A second huge building firm Condev faces COLLAPSE with $1billion in projects and 125 jobs on the line just weeks after Probuild crashed.

Can't blame this one on Dan Andrews, Condev like Probuild are suffering a cash flow problem. Having signed big contracts with developers, they find they can't meet their financial and contractual obligations. Probuild had the SA parent company supplying the cash, it pulled the plug. Now the banks are pulling the credit plug on Condev. Once you can't pay your short term debts for materials and labour then you soon default on the contract.

CM, it has nothing to do with your favourite Boggy Man, the Communist. A lot to do with bad greedy management. More to come, tip of the iceberg.

BTW, Both these companies have dozens of projects behind time, waiting for deadlines they can't meet.

It's pointless to discuss the issue with Paul1405. But others have the choice to see the world in their own way independent from the forces of the world.

Yes its pointless CM to discuss this issue when Paul is correct in what he says, and you can't evoke your ideological paranoia about those evil Communist.

Pauliar,

This time you are correct the Condev collapse is completely unrelated to
the collapse of probuild due to Dan Andrew's incompetence and lockdowns.

shonky,

It was YOU who mistakenly tried to blame the Probuild collapse on Andrews, not me. I know your knowledge on this is like your legal knowledge, ZERO! It's a bit of a hoot, the way YOU went on about the Chinese building industry, only to see the Australian equolivent falling over. The SM kiss of death!

Pauliar idiot,

I did and so did they. You have not shown otherwise.