The construction sector has been one of the hardest hit during the pandemic and beyond. The industry has been beset by lockdowns shutting worksites, supply chain problems and a tight labour market. A spate of high-profile company failures in this sector demonstrates just how tough conditions are.
This is the second thought-leadership paper in a special CreditorWatch series on the Australian construction sector. In the first paper, Cracks in the Foundations, we explored the state-of-play in the troubled construction industry. This paper builds on this work and examines some of
the steps that are required to get this sector back on
its feet, drawing on expert interviews and insights from CreditorWatch’s proprietary data published in the monthly Business Risk Index (BRI).
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