INDUSTRY NEWS

April 28, 2021 By subbiesu Leave a Comment

Peter Gleeson: Minister Mick de Brenni and the mess that is Queensland Building and Construction Commission

A whistleblower has revealed the Queensland Building and Construction Commission is falling apart, exposing the incompetence of dud Labor Minister …

[Read more...] about Peter Gleeson: Minister Mick de Brenni and the mess that is Queensland Building and Construction Commission

April 23, 2021 By subbiesu Leave a Comment

HomeBuilder time bomb: Warning boom could turn to bust

The HomeBuilder construction boom has created a ‘ticking time bomb’ as surging costs of material and labour cuts profit margins in the building sector …

[Read more...] about HomeBuilder time bomb: Warning boom could turn to bust

April 21, 2021 By subbiesu Leave a Comment

Home owners ‘devastated’ by building company collapse: ‘All I have is a pile of rocks’

Liquidators have been appointed to troubled Brisbane builder PlanBuild leaving 40 homes unfinished including one customer “left with a pile of …

[Read more...] about Home owners ‘devastated’ by building company collapse: ‘All I have is a pile of rocks’

SubbiesUnited is not “anti builder”, we support strong builders.
We are “anti theft” of hard working subbies money.

It’s not just about the builders who go broke, businesses all over Australia Liquidate every day for a variety of reasons.

It’s about the ones that engage in calculated criminal behaviour such as providing false information to the regulators or inducing subbies to work on a site when they know they cannot or are not going to pay them because of a fraudulent scheme. Its about the participation of the banks, pre insolvency advisors and builder appointed Liquidators to fraudulently defeat creditors.

Liquidators should always be appointed by creditors to ensure a thorough investigation takes place.

We want the rogues investigated and prosecuted for fraud so our goal is to pressure the Queensland Government to set up a fully funded Police Task Force to investigate and prosecute Construction Industry fraud.

SubbiesUnited was created to provide subbies with collaborative information on building companies that are showing signs of insolvency or struggling to pay their creditors. The signs are always there, we just need to get the message to each other before it happens.
We provide subbies with up to date news on builders in Administration or Liquidation and the best strategies to get a return.
There are some extremely litigious builders out there who would rather sue you than pay you. Often they sue you so they don’t have to pay you. We will expose them.
The construction industry is renowned for building companies setting up illegal Phoenix operations, shifting assets, then liquidating sending subbies broke. We work with other subcontractor & supplier organisations & Governments to stop what amounts to legalised theft on a massive scale though pre packaged liquidations. Insolvency is used as a means to defraud Subbies.
Our aim is to limit the financial damage before it happens with our “members only forum”, an early warning system for the benefit of all our members.