August 5, 2026
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politics

Construction collapses surge amid higher materials prices and skills shortage

Development firm collapses have elevated almost 20 per cent in WA this monetary 12 months as materials prices and labor shortages weigh on the sector.

New figures from the Australian Securities and Investments Fee reveal 112 building companies have had directors appointed to this point this monetary 12 months — a steep soar from 93 within the 2021-22 monetary 12 months.

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