Australia’s Construction Industry “On Brink of Collapse”: Started Going to Heck Last Year, Now Comes COVID-19 by Nick Corbishley • Mar 22, 2020 • 73 Comments Bailouts, please!
Epic Construction Downturn Grips Australia by Nick Corbishley • Feb 27, 2020 • 37 Comments The bushfires were just the latest problem: The slump started well before them and also affects states unaffected by them.
Australian Construction Giant CIMIC Writes Off Disastrous Arabian Adventure, After Being Bludgeoned over Opaque Debts by Nick Corbishley • Jan 24, 2020 • 27 Comments Shares plunged 20% on the spot, and are down 44% in nine months.
Use of “Hidden Debt Loophole” Spreads Among Australian Corporations by Nick Corbishley • Sep 22, 2019 • 66 Comments Situation already so bad that hiding debt becomes a priority?
One of World’s Construction Giants Admits Using Risky Hidden-Debt Loophole “Across Group.” Australian Subsidiary Crushed by Nick Corbishley • Aug 9, 2019 • 43 Comments This “crack cocaine for CFOs” was also extensively used by Carillion until it collapsed.
The Inconvenient Limits to European Unity & Integration by Don Quijones • Dec 16, 2017 • 31 Comments “With Friends Like These…”
