Pauliar,

Only an idiot would think that the incompetent Vic labor government arbitrarily locking down the state and stopping site work would have no effect on building companies.

shonky,

Stop relying on that Murdoch Gutter Press for your news, and wake up to the facts. Probuild has been in trouble for a number of years through bad management. They had been over extending themselves by writing forward contracts as far out as 2025. This caused a liquidity problem with rising costs and lock in contracts. The SA parent company finally pulled the plug on cash flow, and Probuld could not pay its suppliers. Nothing what so ever to do with the Victorian government.

Pauliar,

Probuild specifically mentioned the incompetent Vic Labor management of Covid as a major contributor to their losses.

Only an extreme left whinge moron would pretend otherwise.

shonky,

Of course they would, they wouldn't want to incriminate themselves through bad management. Keep reading the Murdoch Gutter Press, you'll go far.

Pauliar,

After 1000s of small businesses have gone bankrupt due to lockdowns only morons would try and claim that lockdowns would play havoc with building companies.

But then look who I'm talking to!

I don't think I agree with Paul1405 and the liquidity problems but I can do more research.

I think that lock down's have caused liquidity issues for a number of businesses- Victoria is one of the biggest markets in Australia- Probuild appears to have national contracts. Paul1405's tactic seems to be to raise an issue- without sources- that is difficult to verify and then run away- standard communist tactics. It takes so much effort to counter his unsupported argument that the conversation has moved on by the time the research has been completed.

Perhaps an example of brilliant but contemptible tactics

Extraordinary claims needs extraordinary evidence