Construction might be booming around the country, but beneath the surface, there are undercurrents of uncertainty according to Insolvency Australia, an independent marketplace for insolvency services. Insolvency Australia has urged contractors, subcontractors and suppliers to take action to help mitigate any risks. “As the collapse of Probuild and Condev Constructions shows, it’s going to be a tough year for many construction companies – and the domino effect can be devastating,” Insolvency Australia director Gareth Gammon says. “When a business is placed into voluntary administration there are many moving parts, processes and procedures to follow, which is why it’s crucial that … Continue reading Insolvency Australia: Be prepared for “domino effect” of construction company collapses