we are only now begining to see the bust coming, D&G hoist and crane hire in perth has gone into recievership, they supplyed almost all the tower cranes in perth but now no one is building so theyve gone broke it looks like, Cape scaffolding, one of the largest scaffolding companys in perth has gone into recievership, again no one is building. Austral bricks have laid off around 150 workers i hear, cant sell their bricks, again no one is building. House building companys have been offering better and better deals to try get people to build, you used to need 20% deposit, then 10%, then 5% now you can get a new home built with no deposit and they will even pay your rent while you build. Building companys are on the verge of all going under, the bust is near...
