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Aussie tradie is forced to close his business and go back to university as his business goes broke

A tradesman who’s been on the tools for more than 25 years has decided to close his building business for good due to crippling costs and supply issues that he says have just about broken him.

Anthony Lococo, who’s based in Torquay, Victoria, will be shutting his building company Lococo Build later this year in what is the latest in a long line of tradesman feeling the pressure or giving up the tools because of skyrocketing material prices.

‘It’s been a heartbreaking decision to make, but after two years of struggling to get materials and trades, and costs continuingly blowing out and eating into anything that even looked like a profit margin,’ Lococo explained.

‘I decided at Christmas that I just couldn’t face another year of it,’ he said. ‘I’m drained, and I’ve had enough.’


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