The parent company of Melbourne builders Eight Homes and Urbanedge Homes has avoided liquidation after going into voluntary administration.
The parent company of Melbourne builders Eight Homes and Urbanedge Homes has avoided liquidation after going into voluntary administration asMore than 730 builds were put on hold whenbut chief executive Steve Maher said work would resume for customers who agreed to a 90-day delay and a 6.5 per cent increase, costing on average nearly $20,000, from June 12.
“The inflation impact on the industry over the past 18 months has been without comparison in living memory. All fixed-price builders have been under huge strain because of“My view is the industry still faces some headwinds, but the worst of it is behind us. I expect that in 2024, the home building sector will stabilise, there will be more certainty and builders will be better placed to address the housing shortage.
Rent is so high it’s driving renters into poverty. We need first-aid because people are hemorrhaging money.as the minor party is pushing for a two-year rent freeze followed by a rent cap. Mr Andrews responded: “No one on this side of the house is going to be lectured to about renting, about renters’ rights, about housing affordability, about supply by a political party that at every turn stands in the way of more affordable housing for the poorest in our community.The Victorian government aims to deliver more than 12,000 new social and affordable homes through its $5.3 billion Big Housing Build.
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