Liquidators have moved to take control of a north Brisbane construction firm as industry leaders warn the home building sector is in its worst slump in a decade.
CITY BEAT Glen Norris and Chris Herde 2 min read February 21, 2023 - 2:43PM The Australian Business Network
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Liquidators have moved to take control of a north Brisbane construction firm as industry leaders warn the home building sector is in its worst slump in a decade.
Robson Cotter Insolvency Group has been appointed liquidators of North Lakes-based Pantha Homes, a category three builder that was licensed for work valued at up to $30m each year.
According to the Queensland Building and Construction Commission, Pantha Homes completed 48 home projects in 2020/21 valued at $13.6m but only 11 projects valued at $4.1m in the past two years. Founded in 2005, the family-owned builder offered..
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