May 2, 2023 By subbiesu Leave a Comment

Privium Homes collapse: Building boss’ charity used to pay off $1m in credit card bills and personal spending

A Christian charity founded by boss of collapsed building giant Privium Homes paid off credit card debts and funded $1m in personal spending, according to a liquidator’s report.

Glen Norris Follow 3 min read May 2, 2023 - 3:01PM The Australian Business Network

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Funds from a Christian charity founded by the boss of collapsed building giant Privium Homes were used to pay off credit card debts and fund personal spending of more than $1m, according to a liquidator’s report filed with the corporate regulator ASIC.

Love Your World, started by Rob Harder and his wife Rachel in 2012, is now being wound up after being found to owe creditors in excess of $8m. The charity, of which Mr and Mrs Harder are former directors, received donations and bequests of $7.1m in 2020 to help provide church pastoral programs based at the Hillsong Central Campus in Mount Gravatt.

Both Mr and Mrs Harder were members of the Hillsong Church but

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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.