Fears Queensland builders are on the brink of bankruptcy | 7NEWS

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  • 7NEWS Australia published this video item, entitled “Fears Queensland builders are on the brink of bankruptcy | 7NEWS” – below is their description.

    Queensland’s building boom is coming at a price.

    There are fears many builders are on the brink of bankruptcy as material prices soar.

    Homeowners are facing lengthy delays too, as well as huge cost blowouts.

    7NEWS Australia YouTube Channel

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    In This Story: Queensland

    Queensland (QLD) is an Australian state covering the continent’s northeast, with a coastline stretching nearly 7,000km. Its offshore Great Barrier Reef, the world’s largest coral reef system, hosts thousands of marine species. The city of Cairns is a gateway to the reef and tropical Daintree Rainforest. The capital, Brisbane, is flanked by the surfing beaches of the Gold and Sunshine Coasts.

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