Media Reports

July 1, 2025 By subbiesu Leave a Comment

Builder WAC & Co goes into voluntary liquidation with debts of almost $4.7m

A building company – with a link to one of Brisbane’s largest construction industry collapses in the past decade – has gone into voluntary liquidation …

June 21, 2025 By subbiesu Leave a Comment

BESIX Watpac reveals a $24m profit in 2024 after two years of losses and eyes an Olympic boost

One of Australia’s biggest commercial builders has recorded an eight-figure profit after two consecutive losses as it eyes an order book of $3.5bn in …

May 22, 2025 By subbiesu Leave a Comment

Contractor winning Qld projects denies link to $53m tax bill

David Marin-Guzman Workplace correspondent May 21, 2025 – 5.00am FINANCIAL REVIEW A formwork business winning work on Queensland’s biggest …

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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.

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.

Builder WAC & Co goes into voluntary liquidation with debts of almost $4.7m

BESIX Watpac reveals a $24m profit in 2024 after two years of losses and eyes an Olympic boost

Contractor winning Qld projects denies link to $53m tax bill

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