One of Western Australia’s largest commercial builders has suspended trading as it reviews its “financial viability”.
Jolimont-based Cooper & Oxley sent a letter via email to its subcontractors yesterday instructing them to stop work, saying it was not in a position to pay any accounts at present.
The company later put out a statement confirming that all works on its seven active building sites around Perth had been suspended as of Sunday February 4.
“This step has b…
Read the full article at: http://www.abc.net.au/news/2018-02-05/wa-builder-cooper-oxley-halts-work-reviews-financial-viability/9396918
