They go broke because of fixed price contracts Ie they quote...

  1. blueballs
    19,670 Posts.
    lightbulb Created with Sketch. 477
    clock Created with Sketch.
    18/12/23
    09:29
    Post #: 71499988
    They go broke because of fixed price contracts

    Ie they quote 300k to build a house and make 80k margin but materials and wages costs go up 100k so by the time they build or finish the build there is no profit and possible a loss

    Yes the spike in building also happened at the time gst was bought in, howard then brought in fhog and halved cgt to compensate
    Likes Created with Sketch. 1  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)
right-arrow Created with Sketch.
NEWS Argenica Receives FDA Investigational New Drug Application Update
right-arrow Created with Sketch.
NEWS Vection Launches Algho AI Sign Language on AWS Marketplace Across Europe
right-arrow Created with Sketch.
NEWS Anson Completes Maiden JORC Mineral Resources Estimate at Green River Lithium Project
right-arrow Created with Sketch.
NEWS Sunshine Intersects Further Shallow High-Grade Gold at Liontown
right-arrow Created with Sketch.
WCE West Coast Silver Identifies Shallow High-Grade Mineralisation in Early Drilling
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.