Master Builders Victoria expects number of builders folding to decrease as industry conditions stabilise

The peak body for builders in Victoria says it is "alert" but not "alarmed" by the number of businesses collapsing under financial pressures, noting that the market is adjusting itself. Ballarat residential home-builder Bond Homes is the latest in a string of companies to collapse in Victoria, with Nathan Deppeler from Worrells appointed administrator last week. More from MSN.