Construction on more than 700 homes has been put on hold in Victoria as another construction firm enters voluntary administration.
Mahercorp, the parent company of builders Eight Homes and Urbanedge Homes, has informed clients that construction will be suspended for more than a month as administrators work to restructure the business.
This development follows the collapse of Porter Davis, one of Australia’s largest construction firms, which left thousands of homes unfinished across Victoria and Queensland.
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