• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Subbies United

Let's Keep the Bastards Honest !!

  • Join Now
  • Login

We support Subcontractors Alliance

  • Home
  • Members Forum
  • About Us
    • Terms of Access to SubbiesUnited
    • Why Join Subbies United
    • Introduction to a Dodgy Builder
      • Predators Modus Operandi
      • My First Predator
      • Predator Credits
  • For Subbies
    • How to Become a Secured Creditor
      • PPSR – Personal Property Security Register
      • SCC – Subcontractors Charges ACT 1974
      • CRCG RIMFIRE – CHANGE OF LIQUIDATOR
    • Name & Shame
      • Name & Shame – BCIPA
      • Name & Shame – QCAT
    • What if your Account is NOT Paid?
      • BCIPA – How to Make a Claim
      • QBCC – Contracts
    • Compiling Evidence
    • Building Complaints in QLD – QCAT
    • Gathering Evidence
  • Resources
    • Voidable Transaction or Preferential Payments
    • Unfair contract terms
    • 67P – Motivates Builders To Pay Up
    • QBCC Complaints
    • Case Studies on Litigious Builders
    • Excuses for non-payment of account
    • Links to Stories on Dodgy Builders
  • INDUSTRY NEWS
  • Builders
  • Contact Us

December 31, 2021 By subbiesu Leave a Comment

Carnage: the top Qld building firm collapses of 2021

Corporate collapses in Queensland’s building sector have cost more than $100m so far and the bloodbath is set to continue. We reveal the top industry failures of 2021.

Glen Norris Follow 3 min read December 31, 2021 - 12:00AM The Australian Business Network

The past year has been a rocky one for Queensland’s building industry with the collapse of scores of construction firms leaving more than $100m in debt and creating havoc for hundreds of homeowners.

Pandemic induced shortages of everything from timber to bathroom fixtures have forced prices to skyrocket creating a perfect storm for builders trying to fulfil contracts.

TOP QLD BUILDING INSOLVENCIES OF 2021

PRIVIUM (IN LIQUIDATION, NOVEMBER)

One of the country’s top residential builders Brisbane-based Privium has estimated losses of $80m with about 2000 homeowners affected across the country. The company was founded in the 1990s by a former Tasmanian carpenter Rob Harder.

BA MURPHY CONSTRUCTIONS (IN LIQUIDATION DECEMBER)

The Sunshine Coast firm, operated by third-generation builder Ben Murphy, has left behind debts of about $3m and impacted about 290 customers.

PLANBUILD (IN LIQUIDATION APRIL)

Read more here

Filed Under: Media Reports

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Protect your business against losses from non-payment with Prasidium credit insurance

                           Click here to contact

We restructure small businesses to make them a more viable operation

                           Click here to contact

Specializing in custom gates, screens & front fencing. Contact Alchemy Gates for a free quote today.

Servicing South Brisbane & Gold Coast

Click here to contact

Proudly supporting local businesses

www.prettystitches.com.au

Advertise with us

JOIN THE MAILING LIST

Sign up for SubbiesUnited Mailing List & receive industry updates.

(Does not give you forum access).

CLICK TO SUBSCRIBE

Search News Articles

Recent Media Reports

Latest twist in Metricon saga: subbies speak out

Metricon Homes subcontractors say they have no issues with payment amid insolvency rumours

Metricon troubles being monitored by Queensland building watchdog

Metricon: ‘Crisis’ gripping building industry as big names fail

Urgent crisis talks over future of Metricon Homes

More Posts from this Category

Top News Stories

Latest twist in Metricon saga: subbies speak out

Metricon Homes subcontractors say they have no issues with payment amid insolvency rumours

Metricon Homes

Metricon troubles being monitored by Queensland building watchdog

Metricon: ‘Crisis’ gripping building industry as big names fail

Footer

Useful Links

  • Terms of Access to SubbiesUnited
  • Member Login
  • Register
  • Help & FAQ

CONNECT

  • Facebook

ABOUT US

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.

Copyright © 2022 Subbies United
Website by Align Media

  • Terms of Access to SubbiesUnited
  • Member Login
  • Register
  • Help & FAQ