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Australia’s Largest Home Builder Rebuts Insolvency Reports

Australia’s Largest Home Builder Rebuts Insolvency Reports
A construction site at Marsden Park is seen closed down due to COVID-19 restrictions in Sydney, Australia, on July 19, 2021. Mark Evans/Getty Images
Alfred Bui
|Updated:

Australia’s largest home building company Metricon Homes has announced that it is still in a strong position when confronted with reports about its insolvency.

The company officials had a meeting with Victorian Treasurer Tim Pallas on May 19, and Metricon chief executive Peter Langfelder affirmed that everything was normal.

Alfred Bui
Alfred Bui
Author
Alfred Bui is an Australian reporter based in Melbourne and focuses on local and business news. He is a former small business owner and has two master’s degrees in business and business law. Contact him at [email protected].
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