Year in Review

2023: The year the rot set in for the Illawarra's building sector

Connor Pearce
December 27 2023 - 5:00am
2023 saw a rush of building firm insolvencies and collapses in the Illawarra as high costs and tight margins challenged the construction sector. File picture by Sylvia Liber
2023 saw a rush of building firm insolvencies and collapses in the Illawarra as high costs and tight margins challenged the construction sector. File picture by Sylvia Liber

While the virus that was crippling construction firms in NSW seemed to be limited to Sydney and the high rise towers that became household names, in 2023 the affliction spread further afield and caught home-owners, subcontractors and investors.

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Connor Pearce

Connor Pearce

Journalist at Illawarra Mercury

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