The Age brings word of the demise of another builder. This time it’s the Hastie Group which we heard on The Beast this morning has seen workers sent home from the ASIO building site on the shore of Lake Burley Griffin.
The company’s news page over the last few days has been less than re-assuring with claims of recapitalisation proposals followed by the discovery of accounting irregularities and then the resignation of two directors.
Finally today we have the appointment of administrators.