Another Gold Coast home builder has collapsed as the industry comes under sustained pressure from rising material and labour costs.
Surfers Paradise based Pivotal Homes confirmed on Thursday that had been placed into liquidation.
The company has operated for 15 years, building more than 1500 homes in that time.
“Unfortunately, the rising costs which are impacting many in the industry throughout Australia have made our operations unviable,” Managing Director Michael Irwin said.
Read More: https://www.mygc.com.au/gold-coast-builder-collapses-as-pressures-on-industry-grow/
