Interview with Natalie Barr, Sunrise
HIA Managing Director Jocelyn Martin appeared on Sunrise to discuss construction insolvencies, the Bathla Group collapse, warranty insurance, and investor confidence in the building sector.
What does the Bathla Group collapse mean for builders and warranty insurance?
Builders and related trades face ongoing risk from insolvencies. Warranty insurance gaps can leave subcontractors and clients exposed when head contractors fail.
Key takeaways
- HIA's Jocelyn Martin discussed construction insolvencies on national TV program Sunrise.
- The Bathla Group collapse was a key topic, highlighting risks in the building industry.
- Warranty insurance and its adequacy for homeowners and trades was raised as a concern.
- Investor confidence in construction remains under pressure amid ongoing insolvency issues.
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