with complaints: Victorian Small Business Commission
Construction sector complaints are underrepresented as a share of calls for assistance, the Victorian small business commissioner says.
Sunday lie-in could become a thing of the past as NSW government eyes seven-day construction
NSW Planning Minister Anthony Roberts revealed that construction hours were under review to a room full of developers at the Property Council lunch yesterday.
Australia set for small business boom, with younger and more diverse founders to start 3.5 million new businesses by 2031
A new Xero report suggests a pandemic-era boom in small business registrations will lead to millions of new firms by 2031.
Material price hikes and labour shortages a major concern for WA homebuilders after two businesses collapse
Industry leaders in Western Australia are sounding the alarm over future business insolvencies after the collapse of two home builders.
The real reason why construction giants Condev and Probuild collapsed
Why did major Australian construction firms Condev and Probuild collapse? The truth lies in the numbers, writes Adam Merlehan.
