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PHOTO: BEVAN READ/STUFF – Julian Oxborough’s business has felt the impact of Ebert’s collapse.

Julian Oxborough is losing $70,000 a month as one of his cranes stands idle because of the collapse of Ebert Construction.

Oxborough, who runs Tower Cranes, has a crane on Auckland’s Union Green apartment site, where work has ground to a standstill since Ebert’s receivership in August.

In total, he’s owed $300,000. “It’s not easy,” he says. “I’ve got 135 staff I’ve got to pay … it’s two weeks’ salary almost.”

Hardly anyone saw Ebert’s collapse coming. Despite warnings that more construction companies are due to fall, it was one of the country’s larger building companies and had every appearance of being solid.

READ MORE VIA STUFF

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