Analysis: The loss-making homebuilding arm of BGC has an uncertain future after announcing today it would stop new sales; more than 60 years after the business was founded.
A recent report has confirmed the construction sector across Australia is overheating due to labour shortages and construction cost increases with no signs of slowing down.
Western Australia has recorded the second largest spike in construction costs nationally amid a surge in new builds and material supply shortages, according to CoreLogic.
Real Estate Institute of WA president Damian Collins says construction prices in WA have reached their peak and will plateau into 2022, but some builders are expecting further cost rises.
Dale Alcock's ABN Group has grown to become Australia's second largest residential housing builder while BGC Housing Group has maintained its ranking as WA's biggest.
Industry has hit back at claims the residential building industry is facing widespread delays of three years or more for the construction of new homes.
Bruce Rock Engineering managing director Damion Verhoogt was named First Amongst Equals at the 2021 40under40 Awards, which were announced at a gala event in Perth on Wednesday night.
The Housing Industry Association's latest survey has named BGC Housing Group as the largest builder of Western Australian homes, followed by ABN Group.
From virtual reality floor plans to in-house demonstrations, BGC Housing Group's new showroom aims to give homebuyers a sensory experience not available online.
BGC Australia has taken its second major step to consolidate its residential businesses, announcing the merger of the BGC Housing Group and Ventura Home Group.
A broad suite of asset sales is high on Daniel Cooper's agenda, but radically changing the way BGC operates is not on the priority list for the company's new chief executive.
SPECIAL REPORT: Forecasts are finally turning positive for WA residential construction, as the industry continues to evolve its offering in a new era of increased housing diversity.
Diversified construction giant BGC Australia is consolidating its homebuilding divisions, with BGC Residential and J-Corp's eleven housing and development brands to be based at a new sprawling headquarters in Osborne Park.
