Work on a 184-unit residential development has stopped, with the CFMEU claiming the project’s construction firm, PBS Building, is “teetering” on collapse.
The construction union warned the failure of another large building company would damage the industry and also worsen Australia’s chronic housing shortage.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Based in Melbourne, Michael is on Bluesky @michaelbleby.bsky.social. Email Michael at mbleby@afr.com
