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March 6, 2017 By subbiesu

THE CONSTRUCTION INDUSTRY’S HIDDEN TIDAL WAVE

Fighting for subbies rights

TO ALL SUBCONTRACTORS AND SUPPLIERS

If you value your livelihood, your family home and your sanity, read this and I mean,

TAKE THE TIME TO READ IT!

After you read it, talk to your local members, talk to each other, join Subcontractors Alliance and SubbiesUnited to help us fight this stupidity.

Since 22nd December, South East Qld subbies have had to endure the liquidations of Cullen Group, Batir, Bluestone, The Ashtay Group (CMS Design & Build) and I am sure I have missed some.

Then theres the Bloomer Constructions battle to see subbies get paid but it's slow and time consuming and while it's happening, it's not helping subbies cashflow which is already under extreme pressure.

The big positive is the Bloomer funds are starting to flow to subbies. We can expect in the vicinity of 7 to 10 million this week but as for the list above, there will be nothing, at least in the short term.

There will be nothing until subbies change their attitude of "she'll be right mate".

40 to 50 million of OUR money, representing hundreds of thousands of hours of our work have been trashed or stolen by the corporate thieves of the Building Industry in the first 10 weeks of 2017.

This dumb effort by our Federal Government (below) will unleash a tsunami of liquidations and allow the directors to just walk away untouched and then do it over and over again.

It's almost impossible to believe that we have allowed a Merchant Banker to run the nation.

It's an appalling idea. They have forgotten about the millions of subcontractors and suppliers in the process of dreaming up this "innovative and agile" idea.

While SubbiesUnited and Subcontractors Alliance try to be apolitical, its hard when they are all so bad. Is the alternative worse? Probably so that leaves us all up shit creek without a paddle.

Les Williams from Subcontractors Alliance wrote the following story, the consequences of it are frightening.

Click on the PDF to enlarge.

View post on imgur.com

Filed Under: General News

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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. 


  • 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.

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