Why so many building firms are falling over
Insolvency expert explains the economics of failure during a boom.
Damien Grant
Fri, 28 Dec 2018
In the past year we’ve seen Ebert, Corbel, Accent, Matrix Homes all fail, and these are just the failures that I’ve had some involvement with. Fletcher Building lost half a billion dollars and a host of smaller builders went under.
It is difficult for mainstream economists to understand why
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Damien Grant
Fri, 28 Dec 2018
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