The head of Australia’s biggest family owned builder has warned major overheating across the market is now worse than 2003’s boom - with one area collapsing amid fears costs will ‘kick again’.
Sophie Foster Follow @SophieFoster3 min read April 26, 2024 - 1:26PM News Corp Australia Network
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The head of Australia’s biggest family owned builder has warned major overheating across the market is now worse than 2003’s boom - with one area collapsing amid fears costs will ‘kick again’.
The chair of Hutchinson Builders Scott Hutchinson said there was “too much work” and “nothing can be done” to stop costs escalating amid rampaging demand.
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