https://www.abc.net.au/news/2018-11-24/what-went-wrong-for-rcr-to...

https://www.abc.net.au/news/2018-11-24/what-went-wrong-for-rcr-tomlinson/10550716

"It got itself into problems — it must have known quite some time ago that it had problems and it simply did not tell anyone how bad it was," business commentator Tim Treadgold said.”
...
“Underbidding on contracts to win work is becoming an increasingly common story across the country, and is not isolated to RCR.

"We're actually coming through a period where there's not been a lot of work available, so certainly we've seen those big contractors really underbidding on jobs to keep their employees busy and employed … then they're squeezing subcontractors," Subcontractors WA chairwoman Louise Stewart said.

"As a result of bigger companies going into administration, it quite often results in a number of smaller subcontractors also not surviving, so I would say the figure is well over 100 companies this year … in the construction industry alone."....