SECTOR WOES
● Fletcher Construction withdrew from high-rise after nearly $1b losses over two years on big jobs
● The Orange and H ex-Hawkins businesses owe $41m to about 1000 subcontractors, according to liquidators BDO
● Canam Construction claimed last month Alexandra Park owed it money. It has been replaced on one apartment tower by CMP Construction
● Corbel Construction terminating its Parnell Terraces contract claiming months of payment claims being under-valued, replaced by RCC Remediate.
● Ebert Construction’s receivership, PwC appointed on Tuesday, 15 building sites locked down and contractors locked out.