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The Latest Breaking News from Probuild

Australian academics apologise for false AI-generated allegations against big four consultancy firms

Case studies created by Google Bard AI as part of submission to parliamentary inquiry proven to be factually incorrect

The Guardian - AU

Buyers of luxury 443 Queen Street apartment tower lose faith over delays, with new completion date set

The completion of a luxury, inner-city Brisbane apartment tower is given a new deadline for completion, amid building turmoil.

ABC News

Hutchinson Builders appointed to Cbus Queen Street project after Probuild collapse

Hutchinson Builders are appointed to finish constructing a luxury apartment tower in Brisbane's CBD that has been plagued by delays as apartment owners grow increasingly frustrated.

ABC News

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ASX rises as lithium miners boost the market; Probuild finds another buyer

Australian shares have started the week on a high, after losing ground for weeks on the ongoing war in Ukraine.

ABC News

Probuild collapse: administrators investigate $50m transferred to civil construction division

Documents show Probuild’s WBHO Infrastructure borrowed $48.7m from other parts of the group last year as it struggled to survive

The Guardian - AU

Probuild's 'nightmarish' collapse leaves 2,300 creditors on the hook, with workers owed $14m

The collapse of the construction giant is being dubbed "nightmarish" by its administrators, with 800 workers owed $14 million, while trade and contracting creditors are potentially owed much more.

ABC News

Probuild fallout a 'nightmare', court told

Lawyers for collapsed building giant Probuild's administrators have told the Federal Court they are in a "nightmarish" situation.

AAP

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NSW death toll rises to five; more ‘high impact’ storms forecast for Queensland – as it happened

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The Guardian - AU

Call for reform after Probuild collapse

Probuild is merely the latest construction-sector casualty, with reform urgently needed before more tradies lose their jobs, industry bodies warn.

AAP

Morning mail: Russia invades Ukraine, Morrison flags more sanctions, NT police ‘breach of trust’

Friday: Russia’s invasion could spark the biggest war in Europe since 1945, world leaders say. Plus: spithoods used in NT despite pledge to ban

The Guardian - AU

‘Not in good shape’: more construction industry collapses could follow Probuild

Soaring costs and Covid disruptions have hammered the sector, experts say, and governments show little sign of stepping in

The Guardian - AU

Construction giant blames high-risk Australian sector as Probuild collapse threatens tradies

Tradies have downed tools as the collapse of construction giant Probuild threatens to spark a wave of misery for workers and delay major projects.

The New Daily

Probuild collapse puts major Brisbane CBD development at 443 Queen Street construction, workers in limbo

The stoppage of work at a luxury apartment project in Brisbane's Queen Street after the collapse of construction giant Probuild is "devastating" for the workers and their families, the union representing workers says.

ABC News

Vic premier may offer support to Probuild

Victoria's premier says the state government may provide support to Probuild, as its parent company places the building firm into administration.

AAP

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ABC News

Probuild, Monaco Hickey, WBHO Infrastructure in administration after tradies ordered off building sites

A total of 18 businesses in the WBHO Australia Group, including construction giant Probuild, are placed into administration.

The Guardian - AU

Morrison condemns Moscow’s ‘brutal’ attack on neighbour – as it happened

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AAP

Work stops with Probuild collapse expected

Work has stopped on major building sites run by Probuild, one of Australia's biggest building firms, amid expectations the company will enter administration.

ABC News

Probuild likely heading for administration as tradies told to leave building sites

Construction giant Probuild is expected to enter administration, with tradies ordered to pack up their tools and leave the sites where they have been working.

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The Guardian - AU

Scott Morrison speaks to Ukraine PM; 60 Covid deaths reported – as it happened

This blog is now closed

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