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$575K to build an aged care bed - if you can find a builder, as big players say ‘no’ to sub $50M developments

Established retirement and aged care sector builders are contacting clients to inform them they are no longer able to do their projects. Boards and banks are increasingly having to face up to going big on construction programs if they want to have a future in seniors’ accommodation. The construction workers’ union, the CMFEU, is currently negotiating a new Enterprise Bargaining Agreement...

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