Major Australian builder goes into voluntary administration

Major Australian builder goes into voluntary administration

The decades-old business is constructing 1300 homes worth $1.5 billion across three states. Now all that hangs in the balance.

Homes under construction hang in balance as Bensons Property Group enters administration

More than a thousand homes are unfinished as the Victorian-based builder blames tough conditions across the construction sector post-COVID.

The Australian construction industry is in for a major shock as Bensons Property Group (BPG), one of the country's leading construction groups, has declared bankruptcy.