Ventura Homes backtracked on a promise to complete construction of a new house just weeks after a SAT battle over delays to the building was scratched.
Jordan Murray speaks with senior journalist Matt Mckenzie about how troubles facing Modco Residential highlight broader issues facing the building industry.
The number of houses in the construction stage in Western Australia has hit a record high, with 21,524 buyers waiting for completion of their new homes.
Analysis: The loss-making homebuilding arm of BGC has an uncertain future after announcing today it would stop new sales; more than 60 years after the business was founded.
The Department of Finance has asked WA Police to investigate Firm Construction, while the company’s administrators say Firm may have misrepresented its financial position.
It might seem ambitious for a new business to promise to build homes for 84 customers. But that’s exactly what one salesperson did in a single month in 2020.
A major WA homebuilder has had significant sales caps in place since June 2022, while the state government says it will consult on reform options for the construction industry.
As many as 300 Western Australians could fall behind on mortgage payments for each 25 basis point rise in interest rates. Click through for Perth’s mortgage map.
10 Feb 2023
Subscribe today for award-winning, unbiased and trusted journalism
