A single corporate structure now sits inside the construction insolvency figures that will be quoted for the next twelve months. Taking it out moves the number by fourteen percentage points.
On 25 August 2026, 540 construction companies entered voluntary administration.
Not across the month. On the day, with the same administrator appointed over all of them.
They are the Universal Property Group entities behind the Bathla Group, a Sydney residential developer and builder. The company has said publicly that it faced softening sales, changes arising from the May federal Budget and rising construction costs.
That single event is larger than two ordinary months of construction insolvencies…