The collapse of Condev came as a “complete shock” to hundreds of subcontractors and workers on the building giant’s Gold Coast sites who now fear for their future as liquidators move in.
Andrew Potts Follow @GCS_Pottsy 8 min readMarch 17, 2022 - 1:00AM Gold Coast Bulletin
Business
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The collapse of Condev came as a “complete shock” to hundreds of subcontractors and workers on the building giant’s Gold Coast sites, an industry advocacy group says.
Shell-shocked subbies across the city face an uncertain future following the company’s swift move into liquidation on Wednesday.
John Goddard, founder of the Oxenford-based group Subbies United, said more builders were on the brink.
“(Condev) have paid them up to January but they are facing losing 45 days of work, plus their retentions.
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